KEY POINTS
- Industry scale: According to the Australian Bureau of Statistics, there were 9,520 funeral, crematorium and cemetery services recorded in 2013.
- The capital Bilog allotted for his funeral home,'San Fernando Funeral Homes' (including land purchased 13 years prior) was estimated to be between $3 million and $4 million.
- The current capital required to establish a comparable, full-service funeral business is estimated to range from $10 million to $12 million, reflecting the substantial cost of acquiring prime commercial land and new facilities today, a figure significantly contrasting with Bilog's initial investment.
Importante na maging honest ka lalo na't nagdadalamhati ang lumalapit sa iyo. Kailangan i-assure mo ang mga kliyente mo na ang expectations nila ay ma-fu-fulfill mo o mas hihigitan mo.Leo Bilog, Funeral Home Director
Disclaimer: This podcast is for general information only. For specific financial advice, you should consider seeking independent business, legal, financial, taxation or other advice to check how the information here relates to your unique circumstances.
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