Homewatch CareGivers Named a Top Franchise for Women

GREENWOOD VILLAGE, Colo. – Homewatch CareGivers, the leading home care company with more than 200 franchised units across 34 states domestically, has been recognized as a leading franchise brand for women.

Franchise Business Review, a national franchise market research firm, announced that Homewatch CareGivers has been named to its annual list of top franchises for women. The list titled, “Top 50 Franchises for Women in 2019,” surveyed thousands of women from participating franchises and ranked the companies based on overall satisfaction of its female franchise owners. The list also details each company’s scope of work, cash requirement, and initial investment for potential franchisees.

The team at Franchise Business Review surveyed nearly 9,000 female franchise owners from over 260 leading franchises before compiling the 2019 list. Participants were asked to measure their satisfaction from the last 12 months based on leadership, training, and core values.

“Our franchise network is made up of many powerful female franchise owners who have positioned Homewatch CareGivers at the forefront of the home care industry,” said Jennifer Tucker, COO of Homewatch CareGivers. “Many of our franchisees come into this business after a caregiving experience, so it’s no surprise to me that our female franchisees have thrived in this industry. It’s an incredible honor to be recognized for that.”

Homewatch CareGivers strives to provide best-in-class support for its franchisees and even has a unique support system in place. In addition to its proven franchise model, the home office works closely with each franchisee to establish a 52-week Business Implementation Plan (BIP), which pinpoints target goals that should be met in order to run a high-quality, successful operation in the first year of business.

“The franchise industry provides many options to women seeking business ownership on a full- or part-time basis in multiple sectors,” says Michelle Rowan, President and COO of Franchise Business Review. “The number of franchise opportunities can be overwhelming, so it’s critical to examine feedback from other female franchise owners on how well the franchise meets their expectations in terms of support, work/life balance, financial opportunity, and other key areas of business ownership. When you look at the brands on our list, a whopping 90% of women said they enjoyed owning and operating their own business.”

The estimated initial investment for a Homewatch CareGivers franchise ranges from $83,000 to $141,500, which includes a franchisee fee of $49,000. Interested individuals must also have a minimum net worth of $350,000 and $50,000 liquid capital to ensure additional funding is available while launching their franchise.

About Homewatch CareGivers

Homewatch CareGivers, based in Greenwood Village, Colorado, delivers a variety of person-directed, professional at-home services including elder care, care for individuals with developmental and physical conditions, after-surgery care and dementia care. With a heavy involvement in the Home Care Association of America (HCAOA), the Homewatch CareGivers mission is to provide the best-in-class care for each and every client, to serve as a vital part of the continuum of care and to provide the support franchisees and caregivers need to find success and make a difference in their communities.

About Franchise Business Review

Franchise Business Review (FBR) is a leading market research firm serving the franchise sector. FBR measures satisfaction and engagement of franchisees and publishes various guides and reports for entrepreneurs considering an investment in a franchise business. Since 2005, FBR has surveyed hundreds of thousands of franchise owners and over 1,100 leading franchise companies.

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