Business
StoneMor Partners left the world of public companies and was taken private by Axar Capital Management in November 2022. At the time StoneMor was arguably, by revenue, the second largest company in Death Care. Second only to Service Corporation International and, in revenue, ahead of Carriage Services and Park Lawn Corporation at the time.…
Nobody really likes taxes. . . .But, then again, nobody wants their loved ones forgotten either. If you are in the Death Care business you know of the costs to operate cemeteries. And, since cremation has been growing resulting in a loss of full-body cemetery lots being sold, many small cemeteries without the…
This recent article from the Smithsonian Magazine mentions that “Brooklyn’s Green-Wood Cemetery—a sprawling, hilly burial ground filled with tombstones from the 19th and 20th centuries—has long been a destination for more than the dead. Established in 1838, the cemetery quickly gained a reputation for its beauty, drawing tourists like other New York attractions such as…
I’ll admit that I’m not the most tech savvy person when it comes to knowing how the internet and artificial intelligence might benefit my funeral home. But, I’m also a business person who is looking for every advantage possible when it comes to finding customers and building market share for my business. So,…
Are Americans “reconnecting” with death? That is a strange question which will have different meanings for different people. And, if we are “reconnecting” with death, what might that mean for those of us who make our livings in the world of funerals, cremations, cemetery work, and memorialization? . . . . . Might it…
I’m not an economics major but I know that the price I can charge for my goods or services is somewhat dictated by the supply and demand of those goods and services. Is that true of cemetery space – everywhere? When the price gets “too high” as determined by the intended consumer that…
Over my years as an active funeral director I would be called to the place of death and eventually ask the family before I left, “Are you thinking about burial or cremation?” If you’re not a funeral director it is a question that needs an answer because how the funeral director would take care…
We recently learned, from this article, of the acquisition of the Deal Funeral Directors of Statesboro, Georgia, by the Fidelity Memorial Group based out of Garden City, Georgia. According to the article, the facilty has already been re-branded as the Bulloch Funeral Care and Cremation Center which was done to “reflect new ownership…
That might be an odd headline for a funeral home article, but I had the thought process this week when I wondered if the market for “traditional funerals” has “aged-out”. And, if so, what do you do about it? My process started on Friday night of last weekend when my wife, Angie, asked…
It’s imperative in today’s information age where all kinds of information is available to the public that the obituaries your funeral home disseminates get seen by the appropriate audience. It’s no different than what I do with Funeral Director Daily — using the right techniques to make sure my postings on Facebook get maximum…
