Greenwood Place Assisted Living Sold in Dothan Alabama South Alabama
Greenwood Place Assisted Living for Sale in South Alabama Dothan Sold on June 7, 2024. The property is located in Dothan Alabama and is 6,641 square feet. The property was built in 1997 on an 1.66 acre lot. Dothan, Alabama is considered the Peanut Capital of the World. Property information Sale Information Property Name: Greenwood […]
Kauhale Pettigru Assisted Living Sold in Greenville Pettigru South Carolina
Kauhale Pettigru Assisted Living for Sale in South Carolina Southeast Area Sold on June 18, 2024. The property is located in Greenville South Carolina and is 66,675 square feet. The property was built in 2000 on an 3.36 acre lot. Greenville South Carolina is home to the Greenville County Museum of Art and Multi-use trails […]
Greenbrier of Fairmont Assisted Living Sold in North Carolina Southeast Area North Carolina
Greenbrier of Fairmont Assisted Living for Sale in North Carolina Southeast Area North Carolina Sold on June 28, 2024. The property is located in Fairmont North Carolina and is 31,176 square feet. The property was built in 1995 on a nearly eight acres lot. Property information Sale Information Property Name: Greenbrier of Fairmont Sale Date: […]
Sunrise at East Cobb Assisted Living Sold in Atlanta East Cobb Georgia
Sunrise at East Cobb Assisted Living for Sale in North Atlanta, Georgia Sold on May 22, 2024. The property is located in Marietta, Georgia and is 50,537 square feet. The property was built in 1997 on an 3.73 acre lot. Marietta, Georgia is home to the Greek and Art in the Park Festival. Iconic Landmark […]
The Emotional Rewards of the Assisted Living Business
Despite the challenges and demands, the assisted living business can be incredibly rewarding. It offers the opportunity to make a meaningful difference in the lives of residents and their families. In this post, we’ll explore the the Emotional Rewards of the Assisted Living Business. Helping Those in Need:Owning an assisted living facility puts you in […]
Emotional Challenges in the Assisted Living Business: Preparing for the Ups and Downs
The assisted living business is not only demanding in terms of responsibilities but also emotionally challenging. Building close relationships with residents and their families comes with both rewards and heartaches. In this post, we’ll discuss the emotional aspects of running an assisted living facility and how to navigate them. Building Emotional Connections:As an owner, you […]
Should You Quit Your Day Job to Start an Assisted Living Business?
The allure of starting your own assisted living facility and being your own boss is strong, but should you quit your day job to start an assisted living? In this post, we’ll discuss why keeping your day job might be a wise decision as you build your assisted living business. The Reality of Building a […]
Why Considering Opportunity Cost is Essential in the Assisted Living Business
Many people enter the assisted living business convinced it’s the right path for them, often without considering the opportunity costs. It’s crucial to look beyond the excitement of a new venture and think critically about whether this business is the best fit. In this post, we’ll discuss why it’s essential to consider opportunity costs and […]
Why Capital Reserves Are Essential for Your Assisted Living Facility
Starting and operating a successful assisted living facility goes beyond the initial investment. One of the critical elements that can make or break your business is having adequate capital reserves. Capital Reserves for assisted living business are essential. These funds are essential for handling unexpected costs and ensuring the ongoing success of your facility. The […]
Finding Your Why: The Importance of Your Story in the Assisted Living Business
Every person entering the assisted living business has a reason for doing so. Understanding the importance of your story in assisted living and articulating your motivation is crucial not only for personal clarity but also for connecting with families and industry professionals. In this post, we’ll explore why knowing your “why” is essential and how […]