IKOR USA INC.

Description

IKOR is a unique opportunity in the senior and disabled care industry, allowing motivated franchise owners to provide a variety of badly needed services to seniors and the disabled - advocacy, guardianship, care planning and coordination, financial management, routine bill payment services and small/minor trust work.

What is IKOR®?

IKOR is different from other businesses that serve the needs of seniors and the disabled. IKOR does not provide direct care, but acts as an advocate for its clients, creating and overseeing each client's medical, environmental, psychosocial and financial life plans.

With this approach, IKOR provides a wide range of services: advocacy, guardianship, care planning and coordination, financial management, routine bill payment services and small/minor trust work. IKOR is a unique business opportunity in the senior and disabled care industry, allowing motivated franchise owners to provide a variety of badly needed services - with the support of an established organization - that make a positive impact on the lives of individuals and families in their communities.

Our in-house team of highly experienced Registered Nurse Patient Advocates and Personal Needs Coordinators provides our customized services through an assessment process that ends in both short-term and long-term strategic planning. Each client's strategic plan is based on the unique needs of that individual. The IKOR approach helps families manage both short-term health crises and long-term care issues for seniors and disabled adults and children.


Investment Highlights:

Our services:

Advocacy in all important life areas:

Whether medical, environmental, psychosocial or educational/work program issues, IKOR takes an integrated approach and provides an initial assessment, recommendations and referrals for care options, coordinated communications among care providers, ongoing quality assurance, and periodic reports and meetings with all parties involved (client, family, caregivers, etc.)

Guardian of person or estate:

From complete guardianship to a simple power of attorney, clients' best interests are always the primary focus when selecting the right solution for issues that require guardianship or other legal arrangements.

Together, your dedicated team can analyze and monitor all important aspects of the client's life, such as configuration of the living environment, assuring availability of necessary items, and the coordination of all prior, current and future financial demands. The overall benefits you provide - and that make IKOR different from other service providers - include the fact that information and guidance are provided by a highly skilled, single source within a cost conscious platform, and by a neutral party with whom both client and family members can feel comfortable.

What has IKOR meant to its clients?

As we have provided services to hundreds of clients over the years, we have impacted, in a positive way, their integrity and their lives. We help empower them and show them that having certain conditions doesn't mean that life has to be extremely difficult, or in steady decline. We do this by constantly putting the clients' needs first, meeting their desires, wishes and dreams for the way their lives could be.

And what does IKOR mean for you?

Everything we have done from the day we started IKOR was with the idea of expanding and offering our important advocacy services across the country. Franchising always seemed to be a natural part of the overall plan. But now we need people like you to complete the picture. When you join IKOR as a franchise owner, you will provide greatly needed advocacy and oversight services to meet the needs of clients in your own protected territory. But it is about much more than owning a business - it is about making an impact and creating a legacy. It is about having a passion and putting that passion to good use, by becoming a "voice" for the elderly and disabled. We hope you will share our vision and dedication to providing critical advocacy services to people who need them most.

Outstanding training and support as you start and build your business

The IKOR USA organization is dedicated to providing both the start-up support and the ongoing assistance you need to establish and operate an efficient and effective advocacy services business. You'll have the full backing of our organization, our years of experience, our professional affiliations with major national associations, and our wide array of support services, including proprietary technology tools and training.

  • More than two weeks of training at our corporate offices in Pennsylvania, just for starters
  • Details on how to identify the key relationships needed in your marketplace
  • Three days of training and marketing assistance at your location, including setting appointments with the key relationships with our professional customers
  • Our proprietary Datikor™ system which brings all client data, invoicing information and employee/payroll information into one seamless system
  • Ongoing support for the life of your business

Our franchisees are truly unique; they possess a keen business sense, bright mind and a strong desire to serve those around them.

Our franchisee’s backgrounds are varied, but include:

  • Sales Professionals
  • Healthcare Professionals
  • Management Professionals
  • Bankers
  • Attorneys
  • IT Professionals
  • Military Officers

Our franchisees must be well spoken, well presented professionals who dress for success. They must be good listeners, able to handle sensitive and private information carefully and have a humble spirit.

In addition, a successful IKOR franchisee must be or have:

  • Comfortable following our established systems
  • A team player, supportive of others in the system
  • Willing to adapt to changes in procedures and systems over time
  • Dedicated to contributing ideas and building strong relationships within the system
  • Strong management experience
  • Excellent communication and interpersonal skills - comfortable in building relationships (a consultative sales & marketing approach)
  • A passion for service
  • A strategic & tactical decision maker

Background

Year Established: 1998
Year First Franchised: 2010
Franchised Units: 10-50
Actual number of units: 14
Company Owned Units: 1
Projected New Units (12 months): 30

States referrals are accepted in:

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • Washington DC
  • West Virginia
  • Wisconsin
  • Wyoming

Avail. in Canada: Masters/Area Developer: No


Notes:

States/Countries Registered In: All Contiguous US
Availability in Canada: Masters / Area Developer: No
U.S States or Canadian Provinces from which Broker Referrals are being accepted: All US except Hawaii

 

Financial / Terms

Cash Investment: $45,000
Minimum Investment: $56,000
Minimum Net Worth: $150,000
Franchise Fee: $35,000


Discounts:

  • Vet Fran

Royalty: 8%
Ad: N/A
Average # of Employees: 3
Passive Ownership Allowed: Yes
Earnings Claims: Yes


Notes:

Total Investment: $56,000 - $88,000

VetFran Program Participant: Yes - $5,000 reduction in initial franchise fee

Discounts: VetFran, Women, Minorities? Vetfran only

 

Franchise Sales

Single Unit: Yes
Multiple Units: No
Area/Master Developer: No
Resales: No

 

International Expansion

International Expansion Opportunities: No
Developing outside of the U.S.: N/A
Single Unit Availability Outside U.S.: No
Multiple Unit Availability Outside U.S.: No
Area Development or Master Avail.: No
Cash Investment: N/A
Total Investment: N/A


Notes:

No International Opportunities

 

Support & Training Provided

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Co-operative Advertising: No


Notes:

Training:

15 days of training. 8 days of training for the managing director on start-up, marketing, operations, management and software use. 4 days of training for up to two RN Patient Advocates on operations and software use. 3 days of training at the franchisee’s location with an IKOR executive on the proper execution of the IKOR marketing program with Local Marketing Training.

 

Get Started!

Freddy O'Pry

Franchise Development

281-342-7474