Episode 59 | Building Policies and Procedures for Your Assisted Living Business

In this episode, we will guide beginners through the process of developing policies and procedures for their assisted living business. We will emphasize the importance of these protocols for compliance and smooth operation. We will cover the necessity of aligning with specific state statutes, the contents of essential policies like resident intake forms and staffing guidelines, and the benefits and drawbacks of creating your own policies versus hiring a professional service. 

00:00 Introduction to Assisted Living Business

00:41 Understanding Policies and Procedures

02:07 State Regulations and Compliance

04:57 Building Internal Policies

09:52 Approval Process and Final Tips

12:45 Recap and Final Thoughts

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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