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Category: Assisted Living

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Assisted Living Facility Business Plan: Everything to Consider

A woman searching through the sections of a well-organized business plan.

Opening an assisted living community can be an extremely rewarding endeavor. However, starting a business is rarely ever a simple process; certain and specific steps must be taken to facilitate a smooth process. Among the most important of these is creating a proper business plan. But what steps are involved in doing so? To create […]

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What Grants Are Available to Open an Assisted Living Facility?

side angle shot of a sitting man with an open laptop in front, filling out a grant application form on his desk using a pen.

Nobody has ever said opening an assisted living community is easy, but that doesn’t mean you have to do it all on your own. Whether you’re just starting in the senior living industry or looking to expand your company to include multiple locations, it’s important to know where you can find financial support when you […]

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How to Open an Assisted Living Facility?

A group of seniors enjoying a conversation in the shared dining space of an assisted living centre.

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 plan Registering your business […]

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Are Assisted Living Facilities a Good Investment?

A young healthcare worker pouring orange juice for a group of seniors sitting at a breakfast table.

As our population ages, long-term care becomes increasingly important. The demand for quality assisted living facilities is growing, which is good news for investors.  This escalating demand presents a potentially profitable opportunity for investors. As more and more families seek out quality care for their aging loved ones, investors in this sector stand to benefit. […]

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What Is the Difference between Senior Living & Assisted Living?

A group of active seniors smiling after a morning exercise outdoors

As people age, their housing needs may change. Senior living and assisted living are two options that may be available to older adults, but they are not the same thing.  Senior living refers to housing options designed specifically for older adults. Assisted living is a type of senior living that provides additional support and care […]

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Providing Support for Dementia Caregiver Staff

a group of seniors in a dementia caregiver

Dementia is a devastating and debilitating condition that affects millions of people all over the world. Caregivers are a crucial part of the ongoing care for dementia patients and are a key element of any memory care community.  Those who live in memory care communities often need round-the-clock support. The caregivers who work one-on-one with […]

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