Biyernes, Nobyembre 7, 2014

Memorial Plans have bigger margins and are more likely to succeed and fulfill commitments

#memorialexperts

We are into talks with the buying and selling of a financial plan company.  The owner is a little bit weary because of age and the financial plans company went south when the educ plan soured out; with trust funds deficient by as much as 50%.

Health plans are by no means exempt because with claims up to 80% of the funds, margins could be as little as 2 to 3% Thus 80 claims plus 15% commission,  you have no more margins for overhead.

But memorial plans are not so, especially funeral service.  A CGS of a casket can be sold 10x its cost.   Thus, the memorial plan company, and the casket/chapel services company both have healthy margins and can survive.

The memorial plan company is much welcome because it can sell in advance the all ready profitable products.  The selling war at need is thus eliminated.

Our clients and companies are in the right direction

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