Funeral Director Daily

News you can Use. . . change of ownership options, upcoming webinars, timely podcasts

By Funeral Director Daily / April 14, 2022 /

Once again my desk is getting piled up. .. In today’s Afternoon Edition I’m forwarding information from our friends at Clifton, Larson, Allen on the six options for ownership succession, bringing you information on upcoming webinars, and sending forward links to Death Care podcasts dealing with advice for the younger generation of funeral home owners,…

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Pandemic Survey: Retirees emerge resilient. . . what does that mean for Preneed

By Funeral Director Daily / April 14, 2022 /

Allianz Life recently published a survey that was taken of a representative sample of 1,000 Americans detailing how they were financially affected by the pandemic that we are showing signs of emerging from.  You can access an article about the survey here. In essence, the article states that there is a “significant gap in the…

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Security National Financial shows earnings increases in both Memorial and Life Insurance segments

By Funeral Director Daily / April 13, 2022 /

Security National Financial Corporation (SNFC), the Utah based multi-pronged company with divisions in funeral homes and cemeteries and also with its insurance division involved in preneed insurance, had its full-year after-tax earnings drop from $55.5 million in 2020 to $39,5 million in 2021.  It’s Earnings before taxes also dropped about $20 million for the three…

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Acquisitions, new locations. . . .the business of funerals just keeps rolling along. . .

By Funeral Director Daily / April 12, 2022 /

It never ceases to amaze me how as habits change, some things stay the same and just keep rolling along.  I don’t mean that in any negative way, but as death care is looking at new options such as alkaline hydrolysis, green burial, and natural organic reduction in the future, the tried and true ways…

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Is an “Event Center” in your business future

By Funeral Director Daily / April 11, 2022 /

Over my years in funeral service I operated from two different funeral home buildings.  The first building that I operated in was a former residence remodeled over a few times since about 1933 to offer a funeral home operation.  In 2006 we moved into a brand new building built exclusively for the funeral and cremation…

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Necessity making room for some casket changes in Hong Kong

By Funeral Director Daily / April 8, 2022 /

It is often said that “necessity is the mother of invention”.  This article from Manufacturing Business Technology shows us that is the case in Hong Kong at this time as a recent surge in Covid-19 deaths has created a shortage of coffins in the city. The article states that “Hong Kong has reported about 200…

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The Battle for Aquamation

By Funeral Director Daily / April 7, 2022 /

There is a battle being waged over the human disposition method called “aquamation”, also known as alkaline hydrolysis or flameless cremation. But, most of us are just too busy or are comfortable with disposition in the form of earth burial or cremation to really notice it. I find it interesting in a world where everything…

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SCI as an investment

By Funeral Director Daily / April 6, 2022 /

Last week Seeking Alpha published a fact and opinion article on Service Corporation International (SCI) entitled “Service Corporation International:  An under the radar wealth generator”.  The article was one of the most in-depth pieces I have seen on SCI, its operations, and its potential as an investment. You can access the article here. From my…

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Regulation of Preneed apparently coming too late for some consumers

By Funeral Director Daily / April 5, 2022 /

It would be safe to say that in Great Britain there has been a lot of discussion about the costs of death care among consumers and government alike.  While it has been going on for some time and there is no doubt that the Covid-19 pandemic and the rise of Direct Cremation with No Services…

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StoneMor increases revenue in 2021, starts making acquisitions in 2022

By Funeral Director Daily / April 4, 2022 /

StoneMor Inc. has been on a journey of what they term “Transformation” for the past few years.  That road has followed management changes, sales philosophy changes, property changes, work relation chnages(employees to contracted services in some instances), funeral home divestments, and now seems to be on the final stage of strategy. . . what appears…

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