Tag: cremation

Keeping the business flowing
Business Cemetery Products

Keeping the business flowing

I love the idea of “American ingenuity”.  To me it means the thought process that is developed to keep things moving ahead even when the system to do so has been upended.  And, around the world this Spring, the system has truly been upended with the advent of the COVID-19 situation. However, if you are a small business, you have to figure out a way to keep the cash rolling in so that you can pay the bills.  Many small […]

Security National reports revenue up, income down in Q1 2020 results
Finance

Security National reports revenue up, income down in Q1 2020 results

Back on May 18,2020, Security National Financial Corporation (SNFC) reported its 1st Quarter 2020 results that encompassed the period from January 1, 2020 to March 31, 2020.  The results, which you can see in a press release here, showed that the company increased revenues in the period compared to the prior year’s revenue by 29.2% but after tax earnings dropped 26.2%.  Net earnings per share for the quarter were $0.08 as compared to the 2019 1st Quarter net earnings of […]

News funeral professionals can use
Regulations

News funeral professionals can use

In our continuing efforts to keep death care professionals up to date on information available to the profession we pass these items along to you.  Please feel free to share with colleagues and others in the industry. Webinar:  NFDA Town Hall.  This informational webinar is brought to us by the National Funeral Directors Association.  Its two-fold purpose is to introduce NFDA members to five funeral industry colleagues who are at large board candidates for NFDA board positions.  Secondly, NFDA Counsel […]

Survey says funeral trends changing
Business

Survey says funeral trends changing

Cision PR Newswire published the results of the Foresight Companies 2020 Funeral and Cemetery Behavior Study on Wednesday.  You can see the Cision article here.  In it they mention that this survey was based on 2,548 respondents “drawn from a nationally representative panel sample of U.S. residents.” Chris Cruger, Partner and Chief Operation Officer at the Foresight Companies was quoted, “The resulting business implications the study points to are colossal – especially for a sector largely unchanged for decades.  How […]

How COVID-19 death care can affect the economy in many ways
Regulations

How COVID-19 death care can affect the economy in many ways

Today (which is Tuesday-as I usually write these columns a day ahead of time) in Minnesota is a warm, humid morning with threats of rain.  I usually take a run every morning and because of the weather I did so indoors on the treadmill while flashing the television between CNBC and Fox News. The television stations were telling of what looked like a pre-market rally in stocks and also were consumed with the opening of the American economy over the […]

A Memorial Day like no other
Cemetery Regulations

A Memorial Day like no other

Monday will bring Memorial Day to those of us in the United States.  It is a day like none other.  Not only does it serve as the weekend when summer begins, but it ultimately is the day all Americans should solemnly, sometime during the day, ponder and give thanks to all who were willing to serve in our country’s armed forces and be ready to give their life for the values that America stands for. Today’s holiday is born out […]

COVID-19, funeral directors, and a viewpoint from one of our colleagues north of the border
Business

COVID-19, funeral directors, and a viewpoint from one of our colleagues north of the border

I recently came across this article from Toronto Life.  It is excellent . . . you should read it.  I found it heartwarming, compassionate, and sincere — it is about a funeral director and a funeral home trying to give care in the throes of the COVID-19 pandemic. Here’s a quote from the article which I thought very appropriate, not only to this time, but could be relative to “normal” times in the funeral business as well.  “It’s a calling […]

Michigan bill seeks to expand licensing requirements for funeral directors
Regulations

Michigan bill seeks to expand licensing requirements for funeral directors

According to the Mackinac Center for Public Policy a bill has been introduced in the Michigan Legislature that would expand licensing requirements for funeral home directors.  The bill, House Bill 4437, is sponsored by Rep. Rodney Wakeman R-Saginaw Township and would require anyone practicing mortuary science to get a bachelor’s degree from select universities and pass state and federal exams.  It would also require ongoing continuing education requirements for the first time and make it more difficult for someone with […]

The abstract memorialization trend
Cremation

The abstract memorialization trend

Today’s article may take a little thinking outside the box, but I think that there is some justification to thinking in the model that I will relate.  As a funeral director during the time period of 1980 and 2015 I, arguably served in the period that cremation made its upswing in American death culture. And, like most funeral directors of my generation, we saw this increasing trend, in general, as a movement away from the high costs of earth burial […]

Park Lawn Corporation 1Q 2020:  Revenues increase 47.5%
Finance

Park Lawn Corporation 1Q 2020: Revenues increase 47.5%

Park Lawn Corporation (PLC), the Toronto based funeral and cemetery operator, issued a press release, that you can read here, on its First Quarter 2020 operations earlier this week.  Highlights from that press release seem to be that the company increased its revenues from CAN $50.15 million ( US$35.6 million) in 2019 to CAN $73.98 million (US$ 52.5 million) in 1Q 2020 — that’s an impressive increase of 47.5%. The company also showed an impressive gross margin or Gross Profit […]