Funeral Director Daily

Seeking Alpha on SCI: “Negative scenario could be favorable for this industry consolidator”

By Funeral Director Daily / September 25, 2023 /

    This morning’s edition of Funeral Director Daily looked at the situation that death care companies could be in if inflation and the high interest environment we are in stay with us for some time.  Interestingly enough, Seeking Alpha author Gustavo Larraga Tapia published an article last week where he opined that death care…

Looking Forward: Will interest rates and inflation continue to affect your operation?

By Funeral Director Daily / September 25, 2023 /

    We know where we have been as interest rates and inflation have moved upwards in the last two years. . . but, do we know where we are headed with those items and how their future directions will affect our businesses going forward?   I found some information that may be helpful to…

Will “young people” bring back the funeral

By Funeral Director Daily / September 22, 2023 /

  Funerals, cremations, memorial services, and other Death Care purchases by the consumer are not done in a vacuum.  Consumers make all kinds of decisions on purchases with all kinds of products and services and sometimes those decisions change over time as to the overall philosophy of the purchase.   It’s no secret that in…

More from the floor. . . . Supplier news from the NFDA Convention

By Funeral Director Daily / September 21, 2023 /

  My favorite time annually at the National Funeral Directors Convention (NFDA) is when I get to roam the Expo Hall among all of Death Care’s suppliers and just visit.  Sometimes it is about new and exciting products and sometimes it is just catching up with an old friend. . . . . and sometimes…

Park Lawn Corporation discussed in Seeking Alpha article

By Funeral Director Daily / September 20, 2023 /

  Part of our mission at Funeral Director Daily is to help the individual funeral home owner or operator understand all facets of their business better and in more depth so that they have the knowledge to make decisions moving forward.  In my 35 years of owning and operating a funeral home I tried to…

Lesko purchases Parente Funeral Home in Connecticut

By Funeral Director Daily / September 19, 2023 /

    From the website of the Parente Funeral Home of Bridgeport, Connecticut comes the announcement that “Kevin Lesko has purchased Parente Lauro Funeral Home, of Bridgeport, from Michael Parente. To assure the seamless transition of his family’s longstanding service, Michael has joined the new funeral care firm. . . . Effective September 1, 2023,…

Here’s some news funeral home owners won’t want to hear. . .

By Funeral Director Daily / September 19, 2023 /

    It had not really occurred to me with everything else that is going on in our economy.  However, one of the expenses that is necessary for a funeral home with a fleet of automobiles, including expensive funeral coaches, is that expense category of insuring those four wheeled vehicles.   And, in this recent…

New Loewen Group movie drives readership

By Funeral Director Daily / September 18, 2023 /

      It’s the middle of the month when Funeral Director Daily recaps our top read stories of the past 30 days.  This month we have proved that our search engine presence is alive and well as a story that originally ran in 2018 was the top read story of the month.   Of…

Viva Las Vegas!!!!. . . Impressions from the NFDA convention floor

By Funeral Director Daily / September 18, 2023 /

    I recently returned from Las Vegas where I spent a couple of days attending seminars, walking the Convention Expo floor, and just catching up with old friends.  For me, “Vegas” is a fun place to go — for about two days — and then I’m glad to be back in “dull” but beautiful…

SCI building funeral home on cemetery grounds in Virginia

By Funeral Director Daily / September 15, 2023 /

  This article from a recent edition of the Roanoke Times of Virginia mentions two funeral homes being built within a half-mile of each other in that community.  At Funeral Director Daily we found that intriguing because we have noticed that with the rise of interest rates coupled with the uncertain sense of large traditional…