funeral business
I have a son that works in the automotive industry and we’ve discussed their lines of revenue quite often. For instance the average dealership has about six primary lines of revenue – new car sales, used car sales, the service or repair center, a collision repair center, a leasing center, and a financing center. At…
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Earlier this week California Governor Gavin Newsom quietly signed a bill that now becomes law which includes disposition of the dead human body via “human composting”. According to this article from KABC Television of Los Angeles supporters say it’s an environmentally-friendly alternative to traditional end-of-life options. The law does not go into effect until 2027. …
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Wilbert Funeral Services, Inc., (WFSI) the leading provider of burial vaults and cremation-related products and services in North America, is pleased to announce the launch of their new Cremation Choices Catalog on October 1st. Wilbert Merchandising Manager, Mike Devaney stated, “We are excited about the new expanded catalog. We are adding 80 new urns and…
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Back when I was in mortuary school I read a book entitled something like “Who takes care of the Caretaker“. While there are other books with titles similar to that published later than the 1970’s I cannot locate the book I read, nor do I remember the author of it. Quite frankly, that’s not real…
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We learned late last week in this press release that Funeral Directors Life Insurance Company (FDLIC) of Abilene, Texas, acquired the American Life and Annuity Company (ALAC) of Hot Springs, Arkansas. According to the press release “effective immediately, FDLIC will work to support existing ALAC policyholders and Arkansas funeral homes”. Again, according to the press…
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Propel Funeral Partners, the public company that owns and operates funeral homes, cremation facilities, cemeteries, and related infrastructure in Australia and New Zealand, announced their Fiscal Year 2022 (FY22) results in late August, and did so by showing growth all across their reporting numbers. The company that began in 2012 with 278 funeral services reported…
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One of the few positives to come out of the Covid-19 pandemic may be the way that funeral directors were perceived by the public. There’s no doubt that during the pandemic funeral directors were seen as unselfish heroes in many communities for the way they handled the high number of deaths. And it may be,…
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A sale, or commerce if you will, occurs when a willing buyer and a willing seller reach agreement on a price for a good or service and then that price is paid from the buyer to the seller to mark the transaction. While we don’t always think of it in that term, transactions like this…
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Recently I came across this article from the Insurance NewsNet based on a survey from health insurer, Ethos. The article was based on what traditionally taboo subjects would people be willing to talk about. Turns out that 81% of the people were willing to talk about Money, but at the bottom of the list came…
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Over the past several weeks I’ve had several instances which caused me to wonder “What is going to happen to rural America’s home town, home-owned, funeral homes.” Again, it has not been one thing, but a string of instances that have made me wonder about that. For instance, I know of firms in my state…
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