Category: Assisted Living

Key Takeaways Profitability is influenced by location, operational costs, and the quality of care provided. The primary sources of revenue are resident monthly fees and charges for additional, personalized services. Key expenses include staffing, property maintenance, and supplies for resident programming and meals. A focus on compassionate support and a strong reputation are foundational to…

The economic landscape for assisted living communities in Florida presents a compelling opportunity for entrepreneurs. With an ongoing demand for senior care escalating due to a growing aging population, the ability to find success in this field is significant.  Starting an assisted living community requires meticulous planning, including:  Crafting a business plan Social, geographical, legal,…

Moving into a senior living community can be a big decision for family members of loved ones who still want to live independently or need additional care and support. It helps to have a knowledgeable guide by your side to help navigate the vast array of options before making an informed decision.  To help get…

The demand for assisted living facilities has been steadily rising as our population ages. Assisted living facilities provide a comfortable and supportive environment for older adults who require some assistance with daily activities but still wish to maintain their independence. Steps to open an assisted living facility include:  Developing a business planRegistering your businessOpening up…