Service Fee Consultation

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Do you have the right service fee structure for you and your customers and do you know how can you communicate it properly?

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Services

Stage 1

Fact Finding

Stage 2

Scenario Calculations

Stage 3

Recommendations

Stage 1

Fact Finding

Review of Current Cost Structure 

  1. Fixed Operating Costs for year
  2. Variable Costs Per Funeral – Wages and Vehicle
  3. Average time spend arranging and managing a typical funeral
  4. Estimates of typical number of funerals managed per year;
    • Low
    • Medium
    • High
  5. Methods (if any) to Communicate Services current fees to Customers

Stage 2

Scenario Calculations

– Three Variations (Low, Medium & High Volume of Funerals Managed in a Typical Year)

  • Input of costs into a FDS designed Service Fee Calculator for the three scenarios provided                                                                                                                                                                                                                                                                                                                                                                                                  

Stage 3

Recommendations

Analyse & Report & Recommend

Three scenarios Analysis

  1. Break Even Analysis
  2. Typical Funeral Profit Analysis – Assuming an average number of Funerals managed per year
  3. Service Fee Analysis
  4. Coffin Profit Margin Analysis
  5. Once off Services – Costs and Fee Analysis

Recommendations

  1. Structure Options for Fees and Charges
  2. Service Fee Communication Tools Examples used by Funeral Directors for Customers
  3. Road Map – Next Steps

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Contact us today
to discuss how we can help

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042 9667309

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info@funeraldirectorsolutions.ie