Funeral Director Daily
In the last couple of months or so I’ve heard from funeral home owners, or heard on a webinar, that the loss of revenue on a per case basis has been anywhere from about 9% to almost 40% in North America. Even the public companies, such as Service Corporation International and Carriage Services, acknowledged in…
What makes a funeral home exemplary? The funeral profession is filled to the brim with multiple players, but as in any competitive field, only a few businesses rise to the top. These funeral homes embody certain characteristics that elevate them above the competition. Here are the top three components of exceptional funeral homes. Owners Who…
I came across this recent article from Seed Investor entitled “Solace co-founder David Odusanya on the impact of COVID-19”. The article intrigued me, not because of the COVID-19 fact, but because I knew that Solace was the company founded in Portland, Oregon, by two Nike executives to enter the low-cost direct cremation market. According to…
With today being the last day in the business calendar of the first eight months of the year and April to June reports all in, I thought it might be a good time to find out where the Death Care Index is sitting in relation to the stock market in general. The Death Care Index,…
On Tuesday the Hormel Corporation announced a new employee benefit available to all United States Hormel Corporation employees. This benefit, that they are calling “Inspired Pathways”, will pay for two-years of community or junior college tuition for all children of the aforementioned Hormel employees. You can read an article from the Minneapolis Star Tribune here…
Last week I came across this article from USA Today and I also saw news reports about President Trump’s brother, Robert Trump, who had died and his funeral services were held at the White House. The article mentions that White House funerals are rare. It seems that when dignitaries die and there is a…
To our readers: Before we get into our feature article of the day I want to apologize to readers who did not receive distributed copies of Funeral Director Daily last Wednesday and Thursday. Unfortunately, we ran into issues where we simply outgrew our former distributor of Funeral Director Daily emails, Twitter, and Facebook postings. The…
For almost 35 years I operated a funeral home and most of what I did there I thoroughly enjoyed. . . especially the part that was directly working with the families that were in need of funeral service help at the time. I felt privileged that they would let me into the family discussions…
In a press release that we received last week from Insurance News Net we learned that Transamerica Insurance has partnered with Everest Funeral Package, LLC to provide “a new funeral concierge benefit at no direct cost for qualifying life insurance policyholders.” The press release goes on to say that this “Concierge Planning Rider” will provide…
Security National Financial Corporation (SNFC) is a diverse, but integrated company. They are diverse in that they have three distinct segments – Mortgages, Life Insurance, and Cemeteries/Mortuaries – under their umbrella. They are an integrated company in that all segments report together to bring a bottom line to the company. And, the integration was good…
