Funeral Director Daily
Yesterday we started the talk of annual budgeting for a funeral home by looking at what are the expectations for overhead, profit, and a savings plan in that budget. You can see yesterday’s article here. Today, we will try to explain how we set the revenue parameters to make sure that we have a great…
Honoring and remembering is something funeral homes help families do. Virtually all funeral homes also have a special relationship with the military veterans in their community because of the service that these men and women provide at the funeral, memorial, or graveside service of one of their comrades. We just want to make sure that…
I live in Minnesota and every year when the calendar turned over into November I had two thoughts. . . Five months of winter ahead and time to make sure the income and expense budget for the funeral home is set up for the new year ahead. I operated a funeral home that over time…
Assurant is a leading global provider of housing and lifestyle solutions that support, protect and connect major consumer purchases. In relation to the death care industry they are a provider of pre-need or what they call “pre-funded funeral insurance”. Assurant is a Fortune 500 company with a presence in 21 countries. They recently reported their…
Acquisitions continue to be announced in the death care business. It seems that there are a lot of businesses where the ownership is ready to transition out of the profession and there is an ever growing number of neighbor, regional, and national providers of funeral and cremation care that are intent on getting larger. In…
You have seen me write many times that I look for trends in the business world and then try to stay ahead of those to be in on the upswing with what is happening and have the ability to capture new business before many competitors have even seen the trend emerging. It’s that way not…
Last week funeral home and cemetery consolidator and operator Carriage Services reported their 3rd quarter results for 2019. After some disappointing results in the past year, the 3Q report was filled with enough upside results to put a little jump in the step of Carriage Service executives and stockholders. You can see the company results…
According to this article and also verified on E-Trade, Axar Capital Management L.P. purchased 3,925,660 shares of StoneMor Partners L.P. stock on Wednesday, October 30, at an average share price of $1.00 per share. That share price indicated the 52-week low for the stock which had traded as high as $5.01 just over a…
