Business

Checking your mindset. . . self-examination is good for business

By Funeral Director Daily / May 3, 2022 /

Just as you would take an inventory of your physical health at least once a year, I also think it is imperative that you take a look at your business’ health at least that often.  And, while we meet with our bankers and accountants to take a deep look in the financial health of our…

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Recapping FY 2021 with the public companies

By Funeral Director Daily / May 2, 2022 /

When you read this it will already be May 2022 and we will be two-thirds of the way into the 2nd Quarter of most company’s 2022 business year.  As a matter of fact, the reports of January thru March have already started to roll out as Matthews International provided us information on the January thru…

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There’s value in that signage

By Funeral Director Daily / April 27, 2022 /

For a long-time I’ve been a believer in TOMA — “Top of Mind Awareness” for funeral home brand building which can lead to market share building.  “Top of Mind Awareness” is defined as one measure of how well a business brand ranks in the minds of the consumer. And, I’ve always felt that TOMA was…

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Rising interest rates, rising costs, rising inflation. . . . what does it mean for funeral homes

By Funeral Director Daily / April 20, 2022 /

Here’s an interesting fact as reported in this article from CNN, “The 30-year fixed-rate mortgage averaged 5% in the week ending April 14, up from 4.72% the week before, according to Freddie Mac. That’s the highest since 2010″. Here’s a couple of other quotes concerning our economy from this recent article in Yahoo Finance, “Generally speaking,…

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Will we see a “Pull-forward” effect?

By Funeral Director Daily / April 19, 2022 /

Since the world started to deal with the deaths related to the Covid-19 pandemic beginning in March and April of 2020 there has been a question in the death care world about the theory of “pull-forward” deaths. . .and if there are “pull-forward” deaths, what will that do to the profession in the years following…

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Having a Servant’s heart. . . a requisite for most funeral directors

By Funeral Director Daily / April 15, 2022 /

Today is Good Friday and Sunday is Easter in the Christian world.  And, I’m a sinner saved by grace.  Wednesday at my weekly Men’s early morning Bible Study the comment was made that this weekend, when we commemorate or celebrate Jesus Christ’s death and resurrection, those of the Christian faith recognize the greatest event of…

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Acquisitions, new locations. . . .the business of funerals just keeps rolling along. . .

By Funeral Director Daily / April 12, 2022 /

It never ceases to amaze me how as habits change, some things stay the same and just keep rolling along.  I don’t mean that in any negative way, but as death care is looking at new options such as alkaline hydrolysis, green burial, and natural organic reduction in the future, the tried and true ways…

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Is an “Event Center” in your business future

By Funeral Director Daily / April 11, 2022 /

Over my years in funeral service I operated from two different funeral home buildings.  The first building that I operated in was a former residence remodeled over a few times since about 1933 to offer a funeral home operation.  In 2006 we moved into a brand new building built exclusively for the funeral and cremation…

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Reclaiming Your Identity

By Funeral Director Daily / April 1, 2022 /

Last week I was sent an offering to download the Passare short 26-page ebook entitled “The New Funeral Consumer”.  In general, the ebook is based on observations and answers from what Passare says “is (probably) the largest independent funeral study that has ever been conducted.  Interviews were conducted with over 3,000 individuals and each were…

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Minnesota’s Wright Funeral Home finds new guardians after 141 years

By Funeral Director Daily / March 29, 2022 /

Steve Wright, 4th generation funeral director, recently announced that the Wright Funeral Home in Moorhead, Minnesota, had been sold to longtime employee funeral directors and brothers Adam and Bailey Nordin. The Wright Funeral Home dates back to 1881 and has grown and served the greater Moorhead-Fargo community for 141 years.  Steve Wright assumed full control…

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