Funeral Director Daily

Keeping the business flowing

By Funeral Director Daily / June 3, 2020 /

I love the idea of “American ingenuity”.  To me it means the thought process that is developed to keep things moving ahead even when the system to do so has been upended.  And, around the world this Spring, the system has truly been upended with the advent of the COVID-19 situation. However, if you are…

Afternoon News: Part 3 of CNET’s Future of Funeral Series and more

By Funeral Director Daily / June 2, 2020 /

Today we bring you a couple of articles that we came across this morning that may be of interest to you.  The first is the third installment of CNET’s  (CBS Interactive) continuing series entitled “The Future of Funerals”.  Today’s episode deals with alkaline hydrolysis and CNET titles the article “The misunderstood funeral tech that is…

Security National reports revenue up, income down in Q1 2020 results

By Funeral Director Daily / June 2, 2020 /

Back on May 18,2020, Security National Financial Corporation (SNFC) reported its 1st Quarter 2020 results that encompassed the period from January 1, 2020 to March 31, 2020.  The results, which you can see in a press release here, showed that the company increased revenues in the period compared to the prior year’s revenue by 29.2%…

News funeral professionals can use

By Funeral Director Daily / June 1, 2020 /

In our continuing efforts to keep death care professionals up to date on information available to the profession we pass these items along to you.  Please feel free to share with colleagues and others in the industry. Webinar:  NFDA Town Hall.  This informational webinar is brought to us by the National Funeral Directors Association.  Its…

The savings rate and what it can do for preneed and cemetery sales

By Funeral Director Daily / June 1, 2020 /

It’s not even noon on Sunday yet and I’ve had a pretty good day already.  Minnesota has allowed churches to open at 25% of capacity so my wife and I attended church today, albeit wearing masks and sitting far from anybody else, for the first time since mid-March.  Also, singing was banned for just instrumental…

Survey says funeral trends changing

By Funeral Director Daily / May 29, 2020 /

Cision PR Newswire published the results of the Foresight Companies 2020 Funeral and Cemetery Behavior Study on Wednesday.  You can see the Cision article here.  In it they mention that this survey was based on 2,548 respondents “drawn from a nationally representative panel sample of U.S. residents.” Chris Cruger, Partner and Chief Operation Officer at…

Will StoneMor go private?

By Funeral Director Daily / May 28, 2020 /

This press release from Globe Newswire indicates that the StoneMor, Inc. has received a “Going Private” proposal from Axar Capital as of May 24, 2020. In the proposal, Axar Capital Management, which is an approximately 52% owner of StoneMor, Inc., has proposed paying $0.67 per share to purchase all of the outstanding shares of the…

Random thoughts: Building market share through preneed. . . .CBS Interactive’s “The Future of Funerals’ series

By Funeral Director Daily / May 28, 2020 /

For almost 40 years our funeral home has had advertising for preneed clientele based on the premise, “Like an umbrella in a sudden shower, some things are good to have before they are needed”.  In different ways on radio, print, and online we go on to explain that preneed funeral insurance is one of those…

How COVID-19 death care can affect the economy in many ways

By Funeral Director Daily / May 27, 2020 /

Today (which is Tuesday-as I usually write these columns a day ahead of time) in Minnesota is a warm, humid morning with threats of rain.  I usually take a run every morning and because of the weather I did so indoors on the treadmill while flashing the television between CNBC and Fox News. The television…

Carriage Services reports First Quarter 2020

By Funeral Director Daily / May 26, 2020 /

A short time ago Carriage Services, the Houston, Texas, based funeral home and cemetery operator announced they would delay their First Quarter 2020 financial results so that they could also report cornavirus related April results and May trends.  It is interesting to note that their First Quarter report that you can access here is titled,…