Business

Australian funeral bid company competes against Public Firms

By Funeral Director Daily / May 4, 2018 /

If you have followed the death care industry in Australia you would see that large public companies InvoCare and Propel Funeral Partners are seeking to gain market share via acquisitions.  This is nothing new in the funeral industry where unit “roll-ups” have been in vogue since the 1960’s. If you are a free-market person you…

Cremation Society of New Hampshire Expands into Vermont

By Funeral Director Daily / May 2, 2018 /

The Phaneuf Funeral Homes and Crematorium announced last month, according to this article in The Manchester Link, that they had purchased the Ker Westerlund Funeral Home which has served the Brattleboro, Vermont, area for more than 150 years.  The Phaneuf family of operations also includes the Cremation Society of New Hampshire and this location will…

A Cautionary Tale of Ownership Partners

By Funeral Director Daily / April 30, 2018 /

Every day people around the world dream of owning their own business and having the ability to be in charge of their own destiny.  It is the way capitalism and the freedom to invest in your dream works.  However, sometimes a partner is necessary to help a budding entrepreneur make the reach for a down…

Memorial Mortuaries and Cemeteries Awarded “Best of Utah”

By Funeral Director Daily / April 24, 2018 /

The death care branch of public company Security National Financial Corporation, Memorial Mortuaries and Cemeteries, was awarded two of the Best of State Awards in Utah recently.  You can read about it in the company’s press release here. The Best of State Awards were presented in the categories of Best of State for Funeral Services…

Settlement Reached in Mississippi Coroner Lawsuit

By Funeral Director Daily / April 23, 2018 /

Just last Friday we reported of a case that was in trial concerning the issue of six Mississippi black-owned funeral homes believing that they did not receive as many death calls, proportionately,  from the coroner of Harrison County as white-owned funeral homes did. The plaintiffs were asking for $870,000 in damages for the years 2012-2016.…

Evidently, Price Matters

By Funeral Director Daily / April 19, 2018 /

Dignity, PLC, the British based conglomerate reported revenue for the 1st quarter of 2018 the other day.  The company reported revenue of       US$ 135 million for the quarter as compared to revenue of US$ 132 million for the 1st quarter of 2017.  That is an increase of 2.2%. The increased revenue number is…

InvoCare opens “Funeral Home of the Future” in Victoria, Australia

By Funeral Director Daily / April 19, 2018 /

Australia’s leading provider of funeral and cremation services, InvoCare, announced on April 17th that their newest funeral home has been opened in Dandenong, Victoria.  According to their press release which you can read here, “Industry and consumer trends show customers are increasingly looking for a contemporary environment that provides a range of products and services,…

Chinese “Americanizing” Death Care Industry

By Funeral Director Daily / April 17, 2018 /

I recently read an article in TheHindu.com that you can read here pertaining to the growth of the Chinese death care industry.  For many years the process of death care in China was one of the family going to a central government cremation center, and watching as their loved one was loaded into the crematory…

Trailblazing Woman Owner Still on the Job

By Funeral Director Daily / April 11, 2018 /

The Lockport (NY) Journal recently ran an article on funeral director Amy Lange in their Editor’s Pick Section.  The article, that you can read here, deals with the Lange Funeral Home and Ms. Lange’s unique position in the funeral industry as a female owner/operator for the past 34 years. It turns out that Amy Lange…

Jake Johnson on the Merger and Acquisition Market

By Funeral Director Daily / April 10, 2018 /

With so much talk about the mergers and acquisitions in the death care industry of late, I thought it would be insightful to get the thoughts of Jake Johnson, President and CEO of Johnson Consulting Group on the subject. Mr. Johnson guides the company whom many consider to be the premier total solutions provider in…