Hello BP readers, I was hoping to network regarding residential care owners here. I have been running mine for over a year now, and just got another one. I am wanting to expand into a different residential care program other than the elderly. Anyone with ideas or experience?
@Faiz Khan - Hi Faiz - how many beds do you have and how many per facility? -- We have a 36 bed (licensed for 41 though) - bought an existing business and have been operating it since oct 1 2017. Been a good ride - learned a LOT.
What other programs do you have in mind besides Frail Elderly?
@Shane H. Hi Shane, we have 2 facilities with 6 beds each, and just bought a new home and would be applying for 8 beds in this one. I was thinking of providing services to the developmentally disabled in the new home, but still going back and forth with the plan. I'd be open to suggestions if you have any. I am excited for your venture, may be in the near future we'll be able to acquire a bigger facility.
A lot of people do special needs housing or sober living, have you considered those?
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