Last Updated on July 30, 2012 by DeanR
Ikor Franchise
Ikor is a franchise for a business providing miscellaneous financial services especially for the disabled and the seniors.
It was founded in 1998 and started franchising in 2008. It was founded by Patricia A. Maisano, RN, CCM, FAACM, PGCM, RG, ABDA who is also the present President and CEO of Ikor. Through her experiences as a Registered Nurse and working for a large pharmaceutical company, she realized the need for a company that would put the most importance on decisions that answers the client’s needs and wishes. . Ikor is affiliated with the National Association of Professional Geriatric Care Managers, American Association of Nurse Assessment Coordinators, American Board of Disability Analysts, American Board of Certified Case Managers, Regional Estate Planning Councils, Elder Care Link, and Pennsylvania Bar Institute.
What services does Ikor offer?
They offer services to injured, elderly, ill, or even the disabled in different ages. Their staffs are Registered Nurse Patient Advocates or RNPA and Personal Needs Coordinator or PNC. They customize each service depending on the needs of the patient. Their RN Patient Advocates are required to have at least 10 years of experience in nursing management. Most of them have advanced degrees in different fields to enhance their capabilities to answer to the needs of the elderly and disabled. The Personal Needs Coordinators works hand in hand with the RN Patient Advocates to efficiently provide them with their needs. The Personal Needs Coordinators all have financial backgrounds and can help them in issues like selling properties, coordinating home repairs and modifications, and ensuring the availability of life items and bill payments
To whom do Ikor provide their services to?
For the seniors, they provide help for those with Alzheimer’s, Elder Rights, and Fitness for them. For the disabled, they help with disability statistics and disability rights. For children with special needs, they provide parenting services and advocating children with disabilities. They also provide services for other family members who have aging parents, hey help you cope with stress from taking care of the elderly and disabled and first hand caring for the disabled and elderly.
Cost and requirements on running an Ikor franchise
You need to have a net worth of about $86,500 to $103,800 and a total liquid asset of at least $50,000. Expect o be investing about $53,000 to $85,000. The cost of Ikor franchise fee is $35,000 with an on-going royalty fee of 8%. This is for a renewable 10 year term agreement. This business can be run from home. You will need about 10 employees to run one location. They do not allow absentee ownership.
What is included in the franchise package?
There will be three weeks training at the headquarters, once a month training at your location and on-going online training. You will be receiving newsletters and a toll free phone number. You will be given access to the internet and assistance at the grand opening. Expect to be attending meetings and receiving occasional field evaluations. For marketing support, there will be ad slicks, co-op advertising, regional advertising, and national media.
Ikor Contact Details
You may reach them at:
Address: 415 McFarlan Road, Suite 200, Kennett Square, Pennsylvania 19348
Phone: (610) 444-1454