Funeral Director Daily

European Union proposes restrictions on Formaldehyde

By Funeral Director Daily / November 26, 2018 /

Over the weekend I found a couple of articles originating from Great Britain about the European Union and its proposal to restrict the use of formaldehyde in the EU.  The articles point out that it is not a “ban” on formaldehyde use but a “restriction” that has the ability to change the way some consumers…

Black Friday edition

By Funeral Director Daily / November 23, 2018 /

It’s Black Friday and we are taking the day off to try to stimulate the economy.  Have fun, enjoy the day.  Here are some links on recent articles.  We will return to our normal course on Monday. Here is an article with an update on the new Veteran’s Administration Cemetery to be built in upstate…

Happy Thanksgiving

By Funeral Director Daily / November 22, 2018 /

Enjoy the day. . . . Family, Football, and Food.

Hillenbrand reports 4th Qtr and Year End results

By Funeral Director Daily / November 21, 2018 /

Hillenbrand Industries, parent company of Batesville Casket, reported 4th quarter and year end earnings last week.  You can read the company’s press release here. For the year the company’s revenues increased 11% to $1.77 billion.  As you may know the company operates in two general segments, the Processed Equipment Group and the Batesville Group.  The…

Spanish province backtracks on cremation ban of the obese

By Funeral Director Daily / November 20, 2018 /

Spain’s Valencia region backtracked on some proposed regulations concerning cremation last week.  The area had issued proposed regulations for human cremations as the practice is growing in demand in the area.  The governmental region had mentioned that they are concerned with, and want to curtail, emissions from incineration. You can read about these ideas here.…

Budgeting — The Expense Side

By Funeral Director Daily / November 20, 2018 /

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…

Matthews — Revenues, Dividend, Stock Price — All up!!

By Funeral Director Daily / November 19, 2018 /

Matthews 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…

Working for the Weekend. . . .

By Funeral Director Daily / November 16, 2018 /

As 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…

It’s not all about Social Media

By Funeral Director Daily / November 16, 2018 /

Sometimes 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.…

Park Lawn 3Q Results Released

By Funeral Director Daily / November 15, 2018 /

Park 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…