U.S. funeral services are increasingly using ceremonies to commemorate death. This plan shows how Evergreen Life Memorial Center will be able to dominate any new category of funeral providers in AnyCounty, Oregon. This plan also outlines how it will use the financing it has acquired.
The LLC will be registered in the Anytown metro area. Stan Peters is an experienced funeral home director, embalmer and active in community and non-profit activities.
The Evergreen Life Memorial Centre will offer Anytown and the surrounding areas a place to remember and celebrate the passing of a loved one. It also allows the living to find support and closure to help them move on with their lives. It will have a reception area where people can gather after the funeral, which will foster human connection as well as uplifting remembrance. This is what the Baby Boomer aging population prefers. This facility will also serve as the foundation of the Center’s strategy of community involvement. It will help to quickly develop the Center’s reputation to attract business and benefit the charities it supports. We will use digital photos for the reception, as well on our website, in order to extend the celebration of the person’s life beyond their funeral.
Based on current prices across the country, the Center is likely to reach its market share $768,213 in just four years. At the Center’s current prices, its market share is worth $841,412. The average industry gross margin for funeral homes is 62.5 %. The funding of $225,000 requested in this plan is projected to result in an annual net profit of approximately $194,000 in the Center’s fourth year of operation, with subsequent increases annually due to inflation.
The Evergreen Life Memorial Center will make it possible for those who lose a loved one to be integrated into the community, instead of being stigmatized and marginalized. There will be a new center for community involvement. And for the first time, the Boomer generation will be able to go out the way it lived.
1.1 Objectives
The Evergreen life Memorial Center is a place for celebration and support. It also offers social support that allows you to end your life and get on with your daily living. By Year 4, the Center will be a place where prominent Baby Boomers can celebrate their lives.
The Center will provide facilities to bring together families and communities in a way that celebrates and strengthens social support.
Digitalized photos, films and other materials of the deceased will also be available at the reception desk and on our website.
Stan Peters, the property owner, will make these facilities available for free to various nonprofit organizations. This will:
- Tie the Center into the community of the living and develop positive associations.
- Develop a strong reputation by creating community events in the Center which the local media will want to publicize.
- Help the owner to improve the community and help others.
Stan Peters will make himself available for a leadership position starting a local chapter of a nonprofit that helps children with life-threatening diseases, such as the Make-A-Wish Foundation.
The Center will offer a guide to funeral planning for estate lawyers to provide to their clients.
To be first in the minds of people with this new category, a public campaign will be launched to support their efforts. Evergreen Life Memorial Center, “People remembering people.”
1.2 Mission
Evergreen Life Memorial Centre’s mission is to bring people together in celebration of life’s end and to continue living. The Center will have facilities that bring families and communities together to remember the life of the deceased and renew bonds of social support. The Center will focus nonprofit efforts to make the community more pleasant.
1.3 Keys to Success
Since 71% of people choose a funeral house based on their reputation, the key is to quickly build a reputation for this category as the welcoming place for the Baby Boomers.
Celebrate life after they die.
Its reception facilities, which will encourage positive interactions after the funerals and be used by nonprofit organizations, will be the Center’’s centerpiece. This will make Center more uplifting and connect it with the community.
Digital photos and films will be featured on the website and reception room. This web presence will allow people and organizations to share in the celebration after the funeral and reception.
The Center will be the center to honor the lives of local celebrities by offering the best quality caskets. This will increase our visibility and help us to be known.