Thinking about building a residential assisted living facility? You're in the right place. Entering this field is rewarding but comes with unique challenges. Whether you're driven by a desire to provide great care to the elderly or to join a growing industry, this blog will be a helpful resource....
Navigating the real estate market when investing in an assisted living facility is no small task. One of the most important decisions you'll face in this process is choosing the right professional to guide you. Should you work with a real estate agent or a broker? While these terms are often used...
When starting to purchase an assisted living facility, it is vital to understand how real estate agents and commercial brokers are paid. This knowledge is important because it allows you to understand the value and cost-effectiveness of working with these individuals. Real estate agents and...
Starting an assisted living facility is challenging and rewarding, requiring careful planning and skilled supervision. From negotiating legal regulations to building a sound business plan, there are numerous essential decisions to make that will have a substantial impact on your success....
Starting an assisted living business requires more than just a desire to serve others—it necessitates a thorough understanding of the financial complexities that drive success. Underwriting stands out as an important factor in ensuring that your enterprise is not only interesting to...
Running a residential assisted living facility requires numerous considerations, including the reimbursement model. As a facility owner or manager, it is important to understand how different caregiving arrangements affect your finances. One common topic is whether having a live-in caregiver...
This blog will unravel the complexity of the assisted living industry, providing clear and concise information for both newbies and seasoned experts. Today, we'll look at a topic that many people find difficult to understand: the difference between a care home and a residential assisted living...
Starting a residential assisted living business is an exciting experience, but one of the most important decisions you'll have to make is selecting the correct partner. Partnerships can provide numerous benefits, ranging from shared responsibility to increased financing prospects. The right...
Welcome to today's blog, where we'll discuss an important topic for everyone working in the assisted living industry: the actual minimum wage for caregivers. Hiring the right employees is one of the most important steps in running a successful assisted living home, and understanding compensation...
