
Are You Really Ready for Your Next AFH Project?
Event Information
Presented by Michael Garrett, Development Lead, Arete Architecture
Description:
This training is designed to help Adult Family Home providers make strategic, financially sound decisions before expanding or launching a new project. Rather than starting with a property listing, participants will learn how to first clarify their care model, business model, and financial readiness before deciding whether to move forward. The session will guide providers through defining their target resident population and payer mix, evaluating 12 to 24 month census ramp-up and cash flow projections, and assessing staffing and operational capacity. Participants will review common growth pathways, including converting a home they already own, purchasing a single-family residence to convert, acquiring an existing AFH through Change of Ownership, and considerations for ground-up development. A practical readiness scorecard and red flag checklist will help attendees identify risk factors, evaluate financial reserves, and determine whether to proceed, pause, or walk away from a potential opportunity.