Funeral Director Daily
I’ve been able to receive a private report from November 2017 on the State of the American Casket Market. It is an extensive report that goes into who are the players in the industry, what is the market like, who has what percentage of market share, what is the profitability of the industry, and attempts…
Back in the 1990s as our State of Minnesota began allowing insurance policies to be a repository for pre-need funeral arrangement funding, many funeral homes, mine included, started insurance agencies in order to profit from the decision. Since, Minnesota is a 100% trusting state, prior to that decision if a family gave you $5000 to…
Yesterday I mentioned that for small funeral homes more than 75 miles from a major metropolitan area it would be wise to be bold in pricing of cremation services. I mentioned that if you are that far away from a large metropolitan area families in your service area will feel comfortable using your firm –…
Last week we published news releases concerning acquisition companies Carriage Services and Park Lawn Corporation purchasing funeral properties. Public companies release their information for all kinds of purposes, including publicity, and we print it. However, we feel it is important to let our readers know that small funeral homes are profitable and active in the…
Funeral Director Daily recently received an article and video clip from a New Zealand source that captures via dashcam a New Zealand hearse driver going through an intersection. While that is an every day occurrence anywhere in the world what makes this clip different is that the back door of the hearse flies open and…
Park Lawn Corporation announced last week that they had purchased Christie’s Funeral Home and Crematorium in Yorktown, Saskatchewan. The announced purchase price was $1.96 million (Canadian). You can read the press release here. The company announced that it was a strategic fit and will build upon their operations in Manitoba and Saskatchewan. They also announced…
