Episode 58 | Is 2025 the Year You FINALLY Launch Your Assisted Living Business

In this episode of the Assisted Living Investing Podcast, Brandon shares practical steps for launching an assisted living business in 2025. Brandon offers insights from his experience operating two out-of-state assisted living facilities. He outlines key strategies such as setting specific goals, conducting market research, understanding financials, and making detailed business plans. He also discusses common challenges in the industry, from staffing and regulations to zoning and cost management, while providing resources like his business plan checklist and market research guide to support aspiring entrepreneurs. 00:00 Welcome to the Assisted Living Investing Podcast00:16 Getting a Head Start for 202500:57 Meet Your Host: Brandon Gustafson02:20 Setting Specific Goals for Your Assisted Living Business04:43 Conducting Market Research07:04 Understanding the Numbers09:47 Creating a Business Plan14:02 The Importance of Zoning15:47 Understanding Zoning for Assisted Living16:58 Research and Planning for Property Suitability19:03 Timelines for Starting an Assisted Living Facility21:30 Mentorship and Mastermind Programs23:32 Challenges in the Assisted Living Space29:28 Cost-Cutting Strategies for Assisted Living Facilities33:17 Conclusion and Resources Resources Mentioned: Visit our website, AssistedLivingInvesting.net, for additional resources, including our year-long mastermind program and free underwriting calculator. Get your free business plan checklist today: https://urlgeni.us/alibpc Learn about the Assisted Living Investing Mastermind: assistedlivinginvesting.net/mastermind Apply for the Mastermind today: alimastermind.com/application Join the Bussiness Foundation Basics Workshop: Assisted Living Business Foundation Basics Learn the five steps to help you start an assisted living business: https://youtube.com/live/dRVCa80SOyM Get the 12 Week Year Book: https://amzn.to/4bAOpQf Who Not How by Benjamin Hardy : https://bit.ly/whonothowbooklink Courses:- Do you need guidance on your journey to launching your assisted living business: https://urlgeni.us/aliala- Do you need help building your business plan: https://urlgeni.us/alibpg FREE Resources:- Business Plan Checklist: https://urlgeni.us/alibpc- Calculator: https://urlgeni.us/alicalc- Lease Agreement Template: https://urlgeni.us/alila- ProfitPath Analysis Tool: https://urlgeni.us/aliprofitpath- Grant Writing Template: https://urlgeni.us/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram