Business

Chicago Funeral Firms Closing

By Funeral Director Daily / August 15, 2017 /

Over the weekend I read a very interesting article that was posted to Chicago Business.  The contents of the article will come as no surprise to you — it is about the difficulty of funeral homes retaining margins and call volume and closing because of not being able to do that. One of the funeral…

SCI adds 13 locations in Allnutt Purchase

By Funeral Director Daily / August 8, 2017 /

The Loveland Reporter-Herald has recently reported that Colorado based Allnutt Funeral Service has been acquired by Service Corporation International and will become part of the company’s Dignity Memorial Network. Allnutt Funeral Service is a 131 year old company that was started in Greeley, Colorado and now has 13 locations.  According to Allnutt’s President, Rick Allnutt,…

Monday Morning “Snip-Its”

By Funeral Director Daily / August 7, 2017 /

As Funeral Director Daily starts to roll-out our product to the death care industry we will continue to feature one article per day on an industry happening and give our opinion on that article to be used for the benefit of our readers.  While we have tested our ideas and system we have also realized…

Making Your Mark in the Community

By Funeral Director Daily / July 27, 2017 /

I had never heard of Philadelphia funeral director Patricia Quinn until this morning.  However, in my morning search for articles that would be of interest to subscribers of Funeral Director Daily I came across People Magazines People.com story on her. It turns out that Ms. Quinn is a Philadelphia area based funeral director who back…

Learning from Down Under

By Funeral Director Daily / July 26, 2017 /

An article entitled, “This is Australia’s Most Expensive City to Die in” caught my eye.  However, in reading the article which was published in Australia’s Startsat60.com the main point about the difference in city’s costs was not what intrigued me. The article points out that in Australia an average funeral with burial would cost about…

A Sign of the Times

By Funeral Director Daily / July 24, 2017 /

Yesterday’s edition of the Morning Call, a newspaper covering the Lehigh Valley in Pennsylvania carried an article about a new crematory receiving permission to be installed by the Fullerton Wilbert Vault and Burial Company in the Lehigh Valley.  It goes on to say the the zoning board unanimously approved the installation  for a business that…

Funeral Home News from Wall Street

By Funeral Director Daily / July 20, 2017 /

I woke up Tuesday morning and noticed that Stonmor’s stock had plunged almost 11%.  In checking it out I noticed that the company issued a statement that they are in technical default on their revolving credit agreement and they mentioned that they may have more adverse events occur in mid-August.  The stock  was trading at…

Value of Intangibles in a Funeral Home Sale

By Funeral Director Daily / July 19, 2017 /

I happened to be watching a funeral industry podcast today and this question was asked of the “Expert” , “What value to the sale are pre-arrangement contracts that are not tied to the funeral home, but could be moved?”  The expert’s answer was something like this, “Absolutely nothing.  They can be moved to a competing…

Is Your Funeral Home Ready for this Situation?

By Funeral Director Daily / July 13, 2017 /

On Sunday I heard of a potential hostage situation at a funeral home in Las Vegas.  According to the Las Vegas Review it was not a hostage situation but a situation of a man threatening to shoot himself inside the Davis Funeral Home in Las Vegas. Authorities were called to the funeral home, roads —…

NFDA Publishes Annual Cremation and Burial Report

By Funeral Director Daily / July 12, 2017 /

Every year the National Funeral Directors Association (NFDA) publishes their Cremation and Burial Report.  This year’s much anticipated copy was released on July 6, 2017.  It is an interesting document filled with statistics, research, and dialogue that should be a must read for every person in the Death Care industry.  You can read it here.…