My Elder

Who are we

What to know about My Elder franchise? As a franchisee you operate a My Elder® consulting firm that offers elder care comprehensive advisory services to the elderly and their families that include, but are not limited to, elder advocacy using the needs assessment as a tool to support preventing elder housing: evictions, elder placement services, elder care crisis management, elder care home care planning, elder care long term care planning, elder care monitoring, preventing elder abuse and neglect, and long-distance caregiving. Franchisees are paid by the clients and therefore are not responsible for communication with insurance companies for remuneration. They're committed to providing comprehensive advisory services to the elderly and their families, and franchisees play a vital role in this process. As a franchisee, you'll be responsible for conducting needs assessments and offering elder advocacy services. You'll also be responsible for providing placement services, monitoring care, and preventing abuse and neglect. Our franchisees are paid by clients, so they're not beholden to insurance companies for reimbursement. My Elder has a proven business model and an excellent reputation in the industry. My Elder is based in Jersey City, NJ. Scroll down to learn more!How much does a My Elder franchise cost?Are you wondering how much is a My Elder franchise? Before starting a My Elder franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a My Elder franchise is $72,250 and can go all the way up to $118,600. Keep in mind, you should also allocate additional funds to live off of while the My Elder business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 My Elder franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a My Elder business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your My Elder franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.