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...
Running an assisted living facility is a big job, but it can also be super rewarding! One thing new owners often don’t realize is how much it costs to keep a facility running smoothly. If you don’t know your expenses ahead of time, you could end up with surprise bills that mess up your budget. Wheth...
Starting an assisted living facility is super exciting, but it can also be tricky, especially if it's your first time. There's a lot to think about—hiring staff, getting licenses, and making sure you have enough money to cover all the costs. But here’s a little secret that can help you get off to a ...
When you’re buying an assisted living business, touring the facility is a big deal. Sure, looking at documents and talking with people helps, but seeing the place in person (or even on a virtual tour) gives you important details that paper alone can’t show. Let's talk about why touring is essential ...
Starting your assisted living business can feel overwhelming, but the right tools make it simpler! With my Assisted Living Investing Calculator, you can easily get a handle on the numbers—predicting income, expenses, and even potential profits. Let’s walk through how this calculator works and why it...
When managing or starting an assisted living facility, having the right policies on hand is essential—whether it’s for everyday operations or preparing for state inspections. But what if you need a policy quickly? Here’s a real-life story from my experience and a guide on how to create effective pol...
Virtual tours are an amazing tool for anyone looking to invest in the assisted living business. Want to check out a property without leaving your home? Virtual tours make it easy, especially if you’re buying assisted living facilities out of state. Let’s talk about how these tours work and why they’...
Finding the right administrator for your assisted living facility can make all the difference between good care and exceptional care. This person is the backbone of your facility, overseeing day-to-day operations, ensuring compliance with state regulations, and providing the high-quality service you...
Have you thought about buying an assisted living business? BizBuySell is an online marketplace that makes it easier to find and buy businesses, including assisted living facilities. Whether you’re new to the game or an experienced investor, this guide will walk you through using BizBuySell to find a...