Episode 58 | Is 2025 the Year You FINALLY Launch Your Assisted Living Business
In this episode of the Assisted Living Investing Podcast, Brandon shares practical steps for launching an assisted living business in 2025. Brandon offers insights from his experience operating two out-of-state assisted living facilities. He outlines key strategies such as setting specific goals, conducting market research, understanding financials, and making detailed business plans. He also discusses common challenges in the industry, from staffing and regulations to zoning and cost management, while providing resources like his business plan checklist and market research guide to support aspiring entrepreneurs.
00:00 Welcome to the Assisted Living Investing Podcast
00:16 Getting a Head Start for 2025
00:57 Meet Your Host: Brandon Gustafson
02:20 Setting Specific Goals for Your Assisted Living Business
04:43 Conducting Market Research
07:04 Understanding the Numbers
09:47 Creating a Business Plan
14:02 The Importance of Zoning
15:47 Understanding Zoning for Assisted Living
16:58 Research and Planning for Property Suitability
19:03 Timelines for Starting an Assisted Living Facility
21:30 Mentorship and Mastermind Programs
23:32 Challenges in the Assisted Living Space
29:28 Cost-Cutting Strategies for Assisted Living Facilities
33:17 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
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
Follow Us:
Subscribe to the podcast for more episodes.
Leave a review to help us continue bringing you valuable content.
Engage with us on our various platforms for further learning and support.
Facebook | LinkedIn | X | Instagram
