Funeral Director Daily
I’ve told readers many times that while I owned and operated a small funeral home – one that grew from 140 calls to about 325 calls – I always learned by reading and watching what the “Big Boys” in our industry were up to. That meant, over the years, buying some stock and reading annual…
Read MoreMy wife’s 85 year old father died suddenly last February. He and his wife had lived in the small – under 3000 person – community that they were both born in for all of his years. Life in a community like that revolves around community activities that many times are centered around families – not…
Read MoreIn a release dated July 19 that you can read here, investor’s service Moody’s upgraded the debt rating of public company Hillenbrand Industries from a Ba1 to a Baa3. They also noticed that the outlook of the company going forward is “Stable”. Hillenbrand Industries is the owner of U.S. casket manufacturer market share leader Batesville…
Read MoreI noticed a couple of articles in the last couple of days about ownership at single proprietor funeral homes that are changing hands. What struck me about the articles is that as you go through living your life, you really need to be ready to answer the door when an opportunity knocks. The first article…
Read MoreIn my opinion, when I look for something to invest in, I gauge the safety of the investment as well as the possible return and then make a decision if the balance is there between the two. I also look at two sides of an equity investment as the potential for growth (as defined by…
Read MoreYou have heard it said before that when planning a business nothing may be as important to the success of that business as the location that you place it in. For retail businesses — a stand alone building, a strip mall, a shopping mall — all are potential locations, but the key is to figure…
Read MoreLast week we brought you a press release about the renaming of funeral homes in the Sarasota, Florida area. The funeral homes, operated by Service Corporation International were rebranded with a derivative of the Toale family name. We also told you in our article that the press release was somewhat odd and vague and we…
Read MoreIn looking for material for a column today I came across articles on funeral home/cemetery zoning issues. What peaked my interest was the idea that death care businesses could be on differing sides of zoning debates. I find that somewhat interesting. The first article that you can read here is an issue that we have…
Read MoreLast week Carriage Services, a funeral service public company based in Houston, Texas, announced that they had acquired two funeral homes in the State of Virginia. You can read the press release here. The release announces the acquisition of the Covenant Funeral Homes in Fredericksburg and Stafford, Virginia. The release goes on to say that…
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