(Please subscribe to my Chanel for more information) With baby-boomers outnumbering young adults, there is a critical shortage of assisted living facilities in the United States. Whether you are a seasoned investor with 100 properties or a new entrepreneur – starting an assisted living facility is one of the best business decisions that can be made. In 2007, during the height of the recession, having no prior experience I kick-started my first assisted living facility. Now, after owning and operating 5 facilities, I am confident in my ability to help others start their own journey of creating assisted living facilities. I have consulted on and helped build more than 10 facilities. These opportunities have proven that even if you have no prior experience and limited funding, I can help you do it too! Everyday, I receive questions from people who are interested in starting an assisted living facility of their own. Often, I end up spending almost an hour discussing ideas with them and I wonder how much information was retained during the session. After many follow-up phone calls regarding the same questions, I realized something had to be done. I wanted to make my valuable knowledge more accessible to my customers.
I made the decision to record everything I know, providing a step-by-step breakdown of the process of starting an assisted living facility. I created a tutorial with detailed instructions and visuals for clarity. Going through the process of starting an assisted living facility, different questions and concerns will arise with every step. This is the reason that I decided to create a reference for people to help them open their own assisted living facility. With the right tutorial on how to start, I know that people will be well informed and able to easily get through the process of starting their own assisted living facility.
I took the time to create an affordable tutorial on how to start an assisted living facility. Whether it is a 2 bed facility or a 50 bed facility – this tutorial provides everything to expect during the assisted living facility licensing process.
This tutorial covers: What you should expect to collect in rent per assisted living client Starting an LLC for your assisted living facility Obtaining the necessary certificates to operate and own an assisted living facility Making your facility acquisition budget How to find the perfect location for your assisted living facility Leasing the location for your assisted living facility Buying the location for your assisted living facility Assisted living facility amenities Zoning your assisted living facility Setting up floor plans for your assisted living facility Review of the 4 week menu plan advertising your assisted living facility Review of a monthly budget for an assisted living facility Activities for your assisted living facility Assisted Living Emergency Disaster plan Assisted Living Business Plan Review and assistance of the licensure application Review of the Uniform Disclosure Statement Assistance with location layout and site survey. This will assure your assisted living facility is ready for clients and state surveyors. I am working for the purpose of helping educate people on starting, owning, and maintaining assisted living facilities. I hope you will extend the financial support to support this channel and keep it producing valuable content; any donation is welcome.