Building a successful assisted living business starts with a great team. Each staff member plays a special role in helping things run smoothly. Here’s a look at some key positions in a residential assisted living facility (RAL) that make all the difference.
Check out the video too:
Owners and F...
Â
Welcome to the Assisted Living Investing Blog. I'm Brandon Gustafson, and I own and operate two assisted living facilities. I created this blog to help people like you learn the ins and outs of assisted living.Â
In this blog, we're diving into a common question: Can a care home with just 2 or 3 ...
Starting an assisted living facility is an exciting venture for entrepreneurs eager to make a difference in the lives of seniors while also seizing a significant business opportunity. Today, I’ll guide you through the financial aspects of opening your own facility, drawing from both common industry ...
Running an assisted living facility has its ups and downs, and one of the biggest challenges is keeping a steady, happy staff. Turnover among caregivers and administrators doesn’t just cause extra work and expenses; it also impacts the care residents receive and the bonds they form. High turnover ca...
Starting an assisted living business is super exciting! You get to help seniors and run a successful business. One big choice you'll face is whether to stay in your home state or try expanding to other states. This decision can change everything—how you run your facility, how fast you grow, and how ...
Starting an assisted living facility can feel overwhelming, but with the right approach, it becomes a rewarding opportunity to make a positive impact. Whether you're completely new to this industry or have some experience, knowing the steps required will help you get started confidently. In this gui...
Earning $30,000 a month from an assisted living facility might sound like a dream, but it's not as far-fetched as you might think. With the right plan and a solid grasp of your finances, you can reach this income goal. In this blog, we’ll dive into the numbers, what to focus on, and why understandin...
Running an assisted living facility is about more than just caring for people. You also need to know how to make enough money to keep things running smoothly. The money you bring in helps you provide great care for your residents. If you want your business to succeed in the long run, it's super impo...
Running an assisted living facility is a big job, but it can also be super rewarding! One thing new owners often don’t realize is how much it costs to keep a facility running smoothly. If you don’t know your expenses ahead of time, you could end up with surprise bills that mess up your budget. Wheth...
Starting an assisted living facility is super exciting, but it can also be tricky, especially if it's your first time. There's a lot to think about—hiring staff, getting licenses, and making sure you have enough money to cover all the costs. But here’s a little secret that can help you get off to a ...
When you’re buying an assisted living business, touring the facility is a big deal. Sure, looking at documents and talking with people helps, but seeing the place in person (or even on a virtual tour) gives you important details that paper alone can’t show. Let's talk about why touring is essential ...
Starting your assisted living business can feel overwhelming, but the right tools make it simpler! With my Assisted Living Investing Calculator, you can easily get a handle on the numbers—predicting income, expenses, and even potential profits. Let’s walk through how this calculator works and why it...
