Business
Yesterday we published an article dealing with the potential $1 billion value of a consolidated group of companies that serve the death care space. Yet, to my knowledge, not one of these companies deals with the physical aspect of taking care of the deceased human being. I was, and still am, somewhat astonished at that…
Every once in a while I read an article and I think to myself, “Wow, that should never have happened”. However, if I’m honest with myself, I can see how that did happen and usually think about what my mom used to say, “If not for the grace of God, there go I”, because it…
Positive public relations can do more good for a business than any amount of advertising money spent. Public relations looks at the “good” in us to do things, not for the profitability aspect, but for the goodness to the community. That’s not to say that “goodness for the community” does not help in reaching those…
Over the years I’ve moved from really long-range planning about my business to a method where I plan for shorter durations. I think my move has coincided with many who have went from developing long range “strategic” plans to plans that are shorter in duration, less set in stone, and allow a business to be…
In the past week we’ve seen news that a vaccine or vaccines against the virus that causes COVID-19 are rapidly advancing in clinical trials. It’s lead me to think about a post-COVID world and, specifically, a post-COVID world in the future of death care. I’ve also had the experience of visiting with a couple of…
It is somewhat unbelievable to me how fast we have moved from Memorial Day to Labor Day, but here we are. Among the American debate, many schools are opening, the election is soon here, and the one constant is that those in the funeral profession continue to give comfort and guidance to those in need.…
What makes a funeral home exemplary? The funeral profession is filled to the brim with multiple players, but as in any competitive field, only a few businesses rise to the top. These funeral homes embody certain characteristics that elevate them above the competition. Here are the top three components of exceptional funeral homes. Owners Who…
On Tuesday the Hormel Corporation announced a new employee benefit available to all United States Hormel Corporation employees. This benefit, that they are calling “Inspired Pathways”, will pay for two-years of community or junior college tuition for all children of the aforementioned Hormel employees. You can read an article from the Minneapolis Star Tribune here…
I was talking to a colleague about a recent funeral home acquisition and asking what he thought of the transaction. His comment startled me in that he said, “I hope they didn’t pay too much because no one dies in that community anymore.” His implication was that the community we were discussing has became known…
