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.
info_outlineAssisted Living Network's Podcast
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_outlineHospice 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. When somebody is on hospice, the services are provided to them at no cost to them. That company that is providing them the hospice provider, they'll bill insurance and the government to get reimbursed.
We're all getting closer to the end of life every day. But somebody who is really truly closer to end of life now could be on hospice for years. Hospice provides all of the care, equipment, supplies, care, nursing visits and so on. They may need 24 hour care, maybe even a few visits a day or per week. Some people come in on hospice and they're with us for months and years.
Assisted Living works hand in hand with hospice providers. They give us referrals and we give them referrals. One of the things I truly appreciate about hospice is their heart's in the right place. They really want that resident, who needs to help, to get the care that they need.
Hospice is a wonderful service that we do fully utilize in Residential Assisted Living. Someday you or your family member may need exactly that. Don't hesitate to call them.