Episode 123 | 3 Big Mistakes That You Need To Avoid When Starting Your Assisted Living Business

In this episode, Brandon shares the most common (and costly) mistakes people make when starting out and how to avoid them. From skipping proper market research to underestimating startup and operational costs, he breaks down what truly matters when building a solid foundation in this industry.

00:00:00 – Introduction
00:00:41 – Main Topic Introduction: Common Mistakes to Avoid
00:00:41 – Mistake #1: Neglecting Market Research
00:04:26 – Mistake #2: Underestimating Startup and Operating Costs
00:07:43 – Mistake #3: Hiring the Wrong Team
00:10:33 – 00:11:50 – Wrap-Up and Call to Action

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 Basics: https://www.assistedlivinginvesting.net/basics

Learn about the Assisted Living Investing Mastermind: assistedlivinginvesting.net/mastermind

Apply for the Mastermind today: alimastermind.com/application

Join the Business 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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