There are many advantages to starting a cremation business within a franchise system instead of beginning from scratch. Franchisors can offer franchisees numerous advantages, including proven systems for success to operational support and guidance.
Prospective franchisees often overlook the benefits of a franchisors’ vast strategic vendor network, but this is another significant advantage. This is particularly important in the death care industry, which has become increasingly fragmented in recent years. Making connections with trusted vendors and suppliers can be difficult for any startup – so having this network already built into your business provides a notable competitive advantage.
There is always strength in numbers, and volume drives prices. For this reason, many vendors offer reduced prices to franchise networks. By leveraging the purchasing power of the network, franchisors are more equipped to negotiate with vendors than independent operators. Consequently, franchisees will have lower operating costs and overhead, allowing for higher gross margins. In other words, they can start turning a profit more quickly than if they were an independent operator.
Quality assurance is another key benefit of an established vendor network within a franchise system. This can be especially important for franchisees new to business ownership or new to the death care industry.
With a vendor network, franchisees do not have the added burden of researching different vendors to find the most reliable, affordable and high-quality option. Independent operators would have to dedicate extra time to researching vendors, establishing connections and negotiating prices. And in the end, they would not even be guaranteed a solid product. With a vendor network in place, the suppliers are already vetted and have proven to be reliable and cost-effective while providing a quality product or service. Network standards for equipment, products and services can be established, mitigating any network inequalities or inefficiencies, and ensuring a quality product across locations.
With nearly 30 years of experience in the death care industry, Joe Kalmer, founder and CEO of Cypress Pointe Cremation, has established a vast strategic vendor network with the most trusted and reliable providers. As a franchisee, you will have access to this network. You will be able to focus your energy on providing the best care possible instead of establishing these connections and vetting suppliers. As a result, you will be able to start operating much more quickly.
If you’re interested in the Cypress Pointe Cremation franchise opportunity, contact Joe@cypresspointecremation.com or call us directly at 618-741-7835.
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