It’s funny how it happens. . . Yesterday was Summer and on Labor Day Monday I woke up to 50 degree temperatures in my Minnesota community. It made for a great Monday morning run but also reminded me of the new season upon us. When the calendar turns to September I get…
Read MoreThere is no doubt that there is a trend of greater mobility to preferred residential locales for retired citizens and we also know that the choice of cremation services, especially direct cremation with no services, over earth burials causes loss of margin for traditional funeral homes. This article from CBC Canada titled “Grieving…
Read MoreFuneral Director Daily operator Tom Anderson had the privilige to be a guest on the podcast “Two Guys and a Question” recently. You can listen to the recent episode where Anderson shares many of his viewpoints, including what he believes is the burgeoning “Cremation After market” potential. Click here to listen to this…
Read MoreLast week we learned of an August 1, 2024, event which required the filing of a Securities and Exchange (SEC) Form 13G. That event was the acquisition of more than 5.0% of the common stock of Carriage Services by an entity. As you can see from this form, provided by the Carriage Services…
Read MoreToday marks the end of the financial markets for the first 2/3 of the calendar year 2024. We figured that would be a good time to look at how the financial markets have treated those stocks that still remain in the Funeral Director Daily Death Care Index (DCI). We found…
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…
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
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 funeral home…
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…