Buying an existing assisted living facility (ALF) is one of the fastest ways to break into the senior care industry. Instead of starting from scratch, you step into an operational business with residents, staff, and revenue already in place. But how do you actually buy an assisted living business th...
Embarking on the journey of starting an assisted living business begins with one of the most critical steps: selecting the ideal property. The importance of choosing a strategic location and the appropriate type of property cannot be overstated, as these factors play a pivotal role in the overall su...
When it comes to assisted living, you have two main options: big-box facilities and residential care homes. Both provide essential care for seniors, but they offer very different experiences—for both residents and business owners.
If you’re thinking about starting an assisted living business or loo...
Starting an assisted living business is exciting, but if you want to succeed, you need a solid business plan. Think of it as your roadmap—it helps you stay on track, secure funding, and build confidence in your vision.
A business plan isn’t just paperwork—it’s a powerful tool that shows investors, ...
Running a residential assisted living (RAL) facility comes with many decisions, and one of the trickiest is figuring out how to compensate your caregivers fairly. A common question is: Should overnight caregivers earn more than daytime staff?
Let’s break it down by looking at the roles, challenges,...
Starting a residential assisted living (RAL) business is an exciting journey, but understanding how residents will pay for their care is key to your success. Payment options can be a little tricky to navigate, so let’s break it down into three main methods: private pay, Medicaid, and long-term care ...
Are you prepared to embark on your journey in the dynamic world of the assisted living industry? If you’ve been looking for practical and actionable guidance on kick-start your career in this rewarding field, you’ve come to the right place. At Assisted Living Investing, we provide a wealth of inform...
Running payroll for an assisted living facility can feel overwhelming. You’re juggling schedules, taxes, and employee satisfaction—all while ensuring residents get the care they deserve. That’s where Gusto comes in! This all-in-one payroll platform makes paying your staff easier and keeps you compli...
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.
Check out the vid...
Running an assisted living business can be deeply rewarding, but let’s be honest—it’s also tough. From staffing crises to unexpected resignations, the road is filled with challenges. Recently, I hit a low point when the administrator of one of my facilities resigned. For a moment, I seriously consid...
Running an assisted living facility can be incredibly rewarding, but it’s not without challenges. One of the toughest moments any operator might face is when a key team member—like an administrator—suddenly resigns. Losing an administrator can feel like the sky is falling, but with the right approac...
If you’re looking to buy an assisted living facility, one of the most important things you can do is position yourself as a buyer that sellers trust and want to work with. Sellers want to know their facility—and the residents they’ve cared for—are in good hands. Building a strong connection with the...
