Planning Your Exit: The Checklist

    I gave a talk recently at a conference of assisted living providers.  The purpose of my talk was to help those business owners have a plan to prepare for selling or exiting their business one day.  Many were perfectly happy running their business, and they had no intention of selling – for now. […]

Audited Financials For Your Assisted Living Facility

  Financial statements are the report card on the financial performance of your assisted living facility. Larger facilities and bigger operators are often required to have audited financial statements to satisfy lenders, investors and funding sources. But what about smaller providers? Are audited financial statements necessary? Audited financials statements aren’t necessary, unless you have a […]