Business
From my point of view at Funeral Director Daily it has appeared to me that the acquisition market has been very quiet during the 2020 pandemic year. If that is true it makes sense in that individual funeral homes were pretty well consumed with how to satisfy their clientele during the socially distanced period and…
Read MoreLast week I happened to watch President Biden when he addressed the nation pertaining to his recent signing of the latest stimulus bill, known as the “American Rescue Act”. As I was watching for some reason my mind wandered to a managerial principle that I learned later in my career, but a principle that I…
Read MoreLast week we commented on an article from funeral industry veteran Doug Gober. That article encapsulated where Mr. Gober saw the investment money going in the death care industry. We think Gober was right on in his assessment, but one of his insights . . . . .that of “the best way to add value…
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Three months ago in December 2020 Funeral Director Daily told you of a program Wilbert would be offering to death care professionals that would help those professionals keep up with their Continuing Education Units (CEU) at the end of the year. We concluded that it was a great venture by Wilbert that would be really…
Read MoreWhile there has been some discrepancy on the case because of cruise ship involvement elsewhere, most people will say that the first COVID-19 death in America happened on February 28, 2020, in the Seattle area. That’s just over a year ago. . . . what have we learned. . . what do we now know?…
Read MoreFuneral home owners, cemetery operators, preneed professionals. We’re the experts in the death care profession. We know the business, we understand the clientele, and we know what is good for everybody. Or do we? I’m guessing that is somewhat how the buggy whip manufacturers, horse livery operators, and sales reps in that industry thought of…
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The COVID-19 pandemic during the year 2020 and how countries geographic location and national responses to the situation could not be more different than you see in recent publicly owned funeral home companies’ annual reports. We’ve reported on the results of the United States Service Corporation International (SCI) and Carriage Services both in the last…
Read MoreI recently read an interesting article, authored by funeral industry veteran Doug Gober, in the Memorial Business Journal published for members by the National Funeral Directors Association. Gober, who’s been around the profession for a long time gave an interesting sequence of events beginning with when money flowed into the profession from the public companies.…
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I’ve been an entrepreneur and have started some businesses outside of the death care realm. I think one of the things that happens to every entrepreneur who starts a business that is new and unique is that they open their doors for business and then wonder if anybody will purchase their goods and/or services. No…
Read MoreWhere a person dies does have an effect on funeral home operations. One simple effect you can see is that of two person removal teams to homes rather than a one-person removal being done at a hospital or nursing home where there is always facility staff help if needed. This recent article from the Associated…
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