The Big Five Expenses: WAGES, INSURANCE, FOOD, ENERGY (UTILITIES), DEBT SERVICE
Starting an assisted living business is exciting. It can also be pricey. If you want to make money and do good work, you must know the big costs. This guide breaks down the top five expenses you need to track. It also s...
Starting an assisted living business is exciting—but it can also feel overwhelming. One of the biggest challenges you’ll face is understanding your expenses and planning for them. If you don’t get this right, even the best ideas can fail.
Good news—you don’t have to figure it all out alone! In this...
Starting an assisted living business is exciting — but scary too. One of the first questions everyone asks is:
“Will this even make money?”
Good news: you can know the answer before you open your doors.
In this guide, I’ll show you how to run the numbers, understand your costs, and feel confident a...
Starting an assisted living business can feel exciting but also overwhelming. Where do you start? What steps should you take? Good news — you don’t have to figure it out alone! This guide breaks down everything you need to know to launch your own assisted living facility the right way.
Check out this...
Investing in assisted living can seem like a goldmine. You may see videos online promising easy money—$10,000 per month per facility, low stress, and quick profits. But here’s the reality: the money is real, but so is the work. Many beginners jump in thinking it’s simple and end up overwhelmed. Let’...
Thinking about investing in assisted living? You’ve probably heard stories about making $10,000+ a month in cash flow. Sounds amazing, right? But what’s really going on behind the scenes? This blog breaks down the real profits—and the hidden challenges—so you can see what’s really possible.
Let’s d...
Getting your assisted living business off the ground takes a lot of financial planning. You don’t need an MBA, but you do need to know where your money’s going, how to get funding, and how to understand your numbers.
Let’s break down the key things you need to know before you open your doors.
Check ...
Starting a Residential Assisted Living (RAL) business can be incredibly rewarding, but one of the most important questions for any new or aspiring owner is:
How profitable is this business?
In this post, we'll break down how profitability works in the RAL business, covering key levers for increasin...
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...
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...