Top-earning owners are said to make over $92,000, according to Career Trend. To start your own funeral home, you'll need between $150,000 and $300,000 to open a small-scale and intimate mortuary, according to Small Business Chron.11 Mar 2020
Are funeral homes a good investment?
Death care services aren't going away anytime soon, so this sector is worth considering as an investment. However, it's also a rapidly changing industry. Buying your own funeral home right now would be a risky investment and the casket industry is in decline.4 Oct 2021
Is a funeral home a good business?
Funeral homes are profitable, but they're struggling to stay that way. The growth of cremation as a cheaper alternative to burial has hit many funeral homes with a loss of revenue. Having a crematorium as part of your funeral home business is one way to stay afloat.1 Apr 2020
What skills do you need to work in a funeral home?
- sensitivity and understanding.
- to be thorough and pay attention to detail.
- patience and the ability to remain calm in stressful situations.
- customer service skills.
- the ability to work well with others.
- the ability to accept criticism and work well under pressure.
- business management skills.