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Debate House Prices
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Is it a good time to expand a business?
Comments
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PasturesNew wrote: »If it were me, instead of expanding the business for a showroom, I'd be making the coffins 50% smaller as "demonstration".... I'd then open a new online business coffinsfordogs.com and coffinsforcats.com as you'd already have the plans.... oh - and a 3rd online business diycoffinplans.com
SRSLY ... might seem a joke at first, but think it through. You don't increase your overheads and you potentially build three more income streams into your business.
Babe, nice thought but I'm already there,were already diversifying into green, novelty and multifaith burials (and we get enough nutters and weirdos as it is:D)0 -
bo_drinker wrote: »A pretty safe business to be in whatever the climate. Would you say you have noticed a difference in trade?? Got to be a bit tacky to try and do a deal with you people
Tbh mate, we haven't done a coach and horses do for a while but otherwise things are much as before. 9 times out of 10 the deceased is paying anyway:j0 -
That is the most inappropriate use of a smiley I have ever seen.FungusFighter wrote: »9 times out of 10 the deceased is paying anyway:j0 -
free bar ! :beer::grouphug:
no wonder he has a smile on his face...0 -
I would have thought it only worth expanding if it will increase business. Will a display of coffins attract more punters? In terms of larger premises, it could all be about the pre-pay options you offer rather than a display of coffins.
Roughly speaking there is the same number of deaths each year, so how are your competition doing? If you are going to attract more business you will need to take customers off your competitors.
In a recession, people have less money, I would have thought that cremations gain in popularity.
In terms of larger premises, it could all be about the pre-pay options you offer rather than a display of coffins.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
Dont more people die in a recesssion?
Go for it.
Its gonna be a long one. So if your margins are 20% or above you should have it fully covered by the time people start to live longer again....
:rolleyes:Not Again0
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