Funeral Director Daily

Information for funeral professionals

By Funeral Director Daily / April 27, 2020 /

In our continuing effort to get out information that has some relevancy to the death care industry we pass along this information.  Please feel free to share this information with your co-workers and colleagues. CLA Livestream Series: Liquidity Strategies during the lending pause.  This comes to us from the solutions experts at Clifton Larson Allen. …

SCI CEO Tom Ryan: “We’re going to have some revenue pressures”

By Funeral Director Daily / April 27, 2020 /

Over the years I’ve often thought that the business of funeral and cremation care as a business is overlooked by those that teach or write of things happening in the business world.  It is not everyday that Forbes magazine does an in-depth article on our profession. Last week, Forbes featured an article that you can…

Yale University dormitory houses funeral directors

By Funeral Director Daily / April 24, 2020 /

On Wednesday I had the opportunity to be part of a live educational Zoom meeting that was part of the University of Minnesota Department of Mortuary Science distance learning.  Geared for students, this presentation was aimed at letting those in the funeral profession describe to students what conditions they, as funeral directors, were working under…

Lots of volunteer heroes in our profession right now

By Funeral Director Daily / April 24, 2020 /

This Funeral Director Daily article will  not do enough justice to the funeral director/mortician profession but it is an attempt to show how those in our profession are going well out of their way to help other funeral directors in need and to help humanity as a whole. In New York City there are only…

Time to ramp up Preneed

By Funeral Director Daily / April 23, 2020 /

I’ve seen no data to prove this but anecdotally several people have told me, or I have read, that funeral pre-arrangement sales have drifted downward during the past month or so of sheltering at home due to the coronavirus.  That would only makes sense because many of the clients who pre-arrange are not only seeking…

What about “Demand”?

By Funeral Director Daily / April 22, 2020 /

On Monday at about the time that the stock market was closing for the day I happened to tune in to CNBC to see what had happened during the day in those markets.  All the talk was about oil prices as the talking heads were busy informing the world, that at this point in human…

Necessity (or COVID-19) is the mother of inventions

By Funeral Director Daily / April 21, 2020 /

The old saying is that “Necessity is the mother of inventions”.  I thought of that as I read a couple of articles in the last couple of days on how young entrepreneurs are working to make a name for themselves and build a business in the death care industry. There is no doubt that the…

News funeral professionals can use

By Funeral Director Daily / April 20, 2020 /

Our subscribers tell us that the information we provide in these periodic updates is appreciated so we will continue to pass on seminars, articles, webinars, and other information pertinent to the death care profession.  Please feel free to pass these on to others in your office and if your company is planning something that would…

Seeking Alpha: Death care stocks to benefit from pent up demand

By Funeral Director Daily / April 20, 2020 /

Seeking Alpha published an opinion piece from writer Malvin Spooner on Saturday, April 18, which theorized that death care public companies Service Corporation International (SCI) and Carriage Services (CSV) will benefit from what Spooner characterized as “pent up demand”.  You can read the full article here. Spooner says that “the death care industry stocks have…

Revisiting Clive

By Funeral Director Daily / April 17, 2020 /

When I was just getting going on writing an occasional blog article back in May 2017 – about three years to the day from today – I was fascinated with a young man from County Cork Ireland who grew up wanting to be a funeral director.  As it turned out, circumstances worked out so that…