Disclaimer: I am not an attorney, this blog is not legal advice and I suggest you consult with an attorney for your specific situation.
Starting an assisted living business is a big step! And choosing the right business structure—like an LLC, corporation, or partnership—is one of the most important...
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 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 ...
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...
Running an assisted living business can be tricky, especially when it comes to money. It's even harder when you're managing your business from far away. For my facilities, I've found that small business credit cards are super helpful. In this blog, I'll share how we use these cards to make our busin...
Running an assisted living business can feel like juggling a hundred balls at once. You're handling payroll, managing invoices, and making sure your staff gets paid correctly. It's a lot! But here's some good news: there are online tools that can make your life much easier. Let's talk about how thes...
Welcome back to our series on how to underwrite an assisted living business! In Parts 1 and 2, we covered the basics of our underwriting calculator. Now, let's dive into the exciting part: looking into the future of your potential investment.
Check out the video too:
Why Future Projections Matt...
Taking the leap and owning an assisted living facility is a turning point in your growth. Navigating the complexity of the commercial real estate market can be difficult, especially for individuals who are unfamiliar with the nuances. One of the most important aspects in this process is to work with...
Let's explore the role of an assisted living home operator in healthcare and senior care. Running an assisted living facility involves more than just management; it enhances seniors' quality of life with daily care and support. Operators must balance healthcare regulations, staffing, and resident ca...
This blog explores the complications of running multiple assisted living facilities in various states. Although managing such a vast corporation may appear daunting, it is doable with the right planning and people. We'll share thoughts and strategies for successfully navigating this complex landscap...
The assisted living industry is an important aspect of our society and offers a big potential for entrepreneurs willing to take part and make a difference. This blog will teach you the ins and outs of profitability in the assisted living market. We'll look at the important aspects that influence fin...
This blog will answer a common question: "Do you need an RN for your assisted living business?" This is a frequently asked subject, particularly among individuals with nursing backgrounds who want to work in assisted living. Having an RN on your team might be a game changer, but is it necessary? Let...