Have you ever chased a dream, only to hit roadblocks that made you question everything? That was me just one year ago. Today, I want to share my journey of launching an assisted living business, facing challenges, and ultimately finding clarity and success in this rewarding field.
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Investing in an assisted living facility is a big decision, and an in-person tour is one of the most important steps in the process. While virtual tours are convenient, physically walking through the property gives you a deeper understanding of the facility's condition, atmosphere, and operations.
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Starting your own assisted living facility is a big and exciting step! But to make it happen, you need to secure funding. That’s where the SBA 1919 form comes in. It can feel confusing, like trying to solve a big puzzle, but don’t worry—I’m here to help!
This guide will focus on Section II of the f...
Filling out forms can be tricky, especially when it comes to getting a loan for your assisted living business. The SBA 1919 form is one of those important forms, and it’s a big step in getting the funds you need. But don’t worry, I’m here to help!
In this guide, we’re focusing on Section I of the S...
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.
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Owners and F...
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...
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...
Have you thought about buying an assisted living business? BizBuySell is an online marketplace that makes it easier to find and buy businesses, including assisted living facilities. Whether you’re new to the game or an experienced investor, this guide will walk you through using BizBuySell to find a...
Thinking about building a residential assisted living facility? You're in the right place. Entering this field is rewarding but comes with unique challenges. Whether you're driven by a desire to provide great care to the elderly or to join a growing industry, this blog will be a helpful resource.
W...
Running an assisted living facility is like juggling many balls at once. You need to take care of residents, manage staff, and follow all the rules. It can be tough, but it's also very rewarding. In this guide, we'll share some key tips to help you become a great assisted living operator.
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Running an assisted living business can be challenging, especially when it comes to managing operations and staff. One of the tools that can help you succeed is an organizational chart. This chart serves as a visual guide to the structure of your facility, showing who’s responsible for what and how ...
This blog will cover an important topic for anyone considering investing in assisted living: understanding Medicaid and Medicare. These programs are frequently mixed up, but understanding the distinctions and how they work can greatly impact your ability to run your business. Whether you're just get...
