Running an assisted living facility involves more than providing a safe space for residents—it’s about building a dedicated, knowledgeable team that ensures both the well-being of residents and smooth facility operations. Whether you’re opening a new facility or expanding an existing one, understand...
Starting an assisted living facility is a big deal! You get to help older adults live better lives while running a successful and profitable business. But if you're new to this field, it can feel a little overwhelming. There's a lot to learn, from healthcare needs to the real estate side of things.
...Getting your team set up the right way is a big deal when you’re building an assisted living business. Your team’s structure affects how smoothly things run, how happy your residents feel, and how engaged your staff is. Let’s dive into how to set up an org chart that makes it all work!
Check out th...
Disclaimer: I am not an attorney, this blog is not legal advice and I suggest you consult with an attorney for your specific situation.
Starting an assisted living business is a big step! And choosing the right business structure—like an LLC, corporation, or partnership—is one of the most important...
Building a successful assisted living business starts with a great team. Each staff member plays a special role in helping things run smoothly. Here’s a look at some key positions in a residential assisted living facility (RAL) that make all the difference.
Check out the video too:
Owners and F...
Â
Welcome to the Assisted Living Investing Blog. I'm Brandon Gustafson, and I own and operate two assisted living facilities. I created this blog to help people like you learn the ins and outs of assisted living.Â
In this blog, we're diving into a common question: Can a care home with just 2 or 3 ...
Starting an assisted living facility is an exciting venture for entrepreneurs eager to make a difference in the lives of seniors while also seizing a significant business opportunity. Today, I’ll guide you through the financial aspects of opening your own facility, drawing from both common industry ...
Running an assisted living facility has its ups and downs, and one of the biggest challenges is keeping a steady, happy staff. Turnover among caregivers and administrators doesn’t just cause extra work and expenses; it also impacts the care residents receive and the bonds they form. High turnover ca...
Starting an assisted living business is super exciting! You get to help seniors and run a successful business. One big choice you'll face is whether to stay in your home state or try expanding to other states. This decision can change everything—how you run your facility, how fast you grow, and how ...
Starting an assisted living facility can feel overwhelming, but with the right approach, it becomes a rewarding opportunity to make a positive impact. Whether you're completely new to this industry or have some experience, knowing the steps required will help you get started confidently. In this gui...
Earning $30,000 a month from an assisted living facility might sound like a dream, but it's not as far-fetched as you might think. With the right plan and a solid grasp of your finances, you can reach this income goal. In this blog, we’ll dive into the numbers, what to focus on, and why understandin...
Running an assisted living facility is about more than just caring for people. You also need to know how to make enough money to keep things running smoothly. The money you bring in helps you provide great care for your residents. If you want your business to succeed in the long run, it's super impo...