FSE2202 FUNERAL HOME MANAGEMENT STUDY QUESTIONS LESSON 2.3 AND ANSWERS WITH COMPLETE SOLUTIONS

FSE2202 FUNERAL HOME MANAGEMENT STUDY QUESTIONS LESSON

2.3 AND ANSWERS WITH COMPLETE SOLUTIONS


Who should be on your team of advisors to help you build or decide to buy an

existing funeral home?

1. one who is in the funeral business or owns a funeral home that can give advice.

2. accountant

3. Attorney

What must your secure before you can incorporate or hire new employees for

your funeral home?

Federal Tax ID - EIN

List some expenses which the Small Business Administration link below suggest

should be allowed for in the Start-up Budget.

Insurance, Overhead, Rent/Utilities etc.

What is contained in the General Company Description portion of a business

plan?

This section explains the type of company and gives this history if it already exists. It

would include the type of business, name, location, nature and primary product or

service.

What are the 5 purposes of a business plan?

1. Gives the management team a purpose and mission (Internal Purposes)

2. Informs Perspective Employees of the company plan (Internal Purposes)

3. Establishes grounds for customers to purchase goods or services (external