Bryan and Catherine Powell, founders of Powell and Family Funeral Directors and Powell and Family Direct, are hosting an open meeting for all funeral directors interested in remodelling their business as a social enterprise. It’s called Social Enterprise For Funeral Directors, and it’s being held on Saturday 19 May, 11am til 3pm in their Droitwich office at 15 North Street, WR9 8JB. Book your place by ringing 01905 827 767 or email bryan.powell@
The team at the GFG has been following Powell and Family with interest. Here’s a dynamic new business run by a husband and wife team who possess impressive business savvy combined with a love of what they do. They’re the real deal, we’ve no doubt about that.
We’re also fans of the social enterprise model for funeral businesses, as we outline on our sister site, CommunityFunerals.org.uk – here. We like the social enterprise model because of its potential to offer better service to the bereaved. We also like it because we think it the ideal vehicle for idealistic, forward-looking funeral directors.
For such funeral directors, re-branding as a social enterprise sends out a signal all their clients want to hear. It gives these funeral directors a massive competitive advantage because it enables them to set themselves visibly apart from their rivals.
The Community Interest Company – CIC – model offers particular and perhaps unexpected benefits. For example, FDs retain control of their business and pay themselves what they think they deserve. Sure, they can’t sell up at any time – but they can arrange an advantageous handover.
Those funeral businesses which re-brand as social enterprises will have opportunities to work together, on a joint venture basis, while at the same time preserving their independence and individual character. This is new and unexplored territory.
We at the GFG thank Bryan and Catherine Powell for inviting us to the meeting on Saturday. We’ll be there – as detached observers, needless to say. We don’t do business, we do scrutiny.
We hear that an ITV camera crew is going to be there too. They want to film cutting-edge funeral directors for an upcoming programme. We rather think they’ll be coming to exactly the right place.