Credit card rewards are more than just perks for personal purchases—they can also benefit your assisted living business. Whether you’re running a small facility or scaling your residential assisted living (RAL) business, using credit cards strategically can save you money and improve...
Jumping into the world of assisted living facility ownership is no small feat! It’s more than just buying a piece of real estate; it’s about understanding complex regulations, navigating day-to-day operations, and ensuring you’re making smart investment decisions. While you...
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...
Running a small business can be tough, especially when you're juggling many tasks. As someone who manages two assisted living facilities, a YouTube channel, and a growing client base, I know how important it is to stay organized. In this blog, I'll share some tips on how to keep your business...
Running an assisted living facility? Then you know how important it is to pay your staff on time and correctly. Let's talk about how to choose the right payroll vendor for your business. We'll even share our favorite pick!
Why Picking the Right Payroll Vendor Matters
In assisted living, your...
Are you thinking about buying an assisted living business? If so, you're in the right place! Today, we're going to talk about something super important: building great relationships with sellers when you're buying an assisted living facility. These relationships can make a huge difference in your...
Starting an assisted living business is exciting, but there's one thing you shouldn't forget: setting up a business bank account. It might seem like a small detail, but it's super important for your success. Let's talk about why you need one and how to set it up.
Why You Need a Business Bank...
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...
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...
This blog will provide the reality of the business side of owning a residential assisted living facility. If you've been looking for information on how to start and manage this type of business, you've come to the perfect spot. Navigating the world of assisted living can be challenging, but with...
Private money can be a vital funding source for your assisted living business. When you leverage private money, you receive funds from private individuals or groups willing to invest in your venture. For instance, private lenders might offer interest-only loans for a short term, typically 12-18...
Starting an assisted living business can be fulfilling and profitable, but it requires meticulous planning and preparation. Creating a comprehensive business plan is one of the most crucial steps in launching your assisted living business. In this blog post, we'll guide you through writing a...
