Funeral services business plan

Business plan

The funeral services business is quite profitable financially. For many, this topic is closed because of its mournful background, so the competition is somewhat lower than in other areas of business.

Moreover, funeral services are a promising business — after all, no one has yet invented a miraculous potion for death.

The essence of the business idea

The essence of the business idea of ​​funeral services, like any other, is to solve the problems of other people for money. Do you help friends and relatives overcome the pain of loss and organize a worthy funeral procession? So why not do it for money for others?
The range is for sale:

  • ritual paraphernalia,
  • embalming and dressing the body,
  • funeral arrangements,
  • funeral transport rental,
  • making monuments,
  • care of graves and so on.

The main advantages of the ritual business are the relevance and demand for services, stability and the amount of earnings. A properly organized business will undoubtedly have a large number of customers and receive a good income.

More details about the business idea of ​​funeral services can be found in the article: » Business of funeral services «.

What is the average cost of a funeral business plan?

The main operating expenses of a business include:

  1. Cost of goods sold — wreaths, other ritual paraphernalia;
  2. Technical expenses for the purchase and maintenance of vehicles or the rental of vehicles from other companies;
  3. Administrative expenses in the form of utility bills, rent of premises;
  4. Advertising expenses, which are indispensable in the face of fierce competition in large cities;
  5. Employee salaries;
  6. other expenses

The investment costs for the start of the project include:

  1. Room rental (first month of work) — $ 30,000;
  2. Business registration — $15,000;
  3. Acquisition of equipment, necessary equipment and inventory — $600,000;
  4. Salary to employees (at the start of the project) — from $ 16,000

Before implementing a project for the provision of funeral services, it is better to calculate its payback. In order to calculate the payback of your business idea, you can follow this link:

Funeral services business plan: project implementation risks

The specificity of this work provides for the presence of strong nerves and the absence of a depressive mood. Not everyone will be able to work in conditions of constant reminder of death. But this is not the main thing.

The main obstacle to the successful opening of the ritual business is fierce competition, especially in big cities. Before investing in a funeral services business plan, think about what you can offer your customers in a special way. Think about the uniqueness of your business idea.

As a result, a lot of competition entails considerable capital investments for promotion and the instability of newcomers to the service provision market. You should try hard enough to get a positive result from the idea.

Stages of implementation of the business plan of the funeral services agency

If you still decide to open your own business in the field of funeral services, you need to draw up a clear plan of action. In it, indicate the amount of investments, methods of implementation, estimated payback periods and the amount of profit.

This will be followed by paperwork, rental of suitable premises, recruitment, supply of related products, advertising promotion, and so on. It is important that the rented premises be spacious and divided at least into a reception and a showroom.

The staff must be tactful and professional, and the products sold (wreaths, crosses or coffins) can be started on site, for greater savings on investment.

The ritual business is a sensitive way of earning profit, but quite stable. With patience and perseverance, great results can be achieved. Keep up the good work and you will be rewarded for your hard work!

For sales of funeral services, see the video: