cremation business
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, sometimes when I walk into arrangement rooms where many post-cremation options are available I get a sense of how big…
Read More
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 Apple’s 2Q Financial Report which came out last week. According to this article however, Apple had a jump of…
Read More
Service Corporation International (SCI) reported their 1st Quarter 2024 financial results last week. North America’s largest death care provider did show an increase in revenue of 1.6% to about $1.045 billion for the quarter, but showed Operating Income dropping 5.6% from the comparable 1st Quarter of 2023 and also showed a decrease of…
Read More
It took awhile, but Security National Financial Corporation (SNFC) finally got around to posting the results of the company’s 2023 year just last week. And, there is no doubt that SNFC’s Memorial Segment was one of the highlights of that report as that segment reported 10% revenue growth and 38% Earnings before Taxes growth…
Read More
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…
Read More
While I was researching this morning’s article on the most recent financial performance of Propel Funeral Partners I was made aware that the people of Seeking Alpha had written some opinion pieces on North American Death Care companies within the past month. Without any opinion or other action I present them to the…
Read More
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 or some substandard support.” That comment came in response to the information provided, according to this article, that “there…
Read More
If you are an independent funeral home owner you know it is not all about just being a great funeral director and/or embalmer anymore. You need to be a solid business-person and understand how the revenue you take in for your services moves to the bottom line as profits without getting gobbled up…
Read More
Back in 2017 when I served on the board of the University of Minnesota I had a hand in the hiring of new Head Football Coach P.J. Fleck. Coach Fleck is still there and has had some success coaching in the Big Ten. Outside of the improvement of our team, I have…
Read More
I’ve talked about the book, Megatrends, by John Naisbitt before. It was published in 1982 and sold 14 million copies and after reading it about the time it was written, its “Social Forecasting”, and my belief in that concept, played a major role in building my funeral business and other businesses I…
Read More
