Funeral Director Daily

Podcast: Talking funeral plans with Avalon Funeral Plans

By Funeral Director Daily / September 27, 2023 /

  Prior to the July 2022 regulations put into place by the Financial Conduct Authority (FCA) in Great Britain there was little in the form of regulation for Preneed funeral plans in that country.  Preneed can be done a little differently than in the USA in Great Britain, but there is much to be learned…

Advertising to bring results

By Funeral Director Daily / September 27, 2023 /

  If you want to grow your business — whether through at-need or pre-need — there are some basics you need to understand about the consumer mind.  You also need to understand how to reach those consumers. . . . Today’s column will touch on both of those aspects and hopefully point out some strategies…

The Hispanic population and Death Care

By Funeral Director Daily / September 26, 2023 /

    I recently saw an e-mail alert from the American Heart Association with an odd title.  The title of this particular e-mail information item was “Caregiving a concern as U.S. Hispanic people age faster than other populations”.   I eventually realized that the headline did not mean that Hispanic people “get older faster” but…

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…