Business

The Acquisition Market: Who is the Target??

By Funeral Director Daily / September 28, 2017 /

Having seen news last week that Foundation Partners closed on an acquisition in Wisconsin I did a little research on what, at least anecdotally, are the acquisition targets of the larger companies.  I did so because the purchase of the Schneider-Michaelis Funeral Home in Jefferson, Wisconsin, didn’t seem to fit what Foundation Partners had been…

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Monday Morning “Snip-Its”

By Funeral Director Daily / September 25, 2017 /

It’s another Monday and time for a round-up of things that are happening in the death care industry and should be of interest to anyone who works in that industry.  Today  we will tell you about government entities providing more space for veteran burials as well as one municipality that has come to loggerheads about…

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The Necessity of Pre-Arrangements

By Funeral Director Daily / September 21, 2017 /

Funeral pre-arrangement has been around the industry for a long-time.  Our firm advertises that we have been doing it since 1964.  However, pre-arrangements were an afterthought in those days when people came in and put away some money in a certificate of deposit to have on account with the funeral home to pay for future…

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British Funeral Trends Mirror U.S. or Vice-Versa

By Funeral Director Daily / September 14, 2017 /

I recently read an article in the United Kingdom’s newspaper, The Sun, which centered on the topic of British citizens cutting back where they can on funeral expenses.  Quite frankly, as I read the article, it really reminded me of what has been, and is still, occurring in the United States as to what, I…

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Don’t Lose a Long-Time Client Family

By Funeral Director Daily / September 13, 2017 /

I just read an article by Alyssa McNab on the Homesteaders Life Company blog  where I thought that she did a very good job in delineating how a funeral home could, under certain circumstances, lose a long time client family.  Obviously, this is something no one in the funeral business wants to have happen, but…

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Monday Morning “Snip-Its”

By Funeral Director Daily / September 11, 2017 /

It’s Monday morning again and as usual we have been busy seeing what happened in the death care industry news over the weekend.  Today we have four articles that we think are very interesting ranging from stolen human remains to a deadline coming up for a California Senate vote on legalizing alkaline hydrolysis to what…

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Some History on Matthews International

By Funeral Director Daily / September 8, 2017 /

One of my adages about being in business is that you have to know who you are doing business with.  One of the truly great things about being involved with funeral services is that most of the people and companies that we relate to have a history of solid business and ethical principles to relate…

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Your Advertising Mix – Part 4: Participatory Ads

By Funeral Director Daily / September 1, 2017 /

In previous segments we have talked about advertising staples such as the newspaper and radio.  We’ve talked about ancillary ads such as text messaging, e-mail, and social media.  Today, we will discuss what I believe is the most personable and the ads that have the best potential to turn a non-customer or non-advocate of your…

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The Mergers and Acquisition Environment

By Funeral Director Daily / August 31, 2017 /

Yesterday I was reading the Business Section of the Minneapolis Tribune and saw an article entitled, “Corporate Deal Market Slows”.  It was an interesting article that had a couple of interesting premises and for someone who enjoys the business world it led to a good read and also allowed me to think of how the…

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Your Advertising Mix – Part 3: Ancillary Ads

By Funeral Director Daily / August 30, 2017 /

We started talking about advertising mix a couple of days ago when we breached the subject of looking at our budget for 2018.  Obviously, advertising is a variable cost that we decided you need to know how effective each portion is, what types of advertising work in your community, and how, or if, by knowing…

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