Is It Time For Assisted Living? - Part 2 - What’s Best For Them And You?
Assisted Living Network's Podcast
Release Date: 11/13/2018
Assisted Living Network's Podcast
The number one reason to have a business plan is for you, so that you have clarity of vision of who you are, what you're doing and where you're going. The second reason for a business plan is to help raise capital. No private investor or a lender is going to give you the money you need without a business plan.
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You can turn your home into senior housing anywhere from independent living up to Assisted Living. Independent living is senior safe. I mean grab bars, smoke detectors, wider doors, trip hazards removed. That home itself maybe has four bedrooms.
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As our family ages they start to need more. Their independence is gone and they don’t want to admit that they may not be capable emotionally or physically.
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A long time ago Assisted Living meant a big institution. Today it is completely different. When you think about living at an Assisted Living home, it has all of the comforts of home and there's other people in that home.
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Offline Marketing is having brochure, flyers and business cards. The brochures should match your website and your online presence. You only get one chance to make a first impression.
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Hospice provides benefits for people at end of life care.The money that pays for it is provided through the government, which comes from our tax dollars.
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You probably haven’t even considered putting mom or dad into a home. You just got to a point where it was harder than you thought and you didn't have the time, the skills or maybe the heart.
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Learn from other people's success. Learn from other people's mistakes. Learn from other people's experience who's actually doing it, not just talking about it.
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20 years ago when we first heard about assisted living, we all heard about the silver tsunami that was coming.They were sharing it from the business perspective but there was nobody there to show how it's done.
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You're going to work at something, you're going to get good at something, the question is what. And what are you willing to do in order to get the return that you say that you want?
info_outlineYou're going to have the conversation with the parents about moving into assisted living and if you really focus on what's good for them it’s good for you. Many times older relatives will sell their house and move after all of the kids are out of the house. They want to move to a warmer environment and retire. Some do want to do it and plan for it. They may go visit for a few weeks during the winter. They can get comfortable with the fact that there's a place they can go. For them, this may be the right thing.
It may be time to hire somebody or move mom and dad into assisted living. That transition can be smoother if somebody comes in to help in the home, but that's more expensive. Or they move into a home with this small group of seniors.
The closer it is to you the more you can visit. Many times that relationship gets deeper and closer because they're making the time and the effort to go see them and spend time. Those caregivers are trained and it allows you to be the son, the daughter, the granddaughter, the grandson. It allows you to play the part that you were designed to play. Whether it's in your own home or in that facility it’s good for them and for you.