Episode 32 | The Beginners Basics for Starting an Assisted Living Business
In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson walks beginners through the foundational steps needed to launch an assisted living business within the next year. Brandon emphasizes the significance of having a clear vision, crafting a detailed business plan, performing thorough underwriting and financial modeling, conducting extensive market research, and setting up the correct legal entities with the help of an attorney. He also introduces various free resources available on their website, including an underwriting calculator, business plan checklist, and market research guide.
00:00 Introduction to the Podcast
00:34 Building a Strong Foundation
02:28 Crafting Your Business Plan
03:49 Mastering Financial Underwriting
04:51 Conducting Market Research
05:58 Setting Up Your Business Entity
06:50 Engage and Interact
08:44 Conclusion and Next Steps
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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