Episode 35 | Expert with 10 Years Experience Shares Top Assisted Living Tips
In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson offers a detailed guide for beginners looking to launch their assisted living business within a year. Brandon shares his expertise, detailing the Assisted Living Launch Formula, which includes building a solid business plan, finding the right property, securing funding, understanding the necessary regulations, and successfully operating and scaling the business. He emphasizes the importance of a well-developed business plan, proper underwriting, market research, and networking. Additionally, Brandon provides insights about his experiences managing assisted living facilities and offers resources such as a free business plan checklist and grant writing template to support new entrepreneurs. The episode also features a Q&A segment where Brandon answers listener questions about funding, state regulations, and more.
00:00 Welcome to the Assisted Living Investing Podcast
00:32 Introduction to Assisted Living Launch Formula
01:27 Understanding the Importance of a Business Plan
03:09 Building a Solid Business Foundation
08:15 Finding the Right Property for Assisted Living
12:36 Navigating Funding Challenges
16:37 Understanding Rules and Regulations
20:28 Launching and Scaling Your Business
24:04 Resources and Next Steps
25:14 Mastermind Program and Accelerator Options
25:59 Promotions and Discounts
26:20 Q&A Session Begins
27:37 Funding and SBA Loans
28:52 Partnerships and Networking
31:29 State-Specific Regulations and Licensing
39:07 Market Research and Top States
44:41 Final Questions and Wrap-Up
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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