SeniorCareMike
Helping You Start, Scale, and Someday Sell Your Assisted Living Business
Tracking your resident census is an essential activity that will give you ongoing insight into the condition of your business and also help you prepare for your future. Small business owners and …
Continue Reading about Resident Census – An Essential Tool →
One of my readers recently asked this question (thanks Richard). When we're thinking about buying an existing assisted living facility, what documents and what information do you need to help find …
Continue Reading about What Information Helps You Find the Value of Assisted Living Facilities? →
I've received this same question in many forms over the years. But here is what a reader, a nurse in Florida, recently sent me: Is there profitability in small residential ALFs? As I've said …
Continue Reading about Are Assisted Living Homes Profitable? →
Please see the Special Note below. One of the bigger checks that assisted living owners write each month is for their mortgage payment. But with all that an owner already has on their plate, this …
Continue Reading about Is It Time to Refinance Your Assisted Living Facility? →
It's that time of year for me. Time to renew our insurance policies for our assisted living facilities. And, after a reader asked me a question about insurance for their assisted living facility, …
Continue Reading about Insurance Essentials for Assisted Living →
I received a really good question recently about what makes a good location for your assisted living facility. We have all heard that the three most important things in real estate are location, …
Continue Reading about Pick A Good Location for Your Assisted Living Facility →
