Business plan small assisted living facility

Independent living facilities are provided for disabled or elderly people who are able to care for themselves with extra help. Services that are provided by independent living facilities include transportation and administering medications. Determine the best structure for your new business. Assisted living facilities tend to choose the LLC structure. This type of structure protects you from being personally responsible for accidents, such as slips and falls. Each location should have its own LLC set up.
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Why Now is the Time to Get SBA Funding for an Assisted Living Facility

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Peoria nurse opens small assisted living facility

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Assisted Living - Residential Unit Plan

Seniors are one of the fastest growing population groups in Canada and the demand for senior care services is rising. When you start a business there are several things to consider before you can sell your product or service. Most businesses in Ontario need to complete a minimum of three basic steps:. Our Starting a Business guide will give you more information on these steps and other basic requirements for starting a business in Ontario.
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The market of long-term care facilities is changing to include more alternatives to the traditional, large institutional setting that many of us picture. Some providers are taking a different approach to the environment of long-term care using the "small home" model. Instead of multi-story buildings filled with long, bleak corridors—facilities that resemble hospitals at worst and corporate hotel chains at best—these alternative facilities strive to create a homelike environment. No more than a dozen residents live in smaller structures or real houses and have private rooms and en suite bathrooms.
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