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- 2022 Franchise 500 Rank
#121 Ranked #116 last year
- Initial investment
$113K - $198K
- Units as of 2021
202 18.1% over 3 years
Here’s what you need to know if you’re interested in opening a FirstLight Home Care franchise.
FirstLight Home Care offers nonmedical home care. It may be the franchise for anyone who wants to live a more meaningful life filled with purpose. The executive leaders and franchisees try to create a culture of caring and putting people first. FirstLight Home Care wants to provide the best home care possible, so their clients can stay in their homes instead of being placed in care facilities.
Why You May Want to Start a FirstLight Home Care
The executive leaders of FirstLight Home Care have all been franchisees at one point or another in their careers. Among all of the company's leaders, they have over 200 years of franchising experience with more than 160 decades of in-home care for seniors. All of this experience gives franchisees a distinct advantage when entering the home care industry.
FirstLight Home Care also offers more services than some other senior home care franchises. FirstLight Home Care takes care of clients recovering from surgery, clients who have special needs, and new moms. These additional groups may give your franchise a larger client base and more than avenue to explore.
What Might Make a FirstLight Home Care Franchise a Good Choice?
FirstLight Home Care gives all franchisees an excellent amount of training. This starts even before you open the doors of your franchise. After signing your franchise agreement, you will receive a pre-training module that takes about several dozen hours to complete. You then have multiple days of training at company headquarters in Cincinnati, Ohio.
Once you open your franchise, you will receive weekly phone calls for the first 16 weeks. Within the first 60 days after opening, you will have two on-site visits. After that, you will continue to have access to on-site visits and other training tools to help your business grow and your staff be successful.
FirstLight Home Care gives each franchisee a launch specialist to help you know what licenses you need to get started. The brand also enables you to stay up-to-date with your licensing. Licensing requirements are always changing, and it helps to have someone else keep an eye on them, so you do not miss something.
How To Open a FirstLight Home Care Franchise
To be part of the FirstLight Home Care team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also be prepared for ongoing fees, which will include advertising, royalty, and renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
If you want to pursue a FirstLight Home Care Services franchise, you will need to submit an inquiry form. If your inquiry is approved, you may be given an electronic brochure and receive a phone call from a franchise representative. You may also have two web conferences determining if you want to go forward. If you wish to continue, you will submit your formal application and review the Franchise Disclosure Document. After that, you will discuss available territories, schedule a discovery day, start training, and eventually sign a franchise agreement. Before you know it, you can open your franchise and give quality care that counts.
About FirstLight Home Care
- Franchising Since
- 2010 (12 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees worldwide.
This company is seeking new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
- # of Units
- 202 (as of 2021)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a FirstLight Home Care franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $113,300 - $197,900
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- 20% off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- FirstLight Home Care has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 44 hours
- Classroom Training
- 50 hours
- Ongoing Support
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingMarketing Planning & SupportSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Franchise 500 Ranking History
Compare where FirstLight Home Care landed on this year’s Franchise 500 Ranking versus previous years.
Curious to know where FirstLight Home Care ranked on other franchise lists? Find out below.
Are you eager to see what else is out there? Browse more franchises that are similar to FirstLight Home Care.
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