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 …
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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Selling Your Assisted Living Facility? Expect Some Visitors
When you're selling your assisted living facility, there are many steps in the process. Once you have reached an agreement with a buyer, there is a long list of others who may need to visit your …
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9 Questions to Ask a Real Estate Broker
I received a call from a potential client last week. She was interested in learning more about working with Senior Care Realty to help confidentially sell her assisted living facility. During the …
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Build an Assisted Living Business, Not Just a Facility
I spoke at a conference recently on the topic of starting an assisted living facility. Some of the questions from the audience indicated that there were some who, in my humble opinion, were not asking …
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Using Quickbooks Online for Your Assisted Living Facility
I started doing the accounting for an assisted living facility owned by my parents back in 1988. Times have certainly changed. Over the years, I’ve only used two accounting programs: Peachtree and …
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