Running an assisted living business means juggling many responsibilities—and managing your finances is at the top of the list. Choosing the right bank can make or break your bottom line. Hidden fees and surprise charges can quickly eat into your profits, leaving you with less money to reinvest in yo...
In the fast-paced world of assisted living, staying organized is crucial for success. Whether you're launching a new assisted living business or managing an existing facility, having the right tools can make a huge difference in how smoothly everything runs. One tool that’s become essential in my pr...
Running an assisted living business can be complex. You’re juggling everything from managing staff to ensuring that residents are well cared for. If the day-to-day responsibilities ever feel overwhelming, you’re not alone! Many assisted living owners and managers find that organization is key to mak...
Starting an assisted living business is exciting, but you’ll need a dedicated bank account to keep things running smoothly! Opening a business bank account may feel tricky, but with a little prep, you’ll be ready in no time. Let’s break it down!
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Why You Need a Business...
Building strong business credit is one of the most important steps to financial success in the assisted living industry. A solid credit profile makes it easier to secure loans, attract investors, and handle unexpected expenses. Plus, it protects your personal credit from business risks.
In this blo...
Starting an assisted living business is exciting, but it also means making many important choices—including how to manage your finances. One decision is whether to use a debit card or a credit card for your business transactions. Both options have benefits, and understanding their differences can he...
Running an assisted living facility is a rewarding journey, but it comes with its fair share of expenses. From groceries to utilities, every dollar counts when building a successful business. But what if your spending could also bring in extra cash or perks? That’s where credit card rewards come in!...
In the fast-paced world of entrepreneurship, staying productive is key to keeping everything on track. As the owner of two assisted living facilities, I’ve learned that strong organization is essential for managing my day-to-day responsibilities. While bullet journaling and Notion are both important...
Starting an assisted living facility is exciting, but you need money to get started. Many people use SBA loans to get the money they need. Part of applying for an SBA loan means filling out a Personal Financial Statement (PFS). This form shows the bank what you own and what you owe so they can decid...
Starting your own assisted living facility is a big and exciting step! But to make it happen, you need to secure funding. That’s where the SBA 1919 form comes in. It can feel confusing, like trying to solve a big puzzle, but don’t worry—I’m here to help!
This guide will focus on Section II of the f...
Filling out forms can be tricky, especially when it comes to getting a loan for your assisted living business. The SBA 1919 form is one of those important forms, and it’s a big step in getting the funds you need. But don’t worry, I’m here to help!
In this guide, we’re focusing on Section I of the S...
I want to share my story of how I got into the assisted living business. I’ve faced challenges, learned a ton, and had some amazing moments along the way. Now, I’m excited to share some helpful tips with you! Whether you're just starting out or want to grow your assisted living facility, I hope my j...
