Taking care of your parents and relatives in their twilight years isn’t always the easiest task. They often require professional help and care, which can be difficult for family members who live busy lives. Seniors often require help with basic everyday tasks and this need for professional care had been overseen by large hospital-like institutions for decades. But as more seniors became unsatisfied with these sterile environments, it brought about the creation of residential assisted living homes and the comfort they provide. So what is the best option for your loved ones?
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We all know that reputation and word of mouth is one of the best sources for marketing, especially when it comes to residential assisted living homes. But what if that isn’t enough? What if you are just starting out or have limited experience with marketing in this ever-advancing age of technology? Here are a few options to consider for your RAL business.
There is nothing like having a skilled and cohesive team that runs like a well-oiled machine. Unfortunately, not all hires are ideal for the positions we place them in, and not all positions are surrounded by the support structures needed to help them shine. Perfect synergy is rare in the business world, but there are things we can do to help select the right people and equip them with the tools they need to succeed.
The assisted living market is growing at an unprecedented rate. As demographics show baby boomers moving into their senior years, this trend will only continue to increase. Fortunately, there are more options for seniors than ever before. Residential assisted living is leading the way with residents and investors alike.
People are looking for opportunity and security in these unpredictable times of financial and political volatility. One recession proof is assisted living. Whether the market goes up or down, people are still aging, and seniors need places to live with people to care for them.
It’s no secret that what we eat and how frequently we exercise have a direct impact on our health and future longevity. Research suggests that the link between sugar and cognitive diseases like Alzheimer’s is strong. Although there are numerous factors that influence this disease, food is one of the biggest factors that we can control.
Activities of Daily Living (ADL) and Instrumental Activities of Daily Living (IADL) are helpful classifications for caregivers and physicians to evaluate the independence and autonomy of seniors. We all want to live independently. This remains true in assisted living communities. Understanding seniors and their abilities can help caregivers provide the right environment for them to thrive.
Opening an assisted living home and/or being a caregiver for seniors is not always easy and it comes with many challenges. Whether you have been in this business for a long time or are brand-new, the cost of caring for others is real and it comes in many forms. Knowing how to recognize and address these issues is key to help prepare you for success.
RAL homeowners understand their significance in the rapidly growing assisted living market. The concept works well. It’s all about understanding the need and finding a way to meet it. Smaller RAL homes are better capable to assist the needs of seniors than big-box facilities.
The Senior Housing Forum wrote an article titled “Is This a Market Disruptor? Or a Market Extender?” by Susan Saldibar. The article featured Gene Guarino’s RAL Academy training program. This follow-up summarizes a complete review of Saldibar’s article. The entire assisted living market is tuned into what the RAL Academy is doing. This proven investment model offers something unique and beneficial for anyone getting into the assisted living industry.
A proven formula to provide your family with significant ongoing monthly cash flow and protect them from market fluctuations.