Funeral Director Daily
Last week I shared some of the ways I had developed a budget that allowed me to produce maximum profits to the business even in years when our death numbers fell short of what we really wanted or expected. I talked on the revenue side of the budget and how discipline in planning can lead…
Read MoreMatthews International, the Pittsburgh based consolidated company with a division in the death care industry that deals with memorials, cremation equipment, caskets, and more, had an interesting Friday after releasing their 4th quarter and year end earnings on Thursday. You can see a press release of their results here. For the year the company reported…
Read MoreAs we finish up the work week and head into the weekend here are a couple of stories that we really didn’t get a chance to present that we though you might be interested in. . . Park Lawn Corporation provided a secured loan of C$ 6.2 million to a funeral home…
Read MoreSometimes if you listen to some of the younger self-proclaimed death care industry experts, you would think that funeral service is only about getting your brand name on social media. And sometimes I’ve been accused of being a little old fashioned in my thinking about how to build a brand in the death care industry.…
Read MorePark Lawn Corporation, the Canadian funeral home and cemetery acquisition firm, released its results for their 3rd Quarter of 2018 earlier this week. You can see their Press Release here. The fast-growing death care public company announced that their revenues increased on a year over year basis for the quarter by 92.9%. They reported revenue…
Read MoreIn the past week two things have happened that have made me ponder the relationship between those two things. About a week ago I visited a rural funeral home that for years had done a very high majority of traditional funeral services that included embalming, visitation, casketed remains, a burial vault sale, and all the…
Read MoreSecurity National Financial Corporation, a member of the Funeral Director Daily Death Care Index (DCI) of public companies recorded 3rd quarter 2018 after-tax earnings of $2.014 million as compared to last year’s 3rd quarter profits of $1.097 million. You can read the company’s complete press release here. The company which operates in the Life Insurance,…
Read MoreGreat Britain’s largest operator of funeral homes, Dignity PLC, who own and operate 540 funeral homes continues to move forward with their transformation process that they announced earlier this year. The public company filed their 3Q 2018 report on Monday and with it we can see some signs of what direction the company is moving. …
Read MoreIn a press release last week that we caught on Globe Newswire and you can read here, StoneMor Partners has, according to the press release, added depth to their operational management. The release highlights the hiring of four veterans who have experience in the death care industry in cemetery, funeral home, acquisition, and management roles. …
Read MoreIt’s November and it reminds me that for over 30 years this was the time that I put the plan together that led to growing profits in our funeral business. I’ve often been amazed that in many businesses, including funeral service, profits sometimes just happened for certain firms because they just did a number of…
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