Funeral Director Daily

Park Lawn shareholders approve sale, take-private move

By Funeral Director Daily / July 31, 2024 /

      If you missed Tuesday morning’s article entitled “The ‘Roll-up” model. . .these analysts don’t think it is so great”, because of our technology issues, you can access that article here.     It was no surprise that Park Lawn Corporation shareholders approved the sale and take-private movement of Park Lawn Corporation in…

Read More

Sunset App announces its “Free Estate Asset Discovery” tool

By Funeral Director Daily / July 31, 2024 /

      Any funeral director who has been around for any length of time has had an arrangement for the fictitious bachelor, “Uncle George”.    Now, “Uncle George” died suddenly and his family members are sitting across the table from you wondering about funeral arrangements. . . .   You tell them, “Uncle George…

Read More

The “Roll-up” model. . . these analysts don’t think it is that great

By Funeral Director Daily / July 30, 2024 /

    It’s interesting that on the same weekend that I was putting together yesterday’s article on the July 29 Park Lawn Corporation vote on acceptance of an offer to take the company private I uncovered a current article and podcast dating from July 12.  The article, from Intelligent Investor of Australia, deals primarily with…

Read More

It’s July 29. . . Will Park Lawn Corporation be going private? What does that mean for Homesteaders Life?

By Funeral Director Daily / July 29, 2024 /

    It suprised many in the Death Care community when this press release came out late on Monday, June 3, announcing that a new company, made up of preneed provider Homesteaders Life and private equity firm Birch Hill Equity Partners, would be seeking to acquire publicly-operated funeral home and cemetery business Park Lawn Corporation.…

Read More

Demographic changes will drive business. . .and your funeral home’s value

By Funeral Director Daily / July 26, 2024 /

    I came across this recent article from Yahoo Finance titled “Climate change is ending the Sun Belt boom” and it reminded me how demographics can and will affect the operations of your funeral home.  The short article was very interesting and contends, with the use of decade maps over the past 50 years…

Read More

Hoff Funeral Home and Cremation Service adds to their Minnesota holdings. . and more Hoff news

By Funeral Director Daily / July 25, 2024 /

    It was recently announced in this article from the Fillmore County Journal that Hoff Funeral and Cremation Service recently acquired the former Riley Funeral Homes in both Lanesboro and Chatfield, bringing their number of locations in southeast Minnesota to eight.  The 3rd generation funeral business has quietley grown itself into one of Minnesota’s…

Read More

Cremation has grown to a rate where growth is now “decelerating”

By Funeral Director Daily / July 24, 2024 /
CANAofficialLogoOctober2022

  It was back in June when the Cremation Association of North America (CANA) issued its 2024 Annual Statistical Report.  That report showed as CANA said, “. . . “the national cremation rate has grown steadily and predictably for the last 50 years, indicating that neither the recession nor the pandemic have influenced the growth…

Read More

Moving preneed thoughts to the consumer mind

By Funeral Director Daily / July 23, 2024 /

    I think it is a pretty well established fact that if a funeral home can get families to talk about what they want to have done at their eventual death the funeral home has a much better chance to pre-arrange that family into some type of financial arrangements to be used at the…

Read More

Upcoming WilbertEDU seminar is timely for learning long-term success

By Funeral Director Daily / July 22, 2024 /

  I found it more than a coincidence that the same day I received this press release for the next WilbertEDU session that Yahoo Finance published this article titled “Gen Z is projected to become the largest, wealthiest generation”.  It was coincidental because the WilbertEDU session will feature the topic “Bridging the Generational Divide in…

Read More

Unclaimed bodies: Growing and a threat to your financial success?

By Funeral Director Daily / July 22, 2024 /

    If you do research like I do about the Death Care profession you come across lots of articles that talk about county morgues running out of room to hold human remains.  And, one of the big reasons is that so many human remains are going unclaimed in this day and age.   When…

Read More