I have a son that works in the automotive industry and we’ve discussed their lines of revenue quite often. For instance the average dealership has about six primary lines of revenue – new car sales, used car sales, the service or repair center, a collision repair center, a leasing center, and a financing center. At any given time some of those lines may be bringing in revenue. . sometimes dependent on the economy and supply chain. In the funeral home […]
Wilbert Funeral Services, Inc., (WFSI) the leading provider of burial vaults and cremation-related products and services in North America, is pleased to announce the launch of their new Cremation Choices Catalog on October 1st. Wilbert Merchandising Manager, Mike Devaney stated, “We are excited about the new expanded catalog. We are adding 80 new urns and mementos to our line of over 300 cremation products. Our goal is to give our licensee network and the funeral home customers they serve the […]
It is our custom at Funeral Director Daily to post the top-read stories of the past 30 days at the middle of every month. Just in case you missed one or two of them. . here they are. In addition we are putting out some information for that you may find useful pertaining to the CANA Peer Network and new offerings from the NFDA’s podcast series, A Brush with Death. Here are Funeral Director Daily’s top-read articles from August 15 […]
On the same day that the Dow Jones Industrials average dropped the deepest in the past two years (Tuesday, September 13) Seeking Alpha author Austin Rogers opined in this article that death care conglomerate Matthews International (MATW) would be one of his Top 3 picks to choose as a stock in the category “Cheap Dividend stocks to consider”. Here’s a little of what was said in the article: As you can see below (in a chart), the legacy memorialization segment, […]
Collecting of accounts receivables has came a long way from the 1930’s when a funeral home just asked the client family to “settle up” when ready. Today’s use of cash-flow makes it imperative that funeral homes reduce the amounts of money they have “on the books”. In addition, helping families receive money due them from insurers in a timely fashion is a great benefit to them in trying times also. To that end, C&J Financial, America’s #1 provider of insurance […]
The Cremation Association of North America (CANA) recently wrapped up its 104th Cremation Innovation Convention in Atlanta, Georgia. More than 60 exhibitors offered solutions for business to all kinds of convention attendees. Barbara Kemmis, Executive Director of CANA made these comments, “After two years of pivoting, it was wonderful to be surrounded again by the kind of energy you only get from a Convention. CANA Conventions are where we celebrate new leaders, build connections with colleagues, and get inspired by […]
On Thursday, September 1, Wilbert’s WilbertEDU continuing education series will feature author Jessica Vitalis discussing her 2021 book, The Wolf’s Curse. Here’s what Wilbert says about the topic: “In this WilbertEDU session, Jessica discusses grief in children’s literature and how she came to write The Wolf’s Curse, which chronicles the journey of a 12-year-old apprentice named Gauge. Join us as we learn about Gauge, his journey, and why the topic of grief in children’s literature is so important.” One hour […]
Last week Seeking Alpha contributing author Daniel Jones authored an article highlighting death care funeral home and cemetery operator Carriage Services. Here’s some of what he says in the article, “Although it may sound morbid to say, the death care space is a particularly interesting area for investors to explore. In a world where the population continues to grow, the demand for these services is also destined to grow. And one of the few companies that operate in this space […]
President Biden signed the Inflation Reduction Act into law yesterday. There’s a lot in it. . . how will it affect you and your business? Our friends at Clifton Larson Allen have some ideas. Here’s just one aspect of the law that may affect your business that I noticed in the CLA report: “A tax increase on business owners operating as a sole proprietor or pass-through entity (i.e., entities taxed as partnerships, S corporations, or LLCs) that has not […]
Just a short note before I give you the Top Read articles for the past 30 days. I want to Thank You for reading Funeral Director Daily. Last week we topped the 30-day running total of 15,000 page views for the first time ever. As of today, I’m writing this on Saturday, August 13, we are at a 30-day running total of 15,307. In August of 2020, that number was 9,093 — so we have had an increase of 68.3% […]
