Business

Business Products

Financial strategies with capital investments

A couple of weeks ago Funeral Director Daily did a couple of articles dealing with working on an operating budget for funeral homes.  We looked at both the income and the expense sides and told you of how we budgeted over the years for profit. . . .even if our call numbers came in lower than expected. Over the years I’ve often thought and have come to believe that there are three main objectives in a triangle that build a […]

Business

The perception of our integrity

“Where have you gone Joe DiMaggio”.  Those were the lyrics of the Simon and Garfunkel song “Mrs. Robinson” released in 1968.  The country was in the summer of a presidential election and was mired in a controversial war in Viet Nam at the time.  The lyrics harkened back to a simple time in America. I took the time the other day to Google lists of the most trusted professions in America and if those two artists would compose that song […]

Business

Will we see shifts in funeral home employment post-pandemic?

I’ll tell you right away that this is one of those articles I write that you probably won’t get any answers from.  As a matter of fact, I hope you go away from today’s article asking questions and thinking about the future.  It’s the kind of article that I like writing, though . . . because it is all thought and conjecture. . . I can’t be proved wrong, yet!! So, I read a couple of articles over the weekend.  […]

Business

Renew your commitment

Funeral directors are interesting creatures.  We live to serve. . . . that doesn’t happen in every profession. I told my wife the other day as we live in this pandemic world every body seems to have all the answers.  Politicians are acting as scientists, scientists are acting like politicians, parents know more than the teachers, teachers know more than the administrators, and every where you turn. . . . somebody has an answer . . and that answer always […]

Business

Building brand awareness, perception, and image

So many times when I’m writing a an article I find something in that article that jogs my mind about another aspect of funeral service, or business, or life in general.  In yesterday’s article I mentioned “Top of Mind Awareness” as something that your business or your brand wants your potential customers to have. I used to think of “Top of Mind Awareness” or TOMA for our funeral home as something that was absolutely vital to grow our business.  So, […]

Business Regulations

Death care, change, transparency, and the consumer perspective

Over the weekend I had the opportunity to read two different articles with two different perspectives of the death care business.  One article brought out criticisms of our professions that some in the consumer world have held since the days of Jessica Mitford and her 1963 book entitled “The American Way of Death”.  That article, that you can read here,  was entitled “How to Die in Texas” and was published last week by a publication called the Texas Observer. The […]

Business

Weekend Edition. . . milestones, cleaning off the desk. . .some information for our readers

I’m not a bah, humbug type of guy. . . .I actually love the holidays. . .all of them.  However, shopping for a Christmas tree, dragging it home, and getting it set up is not one of my favorite things to do.  I should be grateful because Angie does all the hard work like decorating the tree and the house. . . . my only jobs are to get the tree home and get the tree set up for her […]

Business

Funeral Home Budgeting — The revenue side

As we told you yesterday, we are re-running our budgeting articles that received such good response from funeral home operators in November 2019.  Budgeting is, well, budgeting, but there are always new wrinkles to account for. While we have, for our example,  simply delineated our revenue numbers by cremation case or earth burial case, if we learned nothing else in this COVID-19 year, it is that death care cases will become more and more varied over time.  There will be […]

Business

Funeral Home Budgeting. . . the expense side

I’m taking the time today and tomorrow to re-run articles from last November on funeral home budgeting.  I posted these articles last year and had many positive comments and since we have many new readers since then, I figure that maybe my thoughts on budgeting — both the expense side and the revenue side — may be of interest to some. I like numbers, planning, and budgeting.  It was always somewhat of a game to me and I always enjoyed […]

Business Products

A couple of choices for future success in the death care space

Now that I’ve finished reporting on the quarterly reports of the large “established” companies in the death care realm, I thought it would be interesting to give my insight on a couple of  companies  that I think have a great potential to  “grow” into larger companies or services in the future. And while Tribute Technology reportedly just sold for over $1 billion, you will probably see that my short list is a little light in, what would generally be considered […]