cremation business
Like many of you who read Funeral Director Daily, I like being an amateur investor in the stock market. Back in the 1980’s I read two books that have became my gospel for investing. One of them was in the early 80’s and was a book by John Naisbitt entitled “Megatrends” and the second book…
Read MoreIf you follow Wall Street and the American stock market you will know that we are in the period of the summer where public companies start to report their earnings as of June 30. For most of the companies who operate on a calendar year this is their 2nd Quarter results and gives investors a…
Read MoreA Missouri legislative bill with nearly unanimous consent has recently passed out of the Missouri legislature and is awaiting Governor Mike Parson’s decision to sign the bill into law. You can read more about this bill here from KansasCity.com. The bill, according to the article, would allow licensed funeral directors to organize outdoor cremations at…
Read MoreThe funeral and cremation profession in Australia is an industry that takes in about US $ 1.12 billion in revenue each year (all amounts in this article have been converted to U.S. values). That’s only about 7% of the purported industry revenue of $16.3 billion that the United States death care profession reels in, however,…
Read MoreA couple of weeks ago (byline May 17) financial writers Kate Duguid and Jessica DiNapoli wrote a piece that was picked up by Reuters that you can read here. The article concerns the financial wherewithal of United States funeral home and cemetery operator StoneMor Partners LP. From our point of view, it is a very…
Read MoreAuthor Noam Ganel wrote an article for Seeking Alpha entitled, “The Case for (and against) owning shares in Carriage Services” which was published on April 15. You can read the article here. Funeral Director Daily take: This is an interesting article that, in my opinion, the author researched well. You may or may not like…
Read MoreVirtually every week that I follow articles on the death care industry I will see an article like this one from CBS Local in New York that pertains to a neighborhood group banding together to stop the construction of a new crematory in their area. This article, which includes a news video, comes from Middletown…
Read MoreWe saw a couple news items that were fairly unique as to their content and thought that we would bring our readers both of them today with very little commentary on our part. The first item that we found concerned a funeral home in Nova Scotia, Canada, where the public service is warning against crematoriums…
Read MoreAfter Life Mortuary Services opened last October and according to this article from the Memphis Commercial Appeal it is believed to be the first Memphis mortuary service to be owned and operated by black women. According to co-owner Dana Taylor, “It’s probably because it’s been a male-dominant field, and it’s been that way for years. …
Read MoreAll businesses that want to grow and prosper need to acquire new customers. That is a pretty simple concept. But one thing I’m always amazed at is how so many times business take for granted the customers that they have already acquired. Think about that for a moment. . . . if you can continue…
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