Last week we saw the American stock markets drop almost five percent before making a partial comeback on Friday. Who knows what will happen today, but depending on who you listen to the markets were spooked by rising interest rates, rising oil prices, and rising potential inflation which can cause changes in business success dependent…
Read MoreI plan on ending the week by telling you about a product that I did not know existed until earlier this week when I was doing some research for future articles here at Funeral Director Daily. How many of you know about the “Infinity Burial Suit”? Here is the web-site where you can find out…
Read MoreIt is always interesting to see what is happening in the death care profession around the world. We recently came across this article from the Connexion with news from France that indicates the growing trend of cremation is also occurring in that country. According to that article 63% of the people asked in 2018 said…
Read MoreThere are some interesting things happening in the financial world in Australia. Lately there has been quite a bit of publicity from the Royal Commission into Misconduct in the Banking, Superannuation, and Financial Services industry about the financing of funerals while still living. My guess is that a lot of this has reached the public…
Read MoreI read an article that you can read here pertaining to what is announced as a merger, but in reality looks like an acquisition. This announcement talks about two funeral homes in Ohio that have “merged” operations. It is about the Billow Funeral Homes and Crematory and the Bissler & Sons Funeral Home and Crematory.…
Read MoreBUSINESS
FINANCE
PlotBox acquires MIS
In this press release issued last week you can read that PlotBox has acquired MIS (sometimes referred to as HMIS). The PlotBox website brings about this statement about the integration of the companies,…
HIllenbrand Industries sold
Since they sold Batesville in February 2023, Hillenbrand Industries has been out of the Death Care business. But, if you are a long-time member of the Death Care community the name Hillenbrand has…
Another private equity purchase on the horizon?
There is a lot happening in the Death Care world. . . especially when it comes to Death Care businesses changing hands. We recently learned that Funeral Partners, one of Great Britain’s largest…
REGULATIONS
Veteran Cemeteries will continue with burials. . . but what is open and closed on a government shutdown
Tomorrow is the last day of the federal government’s fiscal year. That is not necessarily a big deal except that the new federal budget year begins on Wednesday and as I write this on…
Indiana Court: “Death Doula” does not need a funeral director license
According to this issue of the Indianapolis Star an Indiana court of appeals ruled in late August that the State of Indiana “violated the First Amendment rights of a Fort Wayne “death…
CEMETERY
CREMATION
Pure Cremation’s private equity owner putting the business up for sale
I learned through an article from Sky News and in this article from KillBait that Epiris, the private equity firm that acquired London area-based Direct Cremation provider Pure Cremation just over two years ago,…
Can independent funeral home operators undercut “wannabe” national cremation providers on price?
The question posed in the headline is interesting. What is happening in Great Britain may be a precursor of what could happen in North America about the billing amount to consumers for the…
PRENEED
Preneed companies emerge as funeral home lending sources
Morgan Stanley, a global financial services firm that provides a wide range of products and services, including investment banking, wealth management, consumer banking, and brokerage services, recently made this comment in an article, “Life…
Co-op Funeralcare increases “Funeral Plan” sales over 17% despite cyberattack
An April cyberattack which you can read about here probably cost the parent company of Great Britain’s largest funeral home operator, Co-op Funeralcare, about a US$ 107 million profit swing but didn’t seem to…
Acquiring client families — “Any Which Way You Can”
As so often happens in my world I’ve had some real life and/or businesses experiences or discussions in the last week or ten days that has made me think about Death Care. And,…
PRODUCTS
PlotBox acquires MIS
In this press release issued last week you can read that PlotBox has acquired MIS (sometimes referred to as HMIS). The PlotBox website brings about this statement about the integration of the companies,…
News for the Profession
News from Suppliers and Practitioners that you can use. . . . From a Press Release from Foveo : Foveo Memorial Services Inc. (“Foveo) and Tukios, one of the profession’s leading…