Business
Dreams, ambitions, expansion, strategy, and growth all find their way into funeral home transactions
Interest rates have risen, inflation has caused prices to move upward, but Death Care businesses, especially funeral homes continue to find ways to transition ownership. There’s been a discussion about what will the return to normal after the pandemic coupled with some financial upheaval because of the economics of today do to the…
Is “Service” more important than “Convenience and Price”? That’s an interesting question that some businesses are asking themselves today. . . . .and the answer is “It Depends”. Just over the last weekend I came upon two articles — one pertaining to Walmart and the other to their rival Target. In…
Over the last couple of weeks I’ve had the opportunity to visit with many from the “Death Care” or “Funeral” industry. Those discussions made me realize that our profession has came a long way from the days of individual mortuaries owned only by individuals or families. By some accounts there are about…
During this week I read two articles and when I did I wondered how the subject of each might affect funeral homes and the funeral business going forward. The articles included this one from Reuters titled “U.S. banks report weaker loan demand, Fed survey says” and this article from Morningstar titled “U.S. consumers…
Last week I again had the privilige to attend what is now known as the “Tom Johnson Memorial Classic“. The “Classic” is part golf, part Death Care, but is really all about “Relationship Building and Friendship”. This year’s “Classic” was the 41st annual event. I’ve been to about 25 or so of…
Apple has been seeing sales of its iPhone declining. The product, which makes up about 1/2 of the company’s sales, dropped in sales revenue another 10% in the last quarter according to Apple’s 2Q Financial Report which came out last week. According to this article however, Apple had a jump of…
We learned late last week that CEO Kent Robertson was leaving cremation centered acquisition group and operating company Foundation Partners Group and also learned that the interim management of the Orlando, Florida, based business would be led in the interim by Chris Blackwell with assistance from former FPG CEO Bob Bukala. In…
A pager that allowed me out of the funeral home. . . .telephone transfers that allowed death calls to be “transfered” to one’s home phones. That’s about the extent of technology when I started in the funeral business. . . Oh, I suppose you also could consider electric typewriters and better carbon to…
A recent press release from Batesville give us information that the company has been named to “Newsweek’s list of Most Trustworthy Companies in America for 2024.” According to the press release “Batesville achieved a top 25 ranking in the Consumer Goods category, alongside a variety of global brand leaders, coming in at number…
According to at least one survey 76 million American Baby Boomers will reach the age of “Life-Expectancy” between now and 2042. Another survey I looked at mentioned that there are “only” 71.9 million boomers alive at this time. So, while the number is “murky” the one fact remains that there will be a…
