Episode 57 | How to Get Your Facility License

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson provides a comprehensive guide on how to obtain a license for your assisted living facility. He discusses the various state departments you may need to contact, the different methods of communication for reaching them, and the essential questions to ask. Brandon also explains the types of licenses available, including care homes, residential assisted living facilities, and memory care licenses, as well as licensed versus unlicensed facilities. Additionally, he covers the process for completing the application and the steps for a change of ownership if buying an existing facility.

00:00 Introduction to Assisted Living Investing
00:18 Understanding Facility Licensing
00:44 Contacting the Right State Departments
02:07 Effective Communication Strategies
03:36 Key Questions to Ask
07:18 Types of Licenses and Facilities
09:47 Unlicensed Facilities: What You Need to Know
10:58 Completing the Application Process
14:03 Change of Ownership Process
15:41 Conclusion and Recap

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

Join the Bussiness Foundation Basics Workshop: Assisted Living Business Foundation Basics

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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