Funeral Director Daily
StoneMor Partners L.P. reported their 3rd Quarter and 9-month 2019 numbers last week and with it showed significant progress in their attempt at a transformational turnaround of the company. In brief, StoneMor reported that revenues are stabilizing, that they are cutting recurring expenses, and that they have made progress on a divestiture process that will,…
Read MoreNational Geographic magazine published an article the other day that you can read here. It was published in their “Environment and Conservation” sector and is entitled, “The environmental toll of cremating the dead“. The article makes the statement that 78% of Brits are now cremated and in America, we have surpassed the number of burials…
Read MoreYesterday we started the talk of annual budgeting for a funeral home by looking at what are the expectations for overhead, profit, and a savings plan in that budget. You can see yesterday’s article here. Today, we will try to explain how we set the revenue parameters to make sure that we have a great…
Read MoreHonoring and remembering is something funeral homes help families do. Virtually all funeral homes also have a special relationship with the military veterans in their community because of the service that these men and women provide at the funeral, memorial, or graveside service of one of their comrades. We just want to make sure that…
Read MoreI live in Minnesota and every year when the calendar turned over into November I had two thoughts. . . Five months of winter ahead and time to make sure the income and expense budget for the funeral home is set up for the new year ahead. I operated a funeral home that over time…
Read MoreAssurant is a leading global provider of housing and lifestyle solutions that support, protect and connect major consumer purchases. In relation to the death care industry they are a provider of pre-need or what they call “pre-funded funeral insurance”. Assurant is a Fortune 500 company with a presence in 21 countries. They recently reported their…
Read MoreAcquisitions continue to be announced in the death care business. It seems that there are a lot of businesses where the ownership is ready to transition out of the profession and there is an ever growing number of neighbor, regional, and national providers of funeral and cremation care that are intent on getting larger. In…
Read MoreYou have seen me write many times that I look for trends in the business world and then try to stay ahead of those to be in on the upswing with what is happening and have the ability to capture new business before many competitors have even seen the trend emerging. It’s that way not…
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