Funeral Director Daily

Ohio funeral home expands by purchasing a neighbor

By Funeral Director Daily / February 2, 2023 /

    This article from the Canton Repository announced last week the purchase of Canton, Ohio, based funeral home Kreighbaum-Sanders Funeral Homes by Alliance, Ohio, based Cassaday-Turkle-Christian Funeral Home.   Cassaday-Turkle-Christian’s Adam Christian made the following comment, according to the linked article, “We are honored that the Sanders family has given us the opportunity to…

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Matthews International reports Fiscal Year Q1 . . . increases total revenue, but Memorialization sales fall

By Funeral Director Daily / February 1, 2023 /

  Public company Matthews International, with a stake in the death care business, reported their Fiscal Year 2023 First Quarter last week and in doing so reported a company-wide quarter over quarter sales revenue increase of about 2.4%.  The entire revenue increase, however, comes from their much heralded investment in the energy storage solutions business.…

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How’s your “Focus”?

By Funeral Director Daily / January 31, 2023 /

    “Focus” is defined by the Oxford Dictionary as “the center of interest or activity”.  We hear the word a lot.  For instance if you want to improve your golf game you might be told, depending on your present strengths, to “focus” on your weakness. . . and improve it, whether that is driving…

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Merchandising your Service Charge

By Funeral Director Daily / January 30, 2023 /

    Alan Creedy and Danny Jefferson are two veterans in the death care business.  They have not only managed and owned funeral homes but have advised hundreds of death care operators.  The two of them put out a podcast entitled “Two Guys and a Question“.  I recently listened to one of their podcasts that…

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Cremation — already the “New Tradition”

By Funeral Director Daily / January 30, 2023 /

  It’s no secret that as a percentage of dispositions, cremation continues to grow.  This article from Forbes entitled “Cremation is gaining popularity as funeral costs rise”  gives that indication and their thoughts on why that is so.   Forbes states in the article that over the last 15 years the United States cremation rate…

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How do consumers come up with the money to pay for funerals?

By Funeral Director Daily / January 27, 2023 /

    Yesterday we took a look at how funeral merchants should expect their clients to pay for the services that they select.  Our article took a look at crowdfunding, credit cards, savings, and, of course, preneed funding.  And, we concluded that as good as it is to get payment done and out of the…

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Paying for a funeral

By Funeral Director Daily / January 26, 2023 /

  I ran across this article the other day that is entitled, “Financing a Funeral:  Crowdfunding, insurance, credit cards, loans, and payment plans”.  The article comes from a publication called “The Enlightened Mindset” and appears directed towards the consumer.   I don’t think it is a “bad” article, but you can also tell it is not…

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Will “State of Mind” affect the acquisition market in 2023?

By Funeral Director Daily / January 25, 2023 /

  People from not only the United States, but from almost every country around the world have seen a whip-saw of economic conditions since the pandemic year of 2020.  It was a pandemic economy that saw the “stay at home” commerce of technology and furniture or home improvement sales grow by leaps and bounds and,…

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Dignity plc accepts buy-out offer

By Funeral Director Daily / January 24, 2023 /

  According to this article from Yahoo, Great Britain’s largest public death care company, Dignity plc, has accepted a buyout offer from a consortium that includes its largest shareholder group and one of the country’s wealthiest and well-known entrepreneurs.  The shareholder group is Phoenix Asset Management Partners (PAMP) which, in another interesting twist, is managed…

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. . . . the latest on past stories

By Funeral Director Daily / January 23, 2023 /

    Last week Funeral Director Daily published a couple of stories that had more published on them after our articles ran. . . We thought we would take an  Afternoon Edition to put those stories back in front of you in case you wanted to learn more.   First of all, we published a…

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