Business

Business

Don’t let inflation leave your business behind

The time to set your budgets for 2022 is fast approaching.  To make your business turn into profits, and your work worthwhile, it is imperative that you realistically look at the services you provide and the mix of those services so that you can have an accurate idea of the revenue you are going to bring in during the next business year.  It is also imperative that you look at the expenses that you are going to incur with some […]

Business Regulations

Where have all the men gone?

I think we have all seen it, but have we ever looked at the statistics and questioned what has happened.  The “it” I’m talking about is women in the workplace over the years and the correlation of “Where have all the Men gone”? In the death care business we have seen the rise of the female funeral directors.  I attended mortuary college in the late 1970’s with one female in my class of about 50 students.  This year I attended […]

Business Products

More companies hope to cash in on the changing face of Death Care

I recently read this article where Bank of America has profiled 14 future “moonshot” technologies that they believe could offer vast wealth to those who are lucky enough to invest in them.  In reading that article, I realized that, to a certain extent we have, maybe not moonshot technologies, but at least planetary technologies in the death care business finding funding almost every day.  In essence, there is a lot of interest in the “new technology” of Death Care. Bank […]

Business

Several Florida funeral homes and churches pledge “no indoor funerals”

We recently learned, in this video story and print article from News 6 Orlando, that a group of about 30 churches and six funeral homes in Marion County, Florida, have decided not to hold indoor services for the remainder of 2021.  According to the article, “After hearing that many funeral homes . . . .  are overwhelmed with funerals related to COVID deaths, local pastors held a conference call with funeral home directors and medical professionals.” That call led the […]

Business Regulations

The vaccine mandate. . . your business, your employees

“We have been patient.  But our patience is wearing thin, and your refusal has cost us all.”  According to this article from Yahoo Finance, those were the words of President Joe Biden when he announced last Thursday the upcoming Covid-19 vaccine mandates for American businesses. According to this article from Yahoo Finance, “a new Labor Department “emergency temporary standard” will require all companies with 100 employees or more to assure all workers are vaccinated against the coronavirus, or test unvaccinated […]

Business

We just passed Labor Day. . . time to start planning for next year

When I was in my working and funeral home owning/ managing years Labor Day passed and Angie got the kids off for a new school year and I started the financial planning for the next year at the funeral home.  Yes, the 3rd Quarter was not even completed in the current year and there was almost a full four months left until New Year’s Day, but planning and starting to move on that plan took time. As I have mentioned […]

Business

A perspective on the times, what we do. . and why

I was going to write today’s article on some business things to check into after Labor Day.  However, that article will wait until tomorrow.  When I read the Minneapolis Star Tribune editorial pages yesterdayI came across a short article written for the 1981 Labor Day.  You can access that article here. Now 1981 — that’s 40 years ago.  It also happens to be the first Labor Day for me after I had been a full-time employee for at least one […]

Business Regulations

Cleaning off the desk. . . .items to ponder for the long weekend

America moves into the Labor Day weekend today which generally signals for our family that Summer is coming to an end and it is “Back to School” time.  For us that historically has meant boats off the lake and put into storage for the winter and our two sons heading back to school. Well, it’s been an unusual summer in that low water because of a Minnesota drought caused us to pull our boats off the lake early. . . […]

Business Regulations

National report: U.S. death rate to be elevated until 2023

The United States released its annual report by the Trustees of the Social Security and Medicare Programs earlier this week.  In that report, which you can see a summarized article here, we get an idea of what the federal government thinks about death rates going forward. The report concludes, as to the national death rate, “The federal government expects U.S. mortality rates to be elevated by 15% over pre-pandemic norms in 2021 and not return to normal until 2023.”  The […]

Business

Welton Hong: “Putting your Marketing Money into the Community”

Editor’s Note:  Today we bring you some information on marketing your funeral business in your own community.  This article is written by funeral industry marketing expert, Welton Hong.  Let’s look at local marketing opportunities that generate community goodwill while also getting your funeral home’s name out there. Here are some ideas to consider:  Sponsor a Local Sports Team Recreational sports leagues and youth travel teams have many expenses, including costs for uniforms, equipment, and maintenance for fields. They often turn […]