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I often tell people in funeral service that with Funeral Director Daily “I don’t break the news, I just tell those in the profession what I’ve heard, what I’m seeing, and what my opinion on the subject is.” I’ve secured a pretty good following by doing that and giving busy death care professionals…
Mathews International’s sales rose about 7.8% year over year for their 2nd Quarter of 2023 as compared to the same quarter of 2022. Matthews is on a fiscal year so their 2nd Quarter comprises the months of January, February, and March. Most of the sales increase occured in Matthews Industrial Technologies segment. …
Earlier in April Parting Stone and its CEO Justin Crowe appeared on an episode of Shark Tank looking for potential investors to help move the company along into the mainstream of post-cremation remains options. And, while that happened as the company took an investment offer from well known Sharks Kevin O’Leary and Lori…
I’ve been maligned and others in the profession have told me I am wrong when I say the funeral directors and funeral home owners can be “Entrepreneurial”. Several people have dropped me notes or emails that tell me I am “dead wrong” and death care is a business that is not entrepreneurial, but…
It’s been an interesting month to be watching what is happening in the South Pacific if you are a investor in the death care business. TPG Capital, a large United States private equity company, made an unsolicited offer for InvoCare, the largest death care provider in Australia and New Zealand about one month…
I continue to be one of the dwindling daily hard copy newspaper readers left in America. It must be hereditary as my father subscribed to both the Minneapolis Tribune morning newspaper and the Minneapolis Star evening newspaper when I was growing up. I can remember vividly coming home from elementary school and spreading…
By guest writer Joe Weigel. Have you ever looked in your local paper’s obituary section or checked out a competitor’s website and asked, “How did we lose that family? We’ve served them for generations.” The fact is – most funeral homes devote a substantial amount of effort and investment to landing new…
We’ve advised readers of the financial problems that small church and civic cemeteries have in today’s world of less earth burials. Revenue is tougher to come by as cemetery grave lot purchase revenue is not received in a great proportion of today’s deaths. That eventually leads to less money in perpetual care accounts.…
