Business

2024 Business Story of the Year: Veridian Holdings takes Park Lawn Corporation private

By Funeral Director Daily / December 30, 2024 /

  Back in early June of this year (2024) many of us were surprised by this announcement that public funeral home and cemetery operator Park Lawn Corporation (PLC) had agreed to be acquired and taken private by a group known as Veridian Holdings.  Probably most consequential in that announcement was that one of the partners…

An Online Cremation “Ad-vertorial”

By Funeral Director Daily / December 26, 2024 /

  For the past 20 years or so since the advent of online news by the legacy television news broadcasters there has been a “blurring of the lines” between news and advertising.  I happened to run across this apparent “ad-vertorial” for national online direct cremation company Tulip Cremation the other day and just wanted to…

Next week is Christmas. . . Here’s some traditions that funeral homes follow in their communities

By Funeral Director Daily / December 20, 2024 /

    Next week is Chrsitmas. . . . . And, almost everybody has their own traditions on how they spend time with their family or their community.   But what about your funeral home?  What are the traditions that they follow?  Having looked-forward to annual traditions is not only a way to celebrate with…

Floridian named “Funeral Director of the Year”

By Funeral Director Daily / December 19, 2024 /

    We learned last week that a Auburndale, Florida, resident and funeral director had been honored as American Funeral Director’s “Funeral Director of the Year”.   In a press release from her employers at Foundation Partners Group it was explained that Jennifer Lindell-Roys, a funeral director at the Kersey Funeral Home had been so honored.…

Small business optimism is up, but. . . . . .

By Funeral Director Daily / December 18, 2024 /

  The National Federation of Independent Businesses (NFIB) issued their monthly “Optimism Index” last week and it showed the highest degree of “optimism” among small businesses in America since 2021.  That’s great but, there are also conflicting reports that came out that share a degree of caution among businesses.   For instance, this article from…

Funeral home adds two locations, tweaks their brand

By Funeral Director Daily / December 17, 2024 /

  I found an interesting, unique, and well-thought out expansion by a funeral home aimed at bringing their geographical reach closer to more families.  At the same time that this funeral home expanded from three locations to five locations they subtly tweaked their brand name by matching it with “. . .the younger generation of…

More case volume: Organic growth vs. Acquisition

By Funeral Director Daily / December 16, 2024 /

    Last week Netflix co-CEO Ted Sarandos told reporters in this article that Netflix has no plans to pursue mergers and acquisitions next year. . . . .what is interesting about his comments is that he also said, “We are better builders than buyers”.   I found that a really interesting statement from a…

How’s my consumer clientele’s credit?

By Funeral Director Daily / December 12, 2024 /

  This article started out as a “Pricing” article and was going to be about how do funeral businesses raise their prices for the new year in a world where inflation on consumer’s everyday purchases has continued to stay elevated?   I was wondering because economic indicators from last Friday showed a gain in American…

The New Reality. . . . .

By Funeral Director Daily / December 9, 2024 /

    You would have had to be on the moon or Mars for the past 4 months to not notice the underlying social cultural tones to this year’s election process in the United States.  Regardless of which side you are on you would have noticed the underlying politics of the respective parties in relation…

“Come Together”: Mergers, bolt-ons, work for family firms too

By Funeral Director Daily / December 6, 2024 /

    Funeral Director Daily does a good job of notifying our readers when the large corporate companies acquire new funeral homes.  It appears that these transacations are a consistent regular occurrence, although there are some ebbs and flows to the pipeline of deals.  We also know that large corporate consolidators and their purchases are…