Assisted Living Facility Business Plan Template [Updated 2024]

If you want to start an assisted living facility or expand your thriving assisted living business, you need a business plan.

The following assisted living business plan example gives you the key elements to include in a winning business plan for an assisted living facility. A business plan for a residential assisted living facility is a plan that you can use to start and/or grow your business.

Sample Business Plan For Assisted Living

Below are links to each section of an assisted living business plan template:

  1. Executive Summary – The executive summary provides an overview of your business opportunity and summarizes the business plan.
  2. Company Overview – The company overview includes information about your business concept, senior care and assisted living services and legal structure.
  3. Industry Analysis – The industry analysis includes market research that supports your business and provides insights into market trends and the assisted living industry.
  4. Customer Analysis – The customer analysis provides an overview of your target market including demographics and identifying their needs when transitioning into an assisted living facility.

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Dave Lavinsky is the co-founder of BusinessPlanTemplate.com and is an internationally renowned expert in the fields of business planning, capital raising, and new venture development. Over the past two decades, Dave has guest lectured at top universities, written over 200 business plans, and has written hundreds of articles on entrepreneurship, business planning and capital-raising. He is also the author of Start At The End: How Companies Can Grow Bigger and Faster By Reversing Their Business Plan, published by Wiley in November 2012. He has helped over 1 million entrepreneurs launch businesses over the past 25 years. Dave has an MBA from the Anderson School of Management at UCLA and earned his Bachelor’s degree from the University of Virginia.