Tag: funeral business

Kreamer Funeral Home moving into 4th generation of service
Business

Kreamer Funeral Home moving into 4th generation of service

The Kreamer Funeral Home was established in 1915 by brothers William E. and Wilbur Kreamer in Stewartstown, Pennsylvania.  According to a history on the company web-site, William’s son, Robert, assumed control of the firm in 1958 and his son, Steven, became the 3rd generation owner and operator in 1984.  The Kreamer family now serves in the communities of Annville and Jonestown, Pennsylvania. This article tells the story of 4th generation family member and funeral director Christian Kreamer, age 24, who […]

Do the Diligence. . . a cautionary tale
Business Preneed Regulations

Do the Diligence. . . a cautionary tale

Even before Robert Waltrip bought that second location in Houston in the early 1960’s there were lots of funeral homes that changed hands.  And, I’m guessing that over the years about 99% of those business transactions, especially the transferring of a funeral home to a new owner in a small community, went off without a hitch. Today, however, there are a lot more items to consider in a purchase/sale agreement so it is really smart to have good representation when […]

An update on some recent articles. . . .bus casket, SCI buildings
Uncategorized

An update on some recent articles. . . .bus casket, SCI buildings

Just last week we wrote of a Minnesota funeral director who had taken the time, effort, and expense to customize a casket to look like a school bus for one of the beloved citizens of his community.  That person, who drove a school bus in the small community for 55 years, recently died and his funeral service was held last Friday.  Here is a news video and story about the funeral and the funeral director who made it happen. We […]

Carriage Services reports 4th Quarter and Year End 2019
Finance

Carriage Services reports 4th Quarter and Year End 2019

  Last week funeral service and cemetery consolidator and operator Carriage Services, based in Houston, Texas, reported 4th Quarter and Year End results for 2019.  They also provided commentary on how they believe that the company will move in the next three years.  I will provide some factual information in this report but also my opinions.  Please note I am not a stockholder in Carriage Services at this time. You can access their February 19 press release related to earnings […]

An “Above and Beyond” funeral director
Business

An “Above and Beyond” funeral director

Glen Davis drove school bus in his small Minnesota community for 55 years.  Starting in 1949 he was still driving and finally retired in 2005.  By that time he was driving the grandchildren of those school children he had driven in 1949. And, Glen Davis was like a lot of people small town funeral directors get to know.  Whenever they see their friend the funeral director they say something like, “When I die. . . . . .”  For Davis, […]

“Honored to be asked to Share”
Products

“Honored to be asked to Share”

Many of you who work in the death care business may know Jim Price.  Jim comes from a funeral service family and has worked full-time in the death care space for almost 50 years.  I met Jim about 30 years ago at a funeral profession golf event and have seen him annually for almost each of those 30 years. Jim continues to work in the profession.  However, it is probably fair to say that he spends lots of volunteer time […]

Park Lawn CEO Andrew Clark announces departure
Finance

Park Lawn CEO Andrew Clark announces departure

Members of the death care media were informed yesterday via press release that the CEO and Chairman of Toronto based Park Lawn Corporation (PLC), Andrew Clark, would be stepping down as Chairman and CEO of the company.  You can read the press release here. The release quoted Clark as saying, “It has been a tremendous privilege to lead PLC and build a strong and highly capable management team over the last eight years.  I am grateful to have led a […]

SCI reports 4th Qtr and Year End numbers
Finance

SCI reports 4th Qtr and Year End numbers

Even though yesterday was the President’s Day holiday and the markets were closed across America, Service Corporation International took the opportunity to report their financial numbers for the 4th Quarter of 2019 and also for the Year End 2019.  We will just report some of the numbers today and after we have a chance to digest the company’s conference call with brokers we will add more commentary. Here is a report from SCI on 4Q 2019 and Year End 2019. […]

Fires in the funeral business
Business

Fires in the funeral business

It is always sad to see when fire destroys any business, but for us in the funeral business it is heartbreaking to see our colleagues go through something that we hope never happens to us. Over the weekend we learned of February fires that destroyed at least two of our colleagues places of business.  This article and news video tells of the fire to the Snapp-Bearden Funeral home of Branson, Missouri, that occurred last Thursday. And, this article tells of […]

Dollars and Sense — The great debate over online pricing
Business Regulations

Dollars and Sense — The great debate over online pricing

I noticed last week that the Federal Trade Commission (FTC) will be seeking comment on whether to make changes to the Funeral Rule.  This is probably the least the FTC will do and there probably could be more to come.  In their notice, they mentioned areas of funeral services and pricing where they explicitly seek public comments.  The Funeral Rule as I talk in this article pertains to itemized price information and how it must be presented. One of those […]