Today we will bring you some excerpts from the second part in Reuters five-part series entitled “The Body Trade: Cashing in on the Donated Dead”. As we mentioned in our last article on the subject this is an explosive series that found, what they believe, to be a lot of problems with the business of…
Read MoreService Corporation International announced their 3Q 2017 results on October 25. The company, based in Houston, Texas – much like Carriage Services – announced that the results were somewhat skewed by the hurricanes that happened during the quarter and affected some of their locations in Texas and Florida. In SCI’s case, they announced in their…
Read MoreFollowing the close of business yesterday Carriage Services announced their 3rd quarter results. After a short note that two of their large market areas, Florida and Texas, were affected greatly by Hurricanes Irma and Harvey – which they contend more than likely affected results. Here are some of the notes from the report, which can…
Read MoreMany of you in the death care industry were probably sideswiped yesterday when Reuters first part in its investigative series on what it terms “The Body Trade” was released. This expose – which Reuters tell us will be a five-part series – will tell of the underworld nature of what happens, in some instances, with bodies…
Read MoreProbably over 20 years ago I read the book, Swim with the Sharks, by Harvey Mackay. I thought it was a great read with a lot of common sense that I have used over the last 20 years in my business career. It was also interesting to me because Mackay was a local guy who…
Read MoreBUSINESS
Content planning to boost a funeral home’s online presence
Boosting Your Funeral Home’s Online Presence: An Action Plan for Content That Engages and Builds Trust In today’s digital world, a funeral home website is far more than a static brochure. It’s the…
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 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…
FINANCE
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,…
Milestone Funeral Partners adds funeral home acquisitions
According to the Milestone Funeral Partners website, which you can access here, and information placed on social media, the Maine-based funeral home operator and consolidator added four funeral home businesses to their number in the…
Another acquisition by Park Lawn Corporation
Maybe there is something to the ongoing prediction that a whole lot of funeral homes will be changing hands in the next 3 to 5 years. Barely after we were able to get…
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…
Funeral Directors are heroes
The beginning of a recent article on the ASD Blog, authored by Jessica Farren, had a quote without, to my knowledge, an author’s acknowledgement. I will post it here with no acknowledgement…
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
News for the Profession
Sunset continues to redefine their process of finding assets for families. They recently announced that they have a new website that makes the search for assets even easier. Sunset is a free service…
Titan Casket “keeps on keeping on”. . . . .and growing
Trying to be a “BTC” (Business to Consumer) casket company has been tried before and even with great effort the cause was difficult. However, the people at Titan Casket must relate to the Curtis…
Dilemma: The affluent consumer and traditional Death Care
On Tuesday morning I had to alter my running schedule because of rain showers. So, I took to our indoor treadmill to get my daily exercise and had a nice run while watching the…