Business
Earlier in August Funeral Director Daily penned an article about being “creative” in your work about memorializing those who you are entrusted to care for. The article, which you can read here, went so far as to start considering the room where you discuss situations with families that you are serving as the “Creative…
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I read this article in yesterday’s Yahoo Finance Morning Briefing and it reminded me of the lengthy “staying power” of family funeral homes in their localities. The article topic is that of how in only 15 years 90% of the companies that were the 10 most dominant in the world (according to market capitalization)…
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Do you ever see companies, or maybe your competitors, with “Star Rankings” and reviews that seem better than the rest? Well, it appears that the Federal Trade Commission (FTC) has and they are doing something about it. According to an article that I read, FTC Chair Lina Khan made the following statement,…
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In a press release Propel Funeral Partners of New Zealand announced a somewhat unusual acquisition. Propel announced in July that they had completed the acquisition of Decra Art. Decra Art is believed to be New Zealand’s largest monument and headstone manufacturer. According to their website that you can access here, they stock…
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What can only be described as “lax” and “unprofesional” conduct around the world in the funeral profession during the last several years is starting to get attention by governing bodies. There has been pretty high profile “unethical conduct” cases in Colorado and Great Britain, among other locales, which is now leading government authorities…
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The funeral and cremation business continues to evolve. . . . But, are we stuck in some of the “same old business” methods and way too slow for today’s consumers to keep us relevant? That’s a question that I asked myself last weekend. Let’s go back to the early 1900’s and the…
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Next week we will be commenting on how the public companies in Death Care have done over the 2024 2nd Quarter, but it is always good to be reminded that the individual owners and operators are the ones that truly drive funeral and cremation care. . . . .And, it’s good to be reminded…
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Funeral home owners and managers in the United States, and around the world, have had a lot on their business management plates in the 2020’s decade. Along with the continual increasing use of cremation and direct cremation instead of casketed burials came the pandemic, then inflation, which when measured by the Consumer Price…
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Any funeral director who has been around for any length of time has had an arrangement for the fictitious bachelor, “Uncle George”. Now, “Uncle George” died suddenly and his family members are sitting across the table from you wondering about funeral arrangements. . . . You tell them, “Uncle George…
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I came across this recent article from Yahoo Finance titled “Climate change is ending the Sun Belt boom” and it reminded me how demographics can and will affect the operations of your funeral home. The short article was very interesting and contends, with the use of decade maps over the past 50 years…
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