funeral business
There is no doubt that the cost of inflation in doing business will affect the bottom line of businesses unless they do something to counter the effect. It’s a pretty simple equation in the “View from the Top” that if business sales are the same then the upward inflationary costs of labor, utilities, advertising,…
Read More
It took awhile, but Security National Financial Corporation (SNFC) finally got around to posting the results of the company’s 2023 year just last week. And, there is no doubt that SNFC’s Memorial Segment was one of the highlights of that report as that segment reported 10% revenue growth and 38% Earnings before Taxes growth…
Read More
Sometimes I find my inspiration for these writings in the oddest of places. . . Yet, I seem to have this ability to relate things that I see in everyday life to the funeral profession and funeral business. It happened again this past weekend. On Friday I received a phone call from…
Read More
Last week Funeral Director Daily published this article titled “Know your customer — How’s their credit”. That article delved into the American consumer credit profiles and why, before extending credit, you needed to know the consumer you are dealing with. . . and how difficult that is in today’s market. The article…
Read More
The people behind Titan Casket are not afraid of doing things outside the ordinary as compared to how the funeral industry has done things for the past 125 years. I’m guessing that in 1906 when John Hillenbrand purchased the Batesville Coffin Company and changed the name to Batesville Casket Company his customers were the…
Read More
As I routinely check my inbox it has became apparent that the suppliers to the cremation industry have moved to a belief that “environmentally friendly” or “natural” products will be an ever-increasing choice of American consumers. In the last week I’ve received press releases from casket companies introducing new product offerings that are…
Read More
I received an unsolicited e-mail the other day about taking a course that would lead me to become a “Certified Funeral Celebrant”. I’m not interested in that but, more and more, I see greater numbers of the consumer public shedding the idea of using formal clergy in the memorialization of their loved ones.…
Read More
The teaser for this webinar states, “Fifty percent of funeral businesses are expected to change hands as the next generation leaves the business”. A webinar conducted by Johnson Consulting Group’s President and CEO Jake Johnson will take center stage tomorrow, April 4, from 3:00 to 4:30 pm Eastern Time. (2 pm to 3:30…
Read More
The American economy keeps spending, yet we hear that families are getting squeezed by the combination of high prices and high interest rates. We also hear that high interest rates don’t seem to be stopping the consumer which in turn would put a turn-down on the economy making a reason for lowering interest…
Read More
A week ago today I woke up to the news of the collapse of the Francis Scott Key Bridge in Baltimore Harbor. It wasn’t so long ago that I was in Baltimore for the National Funeral Directors Association (NFDA) convention in October 2022. I was in awe of being in proximity to…
Read More
