Funeral Director Daily
The COVID-19 pandemic during the year 2020 and how countries geographic location and national responses to the situation could not be more different than you see in recent publicly owned funeral home companies’ annual reports. We’ve reported on the results of the United States Service Corporation International (SCI) and Carriage Services both in the last…
Read MoreI recently read an interesting article, authored by funeral industry veteran Doug Gober, in the Memorial Business Journal published for members by the National Funeral Directors Association. Gober, who’s been around the profession for a long time gave an interesting sequence of events beginning with when money flowed into the profession from the public companies.…
Read More
I’ve been an entrepreneur and have started some businesses outside of the death care realm. I think one of the things that happens to every entrepreneur who starts a business that is new and unique is that they open their doors for business and then wonder if anybody will purchase their goods and/or services. No…
Read MoreUpon the heels of a very profitable quarter and yearly report of funeral and cemetery consolidator Carriage Services, Moody’s Investor Services last week raised the credit rating of the company as you can see in this article here. A better credit rating should drive down borrowing costs for Carriage Services and, according to the Year…
Read More
The pyramids in Egypt were built to give permanent memorialization to the rulers of that land. The tomb of the 13th Disciple to Christ, Matthias, can be seen to give credence to his life. George Washington, known by many as the Father of America has a burial site at his Mount Vernon home. However, there…
Read MoreWhere a person dies does have an effect on funeral home operations. One simple effect you can see is that of two person removal teams to homes rather than a one-person removal being done at a hospital or nursing home where there is always facility staff help if needed. This recent article from the Associated…
Read More
In a press release that you can read here you can find out that Houston, Texas, based funeral home and cemetery consolidator Carriage Services recorded record results not only for the 4th Quarter of 2020 but for the full year of 2020 as well. Not only did Carriage Services record these record financial results, they…
Read More
Service Corporation International reported both their 4th Quarter 2020 and Full Year 2020 reports last week. Among the interesting items that you can find in the report, that can be accessed here, is that their total number of services increased from 319,616 in 2019 to 364,312 in 2020. . . .that’s an increase of 13.98%.…
Read More
Sometimes it is difficult to take a public stand on an issue. You might feel strong one way or another, but you know that taking a public stance could possibly hinder the amount of business that you do. It is pretty evident in America right now that if you flew a Trump 2020 flag in…
Read More
Last week Foundation Partners Group issued a press release through Cision PR Newswire that you can read here. The release dealt with some of the company’s ten year history in that it has grown into a company with nearly 160 locations serving over 75,000 families annually. Another thing that the release shouted was that Foundation…
Read More
