SILosophy Episode 17 - Understanding SIL Profitability I Resolv
Description
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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