Business

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…

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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…

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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…

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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…

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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…

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“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…

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Employee Benefits — What about time off for “Volunteering”?

By Funeral Director Daily / December 5, 2024 /

    While it can be tough being an employee of a family-owned funeral home, sometimes employees don’t understand it can be tough being the owner or boss as well.  I’ve been on both sides — being an employee in my college days and then coming home and being the boss. . . . I’ve…

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Try a little kindness. . . and compassion

By Funeral Director Daily / November 29, 2024 /

    It’s funny how when you get older and more mature that certain situations and happenings bring back a forgotten remembrance to you.  Today’s article is the result of one of those memories.   It’s the day after Thanksgiving and, because of that timing, I’m guessing that not too many will open and read…

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The Thanksgiving Proclamation – 1863

By Funeral Director Daily / November 28, 2024 /

    Editor’s Note:  It was in the middle of America’s Civil War, the year 1863, that President Abraham Lincoln decided that Americans should give “Thanks” for the blessings bestowed upon them. . . Even during this dire time when citizens where fighting against fellow citizens. . . and brothers against brothers.   It was…

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Will your interest rates be “Higher for Longer”?

By Funeral Director Daily / November 27, 2024 /

    You’re a funeral home or cemetery owner/operator and you are in the final stages of planning that 2025 business budget.  If you have loans for livery vehicles or building improvements that are either adjustable or coming due in 2025 what can you reasonably expect for interest rates on those loans going forward?  …

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