In order to maximize their profits, small businesses need to keep their overhead costs low. However, for funeral homes, these operating expenses quickly add up. You’re constantly buying chemicals for embalming and paying high energy bills due to cremations. Eventually, all these costs can become too much and diminish your profits.
That’s why we’re sharing some simple ways your funeral home can cut overhead costs below.
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Lower Energy Costs
Using energy-efficient light bulbs and light timers are great ways to use less energy, thus lowering your electric bill. It’s also important to make sure your funeral home is properly insulated so you’re not releasing A/C in the summer or heat in the winter. Weather-stripping and caulking the cracks in your windows and doors will keep the air in.
Another way to lower energy costs is to replace your air filter. If your air filter is too full of dust and debris, it can make your HVAC go haywire, which will make it less energy efficient.
Saving Time = Saving Money
Tasks like data entry can take a long time if you’re not using the right software. And, we know how valuable time is for funeral directors. With more time, you can provide more quality care for families, thus increasing your profits.
That’s why at Frazer Consultants, we’ve integrated with many other funeral software companies to streamline our processes. For example, now when our funeral home clients enter obituary data into their records, this data will auto-populate onto your funeral home website.
Buy Used Hearses
Buying a used vehicle is tricky because you don’t want to constantly be paying for repairs. However, buying a new vehicle isn’t the best idea either because once you drive a new car off the lot, its value significantly depreciates. That’s why when you’re shopping for a hearse or other company vehicles, you need to do ample research and run a vehicle history report. Your best bet is buying a used car that doesn’t have too many miles and hasn’t been in any major accidents.
Hire an Intern
Before hiring someone on fulltime for tasks such as social media or marketing, consider hiring an intern. Intern wages tend to be lower since they are still learning, and you can just have them work part-time hours. With an intern, you’ll finally have someone who can take care of the miscellaneous tasks you struggled to find time for.