If you want to start an assisted living business, a five-bed home might seem like a great place to begin. But I’ve seen how easy it is to start a small care home and find out later that the numbers do not work. Let’s look at the math so you can make a smart choice before you invest your time and mon...
Buying a home for your assisted living business is a big step, and I know how exciting it can be to find a property that looks perfect. But I have seen how the wrong home can make it harder to fill beds, manage costs, and build a business that works.
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Six years ago, I bought an assisted living facility, and honestly, I regret it. But that same decision also became one of the best things I could have done for my assisted living business. It taught me a lesson I wish I had learned before I bought my first facility. Want the full breakdown?
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Have you ever wondered what an assisted living owner actually does all day? I’ve found that the answer depends on which hat you choose to wear, and you have more choices than you may think.
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You can choose how involved you want to be in your assi...
Are you interested in assisted living but still wondering if it is really the right move for you? I get it. Before you commit, you need to understand what this business really takes, how the money works, and what you can expect in the first few years.
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Have you been trying to figure out how many beds your assisted living facility should have? I’ve seen many people get stuck trying to decide between a small home and a larger facility, especially when they are unsure how the numbers work. Let’s look at why 16 beds may make more sense than 8 and what...
Starting an assisted living business can feel confusing when you do not know what to do first. I hear from many healthcare workers who want to do this but feel stuck because there are so many things to figure out. The good news is, you do not have to figure out everything at once.
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What if you could generate more than $10,000 a month from one room in your assisted living home? It sounds like a big number, but when you understand how Medicaid payments, level of care, and shared rooms work together, the math starts to make sense. Let’s break down how two residents in one room...
Funding your first assisted living home can feel like the biggest hurdle. I’ve seen many people get stuck because they think they need all the money before they can even begin, but there are several ways to fund your first home.
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You have more than...
Buying an existing assisted living facility can help you get started faster, but building from the ground up gives you more control. I’ve seen both paths work, and the right choice depends on your goals, your market, and how quickly you want to get started.
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Getting told "no" by your local zoning office can feel like the end of the road. I know because I've been there, and I've also helped many students work through the same challenge. The good news is that a "no" doesn't always mean your assisted living dream is over.
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If you've started looking into assisted living, you've probably looked at the numbers and wondered if they even work. At first, it can seem like the staffing costs are too high and the profits are too low. I've had this question come up over and over, so let's break it down in a simple way. Want the...