It’s never too late to learn more about attracting and retaining client families. The marketing to do so can be complicated at times, but it is always good to keep an open mind and you can maybe learn through the education of others. To that end, we offer these insightful podcasts which we’ve…
Read MoreAt Funeral Director Daily we hear about a lot of funeral homes that change hands. We can’t report on all of them, but some family funeral homes have such unique historical characteristics that we like to pass on the knowledge of those transactions just to keep the historical perspective of funeral homes in America…
Read MoreYesterday Park Lawn Corporation issued a press release stating that “it has declined to participate further in Carriage Services, Inc.’s (NYSE: CSV) (“Carriage”) previously announced strategic review process and that it has withdrawn its all cash proposal to purchase the outstanding stock of Carriage.” The press release which you can read here also…
Read MoreIn a press release dated September 22, 2023, the NFDA’s Funeral Service Foundation “announced that it has received a $100,000 contribution from the Memorial Classic Golf Tournament”. The press release went on to say, “The Memorial Classic was founded by (Johnson Consulting Group founder) Tom Johnson more than 40 years ago with…
Read MoreInflation has set in. . . I recently had to install a new air conditioning condenser to our existing HVAC combination unit. An air conditioning condensor, like a funeral or cremation expense, is something you don’t buy everyday. . . . in fact, maybe less than once a decade. And, when I called…
Read MoreBUSINESS
With a history from livery service to modern funeral home. . . Key West funeral home changes hands
At Funeral Director Daily we hear about a lot of funeral homes that change hands. We can’t report on all of them, but some family funeral homes have such unique historical characteristics that we…
Pricing is relative, but one low-cost provider can beat us all up
Inflation has set in. . . I recently had to install a new air conditioning condenser to our existing HVAC combination unit. An air conditioning condensor, like a funeral or cremation expense, is something…
The Trust Factor
Over my years as a funeral director the confidentiality that I kept for my client families was always paramount in my mind. Being a funeral director in a small community just led itself to…
FINANCE
Park Lawn withdraws Carriage Services offer
Yesterday Park Lawn Corporation issued a press release stating that “it has declined to participate further in Carriage Services, Inc.’s (NYSE: CSV) (“Carriage”) previously announced strategic review process and that it has withdrawn its…
Seeking Alpha on SCI: “Negative scenario could be favorable for this industry consolidator”
This morning’s edition of Funeral Director Daily looked at the situation that death care companies could be in if inflation and the high interest environment we are in stay with us for some…
Looking Forward: Will interest rates and inflation continue to affect your operation?
We know where we have been as interest rates and inflation have moved upwards in the last two years. . . but, do we know where we are headed with those items and…
REGULATIONS
Federal Trade Commission’s review of the “Funeral Rule” marches on
Tomorrow, Thursday, September 7, 2023, you can join a public workshop led by the Federal Trade Commission (FTC) regarding the new proposals to the “Funeral Rule”. The workshop, taking place in Washington, DC,…
Paying for your funeral with your HSA. Why not?
Last December I was welcomed into the world of Medicare. Prior to that I had either had my health insurance paid for by the business I was working for or, since I sold our…
CEMETERY
CREMATION
Pricing is relative, but one low-cost provider can beat us all up
Inflation has set in. . . I recently had to install a new air conditioning condenser to our existing HVAC combination unit. An air conditioning condensor, like a funeral or cremation expense, is something…
Private Equity claims another death care provider
While most of us have been anticipating some news on the acquisition front from Australia and the proposed takeover of InvoCare by TPG Capital or waiting for some news on the North American…
PRENEED
Advertising to bring results
If you want to grow your business — whether through at-need or pre-need — there are some basics you need to understand about the consumer mind. You also need to understand how to reach…
Are funeral homes “underestimating” the value of convenience to our consumers?
I’ve never been a procrastinator about planning or getting things done. However, the world around me has changed over the last couple of decades and because of that, and today’s convenience in purchasing, …
Paying for your funeral with your HSA. Why not?
Last December I was welcomed into the world of Medicare. Prior to that I had either had my health insurance paid for by the business I was working for or, since I sold our…
PRODUCTS
Pricing is relative, but one low-cost provider can beat us all up
Inflation has set in. . . I recently had to install a new air conditioning condenser to our existing HVAC combination unit. An air conditioning condensor, like a funeral or cremation expense, is something…
Meeting Katrina Spade
English poet Oscar Wilde is thought by some as first using the phrase that “Imitation is the most sincere form of flattery”. In today’s world of economics and commerce one might also believe…
More from the floor. . . . Supplier news from the NFDA Convention
My favorite time annually at the National Funeral Directors Convention (NFDA) is when I get to roam the Expo Hall among all of Death Care’s suppliers and just visit. Sometimes it is about new…