Acquisition and divestment. . . don’t miss this upcoming webinar

By Funeral Director Daily April 3, 2024

  The teaser for this webinar states, “Fifty percent of funeral businesses are expected to change hands as the next generation leaves the business”.     A webinar conducted by Johnson Consulting Group’s President and CEO Jake Johnson will take center stage tomorrow, April 4, from 3:00 to 4:30 pm Eastern Time. (2 pm to 3:30…

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Know your customer — How’s their credit?

By Funeral Director Daily April 3, 2024

    The American economy keeps spending, yet we hear that families are getting squeezed by the combination of high prices and high interest rates.  We also hear that high interest rates don’t seem to be stopping the consumer which in turn would put a turn-down on the economy making a reason for lowering interest…

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Might the Baltimore Bridge collapse cause a “funeral tax” in Maryland?

By Funeral Director Daily April 2, 2024

      A week ago today I woke up to the news of the collapse of the Francis Scott Key Bridge in Baltimore Harbor.  It wasn’t so long ago that I was in Baltimore for the National Funeral Directors Association (NFDA) convention in October 2022.  I was in awe of being in proximity to…

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It’s Monday. . .Here’s some listening ideas for the week.

By Funeral Director Daily April 1, 2024

    It’s only Monday, but you don’t know when you will be caught in your car, or the removal vehicle, for a thirty to forty-five minute drive.  Just so you have something worth while and timely so the boss can’t say you are “off the clock” here’s some ideas of podcasts that you might…

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Death Care continues to lag other market sectors

By Funeral Director Daily April 1, 2024

  The American stock market closed on Thursday, March 28, 2024, for the last time in the calendar of the 2024 First Quarter.  If you look at the results so far for the overall market for these first 3 months you would have to say that the results of the 1st Quarter as to the…

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BUSINESS

Knowing the value of the “Front-Line” worker

By Funeral Director Daily | May 13, 2024

    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…

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Banks report “Weaker loan demand”, Consumers pull back on credit: What does that mean for your funeral home?

By Funeral Director Daily | May 9, 2024

    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…

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The “Tom Johnson Memorial Classic” raises over $150k in three days

By Funeral Director Daily | May 7, 2024

    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…

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FINANCE

SCI settles California issue, looks forward to moving ahead with insurance funded preneed there

By Funeral Director Daily | May 16, 2024

    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…

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Park Lawn enters 2024 “Leaner” and more reliant on the “Funeral side”

By Funeral Director Daily | May 14, 2024

  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…

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Matthews works through “flat-market” quarter

By Funeral Director Daily | May 13, 2024

  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…

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REGULATIONS

SCI settles California issue, looks forward to moving ahead with insurance funded preneed there

By Funeral Director Daily | May 16, 2024

    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…

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Federal Trade Commission bans “Non-Compete” agreements

By Funeral Director Daily | April 25, 2024

    “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”. …

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Dignity, care, and respect. . . bringing the fallen home

By Funeral Director Daily | April 15, 2024

    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,…

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CEMETERY

Here’s a unique way to blend land preservation with urn burials

By Funeral Director Daily | May 17, 2024

    Funeral directing company  A.W. Lymn of Nottinghamshire, Great Britain, has been giving the green light to construct an ancient style facility for the disposition of cremated human remains.  As this article maintains, “they…

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County governments seem to have lots of problems, are human remains another one?

By Funeral Director Daily | April 22, 2024

      Funeral Director Daily recently learned through this article from Public Media for Central Pennyslvania that Centre County will be building a 160-unit columbarium in Zion, Pennsylvania, to house urns that have went…

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America’s military cemeteries face financial backlog for upkeep and improvements

By Funeral Director Daily | March 25, 2024

    Kansas United States Senator Jerry Moran recently testified at a United States Senate Veterans Affairs Committee meeting that “When mourning a death the last thing a grieving family needs is some bureaucratic hurdle…

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CREMATION

Here’s a unique way to blend land preservation with urn burials

By Funeral Director Daily | May 17, 2024

    Funeral directing company  A.W. Lymn of Nottinghamshire, Great Britain, has been giving the green light to construct an ancient style facility for the disposition of cremated human remains.  As this article maintains, “they…

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Our take: Post-Cremation products are here to stay

By Funeral Director Daily | May 15, 2024

  One of my friends attended the latest convention of the International Cemetery, Cremation, and Funeral Association (ICCFA) and reported to me that “there were a crazy amount of post-cremation product vendors exhibiting available options”.  And,…

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Take a cue from Apple. . . Sell more services

By Funeral Director Daily | May 7, 2024

      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…

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PRENEED

SCI settles California issue, looks forward to moving ahead with insurance funded preneed there

By Funeral Director Daily | May 16, 2024

    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…

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Banks report “Weaker loan demand”, Consumers pull back on credit: What does that mean for your funeral home?

By Funeral Director Daily | May 9, 2024

    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…

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Take Ring Ring Marketing for a Test Drive

By Funeral Director Daily | April 24, 2024

    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…

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PRODUCTS

Here’s a unique way to blend land preservation with urn burials

By Funeral Director Daily | May 17, 2024

    Funeral directing company  A.W. Lymn of Nottinghamshire, Great Britain, has been giving the green light to construct an ancient style facility for the disposition of cremated human remains.  As this article maintains, “they…

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Our take: Post-Cremation products are here to stay

By Funeral Director Daily | May 15, 2024

  One of my friends attended the latest convention of the International Cemetery, Cremation, and Funeral Association (ICCFA) and reported to me that “there were a crazy amount of post-cremation product vendors exhibiting available options”.  And,…

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Take a cue from Apple. . . Sell more services

By Funeral Director Daily | May 7, 2024

      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…

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