Know your customer — How’s their credit?

By Funeral Director Daily / April 3, 2024 /

    The American economy keeps spending, yet we hear that families are getting squeezed by the combination of high prices and high interest rates.  We also hear that high interest rates don’t seem to be stopping the consumer which in turn would put a turn-down on the economy making a reason for lowering interest…

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Might the Baltimore Bridge collapse cause a “funeral tax” in Maryland?

By Funeral Director Daily / April 2, 2024 /

      A week ago today I woke up to the news of the collapse of the Francis Scott Key Bridge in Baltimore Harbor.  It wasn’t so long ago that I was in Baltimore for the National Funeral Directors Association (NFDA) convention in October 2022.  I was in awe of being in proximity to…

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It’s Good Friday. . . .Easter is coming!!!

By Funeral Director Daily / March 29, 2024 /

      We are blessed to live in a country which allows for religious freedom.  And, when you work as a funeral director helping those who have lost loved ones to death, it’s a privilege to help even when those client families don’t believe as you do.   However, have you ever thought about…

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Discretion over Valor

By Funeral Director Daily / March 27, 2024 /

    I was reminded this week that many times “Discretion is the choice over Valor”.  In writing today’s column, which will eventually get down to the Death Care business, I’m going to share a little of my weekend and how I came to write this for today.   If you read Funeral Director Daily…

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Demographics: How the changes may affect your funeral home

By Funeral Director Daily / March 22, 2024 /

    Back when I was a child there was a soap opera daily on television that carried the slogan, “Like sands through an hourglass, so go the Days of our Lives”.    I thought of that today when researching an article about demographic movements and how they may affect funeral homes in the future. .…

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Does the latest Producer Price Index put funeral homes between a rock and a hard place?

By Funeral Director Daily / March 19, 2024 /

    The business news last week was centered on the Producer’s Price Index (PPI) rising 0.6% in the month February, which equates to an annual 7.2% inflationary rate.  That reading, after being lower and even negative for a couple of months prior,  has caused many pundits to opine that getting rid of inflation in…

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Friday was a “Great Day” for funeral service

By Funeral Director Daily / March 18, 2024 /

    Friday was March 15 or the “Ides of March”.  And, it appears that Friday, March 15, 2024, was a better day for funeral service than Friday, March 15, 44 BC was for Julius Caesar.   Funeral service has been hit with a lot of bad publicity lately about certain funeral providers not always…

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“See No Fees” looks to funeral industry for growth

By Funeral Director Daily / March 15, 2024 /

    If you are an independent funeral home owner you know it is not all about just being a great funeral director and/or embalmer anymore. You need to be a solid business-person and understand how the revenue you take in for your services moves to the bottom line as profits without getting gobbled up…

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We now live in the “Information” world. . . time to put prices online or risk being “Gone with the Wind”

By Funeral Director Daily / March 13, 2024 /

      I’ve talked about the book, Megatrends, by John Naisbitt before.  It was published in 1982 and sold 14 million copies and after reading it about the time it was written, its “Social Forecasting”, and my belief in that concept, played a major role in building my funeral business and other businesses I…

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Who will be the “Disruptive Force” in Death Care?

By Funeral Director Daily / February 28, 2024 /

    About a month ago I read this article from Yahoo Finance titled, “Retail employees are working fewer hours.  Here’s why that is a risk to the economy”.  While the article was good and informative in its own right a portion near the end caught my eye and I related it to Death Care.…

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