Episode 26 | Using a Placement Agency to Fill a Residential Assisted Living Facility
In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson discusses whether you should use a placement agency for your assisted living facility. He explains what placement agencies do and how they operate and draws parallels with the real estate industry. Brandon outlines the pros (such as getting more leads quickly and increased advertising) and cons (like high costs and the need for extensive follow-up) of using these agencies. He advises small facility owners to consider partnering with local placement agencies for better community engagement. Resources like the free underwriting calculator and business planning guide on the website are highlighted, along with additional support options, including the mastermind program.
00:00 Welcome to the Assisted Living Investing Podcast
00:28 Introduction to Placement Agencies
00:40 How Placement Agencies Work
05:41 Pros of Using Placement Agencies
06:56 Cons of Using Placement Agencies
09:28 Advice for Small Assisted Living Homes
11:00 Conclusion and Resources
Resources Mentioned:
Visit our website, AssistedLivingInvesting.net, for additional resources, including our year-long mastermind program and free underwriting calculator.
Get your free business plan checklist today: https://urlgeni.us/alibpc
Learn about the Assisted Living Investing Mastermind: assistedlivinginvesting.net/mastermind
Apply for the Mastermind today: alimastermind.com/application
Learn the five steps to help you start an assisted living business: https://youtube.com/live/dRVCa80SOyM
Get the 12 Week Year Book: https://amzn.to/4bAOpQf
Who Not How by Benjamin Hardy : https://bit.ly/whonothowbooklink
Courses:
- Do you need guidance on your journey to launching your assisted living business: https://urlgeni.us/aliala
- Do you need help building your business plan: https://urlgeni.us/alibpg
FREE Resources:
- Business Plan Checklist: https://urlgeni.us/alibpc
- Calculator: https://urlgeni.us/alicalc
- Lease Agreement Template: https://urlgeni.us/alila
- ProfitPath Analysis Tool: https://urlgeni.us/aliprofitpath
- Grant Writing Template: https://urlgeni.us/aligrant
Need help with your payroll? Get Gusto: https://gusto.com/i/brandon9590
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