My Elder

My Elder: A Franchise Opportunity in Elder Care

My Elder, founded by Jack Halpern, a veteran of the elder care field, is dedicated to providing high-quality care for seniors. The company focuses on meeting the unique needs of seniors and ensuring their well-being.

Since 2004, My Elder has been a trusted name in elder care, offering peace of mind to families. The company expanded to a franchise model in 2014 and now has several locations. Headquartered in Jersey City, New Jersey, My Elder provides a range of services, including:

Elder Care Services

• Eldercare monitoring
• Assisted living and nursing home placement
• Elder home care planning
• Hospital and nursing home crisis intervention
• Long-distance caregiving
• Long-term care planning
• Assisted living and nursing home eviction prevention

Why Choose a My Elder Franchise?

If you're passionate about helping seniors and have strong business skills, a My Elder franchise may be a good fit for you. No prior experience in elder care advocacy is required. My Elder provides extensive training, covering both classroom instruction and hands-on experience.

Franchise Support

My Elder offers ongoing support to its franchisees, including:

• Security and safety procedures
• Field operations
• Proprietary software
• Marketing support, including regional advertising, SEO, social media, co-op advertising, ad templates, and website development

Franchise Agreement

My Elder franchise agreements typically run for ten years with the option to renew for eligible franchisees.

Is a My Elder Franchise Right for You?

Opening a My Elder franchise can offer a proven business model in a growing industry. However, it's important to carefully consider the financial requirements and be prepared for the initial investment, which includes a franchise fee and other startup costs. Ongoing fees, such as advertising, royalty, and potential renewal fees, should also be factored into your financial plan.

Financial Considerations

To be a My Elder franchisee, you'll need to meet the company's net worth and liquid capital requirements.

How to Get Started with a My Elder Franchise

Before making any decisions, it's important to thoroughly research the My Elder franchise opportunity and assess its potential in your local area. Consider the level of competition in the market and if there is room for a successful franchise.

Due Diligence

Perform your due diligence before making any financial commitment. This includes:

• Speaking with existing franchisees
• Asking questions of the My Elder franchising team
• Consulting with an attorney or financial advisor to ensure you have the necessary resources