If you are interested in starting a funeral home, then there are a few things that you should understand. The capital needed to start a funeral home can be extensive, and you'll need a number of permits and professional employees or certifications.
The Capital For The Equipment
One of the largest barriers to starting a funeral home is the amount of money needed to buy the equipment you'll need. Funeral homes require embalming equipment and supplies, caskets, furniture for the rooms meant for the public, along with enough space for the embalming room and the public room meant for mourning. This equipment needed, plus the rent or lease, plus any insurance you might need depending on your state can all add up very quickly, upwards of $150,000 for just a small funeral home meant for a few customers at a time. If you are committed, this is not impossible — you can either save up enough to qualify for a business loan or work with a franchise.
Permits And Codes
Another important aspect of starting a funeral home is finding all the permits and codes that you need in order to start your business. This includes not only small business permits but also quality of air permits (since you'll most likely offer cremation), and meet all the codes for body waste hazards, fire codes, and anything else your state requires. You will also need to make sure that the actual sale of products meets FTC codes, such as transparency when offering services. If you aren't sure what permits you need, you can find the appropriate local representative or other worker and ask what permits you need for your business or ask other funeral homes for assistance.
Finally, in order to run a funeral home, you will need education in mortuary science as well as the ability to hire people with the right expertise to handle this industry. You will most likely need at least an associate's degree in mortuary science, and you may need to sit for an exam to get your funeral home license. From there, you will need to hire the staff you need in order to run your business — this can include not only those to work with your customers but also those that will help in the embalming process and the cremation process. These professionals may be expensive to hire, but over time, they're sure to pay for themselves.
To start a funeral home, you will need to raise a lot of capital for the start of the funeral home and obtain a variety of permits and licensed professionals. Funeral homes can require a lot of work to start, but you'll be providing a valuable service.