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

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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

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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

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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

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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?

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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

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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)

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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

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9
Q
  • Casket coach
  • family car
  • lead car
  • utility vehicle
A

Garage Equipment

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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

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