In this episode, the focus is on determining the ideal salary for an assisted living administrator. Brandon emphasizes the significance of understanding salary ranges, which can vary widely based on facility size, geographical location, and operational complexity. He draws on his experience running multiple facilities and notes that while larger, institutional facilities may pay salaries upwards of $150,000, smaller, residential facilities often range between $50,000 and $80,000.

00:00:16 – Episode Focus: Administrator Salary

00:00:53 – Free Business Plan Checklist Offer

00:01:14 – Host Background & Experience

00:02:03 – Importance of Administrator Salary 

00:02:33 – Salary Range Overview 

00:04:12 – Geographic Salary Differences

00:05:15 – Why Salary Discrepancies Exist

00:06:24 – Challenges with Big Facilities vs. Smaller Ones

00:08:34 – Hiring Staff: Challenges and Strategies

00:10:17 – Utilizing Company Career Pages and Ads

00:11:36 – Networking for Recruitment

00:13:16 – Administrator Hiring Tips & Tools

00:13:37 – Application Essentials

00:15:33 – Interview Questions to Assess Candidates

00:18:10 – Personal Hiring Process Insight

00:18:52 – ALI Basics Community Invitation

00:20:22 – Legal Considerations & Attorney Recommendations

00:22:36 – Maintaining Proper Business Structure

00:24:19 – Final Reminders & Wrap Up

00:24:56 – Closing Remarks & Call to Action

Resources Mentioned:

Visit our website, AssistedLivingInvesting.net, for additional resources, including our year-long mastermind program and free underwriting calculator.

Get your free business plan checklist today: https://urlgeni.us/alibpc

Learn about the Assisted Living Basics: https://www.assistedlivinginvesting.net/basics

Learn about the Assisted Living Investing Mastermind: assistedlivinginvesting.net/mastermind

Apply for the Mastermind today: alimastermind.com/application

Join the Business Foundation Basics Workshop: Assisted Living Business Foundation Basics

Learn the five steps to help you start an assisted living business: https://youtube.com/live/dRVCa80SOyM

Get the 12 Week Year Book: https://amzn.to/4bAOpQf

Marketing Made Simple by Donald Miller: https://amzn.to/3ECoNY5

Who Not How by Benjamin Hardy : https://bit.ly/whonothowbooklink

Courses:
- Do you need guidance on your journey to launching your assisted living business: https://urlgeni.us/aliala
- Do you need help building your business plan: https://urlgeni.us/alibpg

FREE Resources:
- Business Plan Checklist: https://urlgeni.us/alibpc
- Calculator: https://urlgeni.us/alicalc
- Lease Agreement Template: https://urlgeni.us/alila
- ProfitPath Analysis Tool: https://urlgeni.us/aliprofitpath
- Grant Writing Template: https://urlgeni.us/aligrant
Need help with your payroll? Get Gusto: https://gusto.com/i/brandon9590

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