Business

Flashback to the Loewen Case

By Funeral Director Daily / January 5, 2018 /

Over the New Year’s Holiday I noticed a small blip in a Mississippi newspaper, the Sun Herald, which announced the fact that Jeffrey O’Keefe, Jr. of Gulfport has been named President of Bradford-O’Keefe Funeral Homes. It goes on to say, as you can read here, that Mr. O’Keefe is a sixth generation family member in…

What We See for 2018

By Funeral Director Daily / January 4, 2018 /

It is always fun when the ball drops in Times Square at the rise of the New Year to think about how the future will be affecting you.  Thinking about what will happen in the death care industry in North America is not something that comes to everybody’s mind, but if you make your livelihood…

Fire Destroys Georgia Funeral Home

By Funeral Director Daily / December 28, 2017 /

One of every owners worst nightmares came true on Tuesday, December 26, to Jerry Lee Taylor, the owner of Taylor Funeral home in Gibson, Georgia.  Early that morning fire raged through his funeral home in the rural Georgia town as explained in a story and video seen here from WJBF Television of Augusta, Georgia. According…

Competition and Collaboration in Staffing

By Funeral Director Daily / December 27, 2017 /

Last week I wrote an article dealing with the professional staffing shortage in the death care industry.  While there is some question, depending on who you talk to,  as to whether the funeral service staffing shortage is  perceived or real, there is no doubt that the economy keeps humming along in America and Economics 101…

More on the U.S. Casket Industry

By Funeral Director Daily / December 21, 2017 /

The other day I told you that I had become privy to a report done on the state of the American Casket industry.  We gave out some insights on the industry and both its past decline and its probable future decline in units sold and dollar amounts sold. One of the things that I found…

The American Casket Market

By Funeral Director Daily / December 19, 2017 /

I’ve been able to receive a private report from November 2017 on the State of the American Casket Market.  It is an extensive report that goes into who are the players in the industry, what is the market like, who has what percentage of market share, what is the profitability of the industry, and attempts…

Small Funeral Homes and Being Bold in Cremation Pricing – Part 2

By Funeral Director Daily / December 14, 2017 /

Yesterday I mentioned that for small funeral homes more than 75 miles from a major metropolitan area it would be wise to be bold in pricing of cremation services.  I mentioned that if you are that far away from a large metropolitan area families in your service area will feel comfortable using your firm –…

Small Funeral Homes and Being Bold in Cremation Pricing – Part 1

By Funeral Director Daily / December 13, 2017 /

It’s Sunday morning and I’ve just read the Minneapolis Tribune and, as I always do, perused the obituary section to not only see the obituaries but also to look at the death care related ads in it.  Last evening I was looking to book airfare for a winter trip for my wife and I –…

Pennsylvania Family Funeral Home To Change Hands

By Funeral Director Daily / December 11, 2017 /

Last week we published news releases concerning acquisition companies Carriage Services and Park Lawn Corporation purchasing funeral properties.  Public companies release their information for all kinds of purposes, including publicity, and we print it.  However, we feel it is important to let our readers know that small funeral homes are profitable and active in the…

Service Corporation Announces New Debt Arrangement

By Funeral Director Daily / December 8, 2017 /

Service Corporation International (SCI), a funeral care public company and a component of the Funeral Director Daily Death Care Index (DCI), on Tuesday announced a new debt arrangement moving forward.  The company announced that it has priced an underwritten public offering of $550 million Senior Notes due in 2027.  The notes have been priced at…