Owning an assisted living facility can be an exceptional choice for several reasons. Firstly, the demand for eldercare services is steadily increasing due to the aging population. This means the industry has a reliable customer base and potential for growth.
This invaluable session provides the concrete steps that will get your new business off to a strong start. You'll learn the ins and outs of startup execution, management, legal issues, and practical processes throughout the launch and growth phases and how to avoid the critical missteps that threaten the foundation of your business.
Our 120-minute Business Development Work Session provides you with the expertise and guidance you need to develop your Assisted Living business. We will explore your business foundation, personal values, skills, and experience to ensure your business is aligned with your and your family's lifestyle. We aim to give you the insights to create the company of your dreams.
The perfect opportunity to develop a well-rounded success plan for your Assisted Living business, including:
Company Foundation
Business Profitability Factors
Mission
Vision
Core Values
Organization Chart
Business Plan
Entity Creation
Federal EIN Registration
DUNS Number Registration
Business Insurance
Business Banking
Operations
Electronic and Paper Resident and Health Records Systems
Policies and Procedures Manual
Resident Care and Retention
Personal Care
Health Care and Social Services
Nutrition
Activities
Housekeeping
Maintenance
Operations Planning
Admissions Process
Quality Assurance Process
Human Resources
Departments
Job Descriptions
Recruitment
Onboarding
Training
Incentive Programs
Management
Sales
Pricing Structure
Sales Forecasting
Inquiry Call Coaching
Sales Presentation
Facility Tour
Sales Strategy
Reaching your Target Audience
- Resident Recruitment and Recruitment
Marketing
Market Research
Logo Creation
Branding Strategy
Web and Social Media Presence
Customer Relationship Management
Marketing Plan
Client Profile: Who’s your customer?
Competitors Analysis Value
Metrics and Analytics
Finance
Accounting
Invoicing
Payments and Banking
Payroll
Budgeting
Financial Statements
Profit and Losses
Business Credit
Financial Status
Electronic Billing Systems
Compliance
Quality Assurance & Improvement
Survey Visits
Statement of Deficiencies
Plan of Correction
ALB registration
Regulatory Agencies
State provider - Medicaid waiver
Policies and Procedures
Risk Management
Process
Current risks
Life is allowed to be easy, and an assisted living business can let it be easy without you literally putting blood, sweat, and tears into it.
You have to plan.
Schedule your first session today.