Establishing a Funeral Home Flashcards
1
Q
- Cultural opportunities for your family
- Religious, radical-ethnic, cultural makeup of the area.
- Economic and occupational and social class of the community.
- Death rate, numbers in population, median age density, potential for growth/decline
- General business cycle- credit rating/prosperity vs. debt
- Predominant attitude of the population toward funeral service. (Traditional or cremation)
- Competition (how many in the area)
- Environmental factors
A
Factors Taken into Consideration when Establishing a Funeral Home
2
Q
- How much have they invested in terms of time and dollars in the community?
- What is the quality of service they are providing?
- Can this area support another funeral home- will local zoning allow it?
- How many adult formula services do existing firms do in a year? Is there growth potential?
- How stable and secure is the competition? Can they be had? Are they limited in the community or are they too solidly entrenched in the community?
A
Competition
3
Q
- Climate conditions- flooding, streams, mudslides, etc.
- Access to public transportation
- Distance from hospitals, churches, cemetery
- Will there by zoning issues?
- Type and size of town
- On main road or at least heavily traveled road?
- Lot should have enough space for building, parking and expansion.
A
Environmental Factors
4
Q
- Has your competitor over built or under built?
- Will your building be too large or too small 10 years down the road?
- Will the location be temporary or permanent? will or will it not survive 35 working years?
- What potential will it have to be sold later as a structure other than a funeral home?
- Overhead expense now, 10 years from now, 2 years from now to reach break even point.
- Furniture and fixtures- commercial if possible.
A
Guidelines for Building
5
Q
- Design and construction
- Modular funeral home
- Floor plan obstacle free
- Number and size of rooms- equal size
- Interior and exterior decorating
- Color and lighting
- Sound system
- Furniture and fixtures
- Potential utility cost
A
What is Contained in the Building Guideline Check-off Sheet?
6
Q
- Real estate
- Building
- Equipment
- Furniture and fixtures
- Merchandise and supplies
- Source of finance
- Working capital
A
Areas of Investment Required for Establishing a Funeral Home
7
Q
- Barometers
- median scale
- overhead
- profit
- Break even point- overhead cannot exceed gross income
- Financial controls- strict budgeting
- Profit
A
Indicators for Efficient Future Operation (ASAP or After 1st Year)
8
Q
- Lobby
- Chapel or service area
- Family room
- Music room
- Reposing room
- Preparation room
- Business or working room
- Arrangement office
- Casket selection room
- Rest rooms
- Garage
- Storage room
- Large hallways and door frames
- Flower delivery room
- Clergy/lodge assembly room
- Dressing and casketing area
- public lounge
- employee lounge
- private office space for owner and directors
A
Rooms and Areas to be Included
9
Q
- Casket coach
- family car
- lead car
- utility vehicle
A
Garage Equipment
10
Q
- Grave digger equipment
- Tent
- Greens
- Lowering device
- Chairs
- Block and tackle- tripod
- Flat boards and 4X4’s
- Transportation vehicle
A
Some Rural Funeral Homes are Required to Have Cemetery Equipment