The other day I was doing some research for the “Finance” portion of Funeral Director Daily. I like to search public companies world-wide who compete in the death care space and learn where I might be able to make a good investment for the long haul. In any regard, I was researching InvoCare Limited, Australia’s…
Read MoreJust this past weekend I read an rather uneventful article about a new employee at a Tiffin, Ohio based funeral home that you can read here. The article centers on the employment of young funeral director Jacob Bowers and his relatively new employment at the Hoffman-Gottfried-Mack Funeral Home and Crematory. The article, in essence, tells…
Read MoreLast Thursday, March 22, Park Lawn Corporation announced its March monthly dividend. The company retained the dividend at $0.038 per month which figures out to a yearly dividend of $0.46 per share. Park Lawn’s stock closed last Friday at $26.60 per share leading the dividend to pay a yield of 1.7%. That stock price compares…
Read MoreBUSINESS
Knowing the value of the “Front-Line” worker
Over the last couple of weeks I’ve had the opportunity to visit with many from the “Death Care” or “Funeral” industry. Those discussions made me realize that our profession has came a long…
Banks report “Weaker loan demand”, Consumers pull back on credit: What does that mean for your funeral home?
During this week I read two articles and when I did I wondered how the subject of each might affect funeral homes and the funeral business going forward. The articles included this one…
The “Tom Johnson Memorial Classic” raises over $150k in three days
Last week I again had the privilige to attend what is now known as the “Tom Johnson Memorial Classic“. The “Classic” is part golf, part Death Care, but is really all about “Relationship…
FINANCE
SCI settles California issue, looks forward to moving ahead with insurance funded preneed there
Earlier in May the Attorney General of the State of California issued a press release which you can read here announcing an agreement with Service Corporation International (SCI) over an eight-year dispute on…
Park Lawn enters 2024 “Leaner” and more reliant on the “Funeral side”
Park Lawn Corporation revealed their 1st Quarter of 2024 financials last week and you can access them here. The 1st Quarter of 2024 marks the first quarter of operations for the company coming…
Matthews works through “flat-market” quarter
Editor’s Note: This was our feature article for last Friday morning. However, for some reason still unknown to us, the server we contract to support our website was down for a few hours early…
REGULATIONS
SCI settles California issue, looks forward to moving ahead with insurance funded preneed there
Earlier in May the Attorney General of the State of California issued a press release which you can read here announcing an agreement with Service Corporation International (SCI) over an eight-year dispute on…
Federal Trade Commission bans “Non-Compete” agreements
“This rule affects every segment of the American economy and in a simple 3-2 vote destroys billions of dollars in value that employers have spent in compensation for a covenant not to compete”. …
Dignity, care, and respect. . . bringing the fallen home
On Saturday night I was at a movie, came home and turned the television on to catch the news and learned of the missile bombardment of Israel that Iran took responsibility for. Now,…
CEMETERY
CREMATION
Take a cue from Apple. . . Sell more services
Apple has been seeing sales of its iPhone declining. The product, which makes up about 1/2 of the company’s sales, dropped in sales revenue another 10% in the last quarter according to…
Because that’s where the money will be. . . .
Again today I’m building off some of the impressions that my friend, Rolf Gutknecht of LA Ads – A Marketing Agency had during his time at the recent ICCFA Convention in Tampa. As mentioned…
PRENEED
SCI settles California issue, looks forward to moving ahead with insurance funded preneed there
Earlier in May the Attorney General of the State of California issued a press release which you can read here announcing an agreement with Service Corporation International (SCI) over an eight-year dispute on…
Banks report “Weaker loan demand”, Consumers pull back on credit: What does that mean for your funeral home?
During this week I read two articles and when I did I wondered how the subject of each might affect funeral homes and the funeral business going forward. The articles included this one…
Take Ring Ring Marketing for a Test Drive
When it comes to technology I am a confessed “Novice”. And personally, with Social Media I am pretty quiet too. . . . or maybe my life is dull enough that none of…
PRODUCTS
Take a cue from Apple. . . Sell more services
Apple has been seeing sales of its iPhone declining. The product, which makes up about 1/2 of the company’s sales, dropped in sales revenue another 10% in the last quarter according to…
Technology will be/is here for your funeral home
A pager that allowed me out of the funeral home. . . .telephone transfers that allowed death calls to be “transfered” to one’s home phones. That’s about the extent of technology when I…