There is one thing that is common among most business owners - they dream about how big their business may grow. Not everyone. Some are perfectly happy reaching a modest goal and maintaining that …
Planning Your Exit: The Checklist
I gave a talk recently at a conference of assisted living providers. The purpose of my talk was to help those business owners have a plan to prepare for selling or exiting …
Selling Your Adult Family Home
What is an adult family home in Wisconsin? According to the website of the Wisconsin Department of Health Services, an Adult Family Home is a place where adults who are not related …
Income Tax Exemption For Adult Family Homes
One of the benefits of owning an adult family home is the exclusion of certain income received by the owner. You should check with your CPA or tax preparer for more information and to …
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Papering Over Problems With Payroll
I've been involved with real estate for a long time. It's hard to believe it's been more than 30 years now. Having bought, sold and helped dozens of clients do the same, I have also seen …
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Audited Financials For Your Assisted Living Facility
Financial statements are the report card on the financial performance of your assisted living facility. Larger facilities and bigger operators are often required to have audited financial …
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