Episode 87 | Can You Start an Assisted Living Business with Bad Credit
In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson addresses the common concern of starting an assisted living business with bad credit. Brandon explains why credit matters but is not the end-all and shares strategies to overcome credit challenges. He discusses the importance of building a solid business foundation, exploring alternative funding options such as seller financing, microloans, and partnerships with investors. Brandon also highlights the free business plan checklist and his comprehensive Launchpad bundle to assist newcomers in creating their businesses. The episode is geared toward providing actionable steps for aspiring business owners to achieve financial and time freedom through assisted living investments.
00:00 Introduction to the Podcast
00:20 Can You Start with Bad Credit?
02:23 Importance of Credit and Ways Around It
04:21 Building a Solid Business Foundation
10:54 Exploring Alternative Funding Options
18:07 Steps to Get Started Today
20:49 Q&A and Final Thoughts
Resources Mentioned:
Visit our website, AssistedLivingInvesting.net, for additional resources, including our year-long mastermind program and free underwriting calculator.
Get your free business plan checklist today: https://urlgeni.us/alibpc
Learn about the Assisted Living Investing Mastermind: assistedlivinginvesting.net/mastermind
Apply for the Mastermind today: alimastermind.com/application
Join the Bussiness Foundation Basics Workshop: Assisted Living Business Foundation Basics
Learn the five steps to help you start an assisted living business: https://youtube.com/live/dRVCa80SOyM
Get the 12 Week Year Book: https://amzn.to/4bAOpQf
Marketing Made Simple by Donald Miller: https://amzn.to/3ECoNY5
Who Not How by Benjamin Hardy : https://bit.ly/whonothowbooklink
Courses:
- Do you need guidance on your journey to launching your assisted living business: https://urlgeni.us/aliala
- Do you need help building your business plan: https://urlgeni.us/alibpg
FREE Resources:
- Business Plan Checklist: https://urlgeni.us/alibpc
- Calculator: https://urlgeni.us/alicalc
- Lease Agreement Template: https://urlgeni.us/alila
- ProfitPath Analysis Tool: https://urlgeni.us/aliprofitpath
- Grant Writing Template: https://urlgeni.us/aligrant
Need help with your payroll? Get Gusto: https://gusto.com/i/brandon9590
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