Business
It’s estimated that about 85% of North America’s funeral businesses are still family owned. However, that number seems to be headed downward as the large national and regional consolidators seemingly accelerate their purchases of these family funeral homes when they come to market. I think that increased rate of consolidation is…
I had an incident in church on Sunday that both the party I was involved with and myself laughed about at the time. However, when I returned home I thought about the situation and wondered to myself, “Is it just me in this stage of life or is humanity, in general, losing…
Americans are taking a loan, early withdrawal, or hardship withdrawal from their retirement plans at record rates according to this article from Yahoo Finance. And, one of the top reasons why, according to the survey, is to pay for a funeral. According to the survey released by by the non-profit Transamerica…
According to this recent article from Yahoo Finance, businesses, including funeral homes, may find their employee health care costs rising by up to 7% in 2024. And, that is on top of increases of 5.5% in 2022 and 6% this year. According to the article, “. . .hospitals and providers will often…
Funeral Director Daily ran an article last Friday on the offer made by Park Lawn Corporation in its quest to acquire Carriage Services. You can read that article here. One of the reader comments to the article indicated that Carriage Services carried “too much debt” and that was hampering, and will continue to…
This topic might seem like a reach in a blog with the title of Funeral Director Daily. However, there are a great many funeral directors working in the field right now whom this decision will probably affect in a negative fashion and owners of funeral homes, who have these young people as…
I receive the “Memorial Business Journal” from the National Funeral Directors Association (NFDA) every week and when I received it a couple of weeks ago I was excited to look at some of the findings from the 2023 NFDA Consumer Awareness and Preference Survey. I looked at the results somewhat with…
Today is the 4th of July — the day that America celebrates its independence of becoming its own self-governing country. For me it evokes thoughts of freedom, independence, ingenuity, self-governance, and patriotism. It also brings out the thought process of working to improve one’s self. . . .building yourself up or inventing…
