The SILosophy’s Podcast

SILosophy Episode 17 - Understanding SIL Profitability I Resolv


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In this episode of SILosophy, Tania Gomez is joined by Josh Pix from Resolv to break down SIL profitability—why many SIL providers aren’t making money despite large plan values and what they can do to fix it.

 

Episode Highlights:

00:00 – Welcome back to SILosophy with guest Josh Pix from Resolv

02:20 – Why SIL profitability is much lower than people expect

04:10 – The 3 biggest drivers of SIL profitability

06:00 – Rostering & claiming mistakes – The #1 profit killer in SIL

09:20 – Rent, utilities, groceries & activities – How to manage the subsidy gap

12:00 – Why understanding your vacancy rate is critical

15:30 – The $11,000 per week rule – How much funding is needed to sustain a SIL house

18:40 – What financial reports should every SIL provider have?

22:00 – Why profitability isn’t a bad word – How it leads to better outcomes for participants

23:40 – How Resolv helps SIL providers improve financial performance & sustainability

 

Follow Tania Gomez Consulting on

Facebook: https://www.facebook.com/taniagomezconsulting/

Instagram: https://www.instagram.com/taniagomezconsulting/

LinkedIn: https://au.linkedin.com/company/tania-gomez-consulting

 

Or you can also visit our website: http://www.taniagomez.com.au/

 

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The SILosophy’s PodcastBy SILosophy