Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Pricing
Podcast Image

Assisted Living Network Podcast

The Importance of Having a Business Plan

24 Sep 2018

Description

There's two primary things or reasons why you have a business plan. One is for you, you need a roadmap, directions to get to where it is that you're going. It's a map showing you how to get to where you're going. If we have the map, you know how to get there faster, accomplish more, and go farther in the same amount of time. The second reason to have the business plan is for the banker, lender, investor, or partner, whether they're lending to you, investing in you, or working with you. They need to know what the goal or vision is and where it is you're headed so they can decide if they want to stay on your bus and come with you, or get off and go on somebody else's bus. Raising capital for assisted living is the easiest thing I've ever raised capital for, but you need to have a business plan in order to do that. Don't expect anybody to give, lend, or invest in you or be a part of what you're doing financially unless you have a written plan. But if you do and your clear, you surround yourself with the right people, and you've got a plan, you absolutely get it funded and be successful.🎓 Ready to turn your passion into profit? Join Isabelle Guarino’s private Skool community to learn how to launch, run, and grow your own residential assisted living business. Get access to exclusive trainings, expert Q&As, and a like-minded community all in one place. Start learning today! → https://www.skool.com/ralacademy/about Subscribe Wherever You Enjoy Your PodcastsApple Podcasts: https://impct.live/applepodcastSpotify Podcasts: https://impct.live/spotifypodcastMore Listening Options: https://impct.live/alnetworkpodcast

Audio
Featured in this Episode

No persons identified in this episode.

Transcription

This episode hasn't been transcribed yet

Help us prioritize this episode for transcription by upvoting it.

0 upvotes
🗳️ Sign in to Upvote

Popular episodes get transcribed faster

Comments

There are no comments yet.

Please log in to write the first comment.