Tag: cremation

Afternoon Edition

The Newton’s Cradle of funeral service. . is the center disappearing?

Editor’s Note:  We had a slight technical glitch this morning that stopped this article from going out on schedule.  Nothing serious. . . a human error on my part of simply not making sure that the correct procedure was followed.  In any event, here is the article. . . . I hope you enjoy it. . .Have a great weekend. . . and Thanks again for reading Funeral Director Daily! I’ve been one that tries to paint a picture of […]

Business Products

The Best of Baltimore

In my home state of Minnesota there is a sports writer who every Thanksgiving creates an article and makes a case for the worst person or thing that has happened on the Minnesota sports scene in the past year.  I’ve taken some inspiration from that but have also taken into account something my mom drilled into me, “If you cannot say something good about somebody, then say nothing at all”. So, in the spirit of recognition, but also taking my […]

Business

Your Business Value: A Funeral Home Owner’s Guide to Prepping for 2023

Editor’s Note:  Today’s guest columnist is Jake Johnson, CEO of Johnson Consulting Group.  His article begins here:   It’s no secret to anyone right now that businesses everywhere are feeling the impacts of inflation. The funeral profession specifically has seen a rise in costs, and it’s resulted in increased stress and pressure on owners. These shifts are inevitable, and if businesses don’t start making changes and prioritizing their business value for the future, they’ll find themselves at a severe disadvantage. […]

Business

Yes, things will change over time

“There is an appointed time for everything.  And there is a time for every event under heaven –“.  That is the first verse in Ecclesiastes Chapter 3 and the 2nd verse goes on to say “A time to give birth, and a time to die“. Any funeral director who has ever spent time on a graveside service standing over an open grave with a pastor or priest giving a final commendation has heard those words. And, those words are prophetic, […]

Afternoon Edition

Park Lawn Corporation adds 1,000 call acquisition

In a press release made public on the heels of the company’s 3rd Quarter report, Park Lawn Corporation (PLC), with headquarters in Houston, Texas, and Toronto, Ontario, announced that they had acquired the Schrader, Aragon & Jacoby Funeral Home, Mountain View Memorial Park, and Bustard & Jacoby Funerals, Cremation, Monuments and Receptions of Cheyenne and Casper, Wyoming.  The press release, that you can read here, was made public on Monday, November 13. It was announced that the transaction is expected […]

Business Finance

Dignity plc and their price point pivot. . . . can they remain profitable?

2022 marked a point in the history of Great Britain’s largest death care provider, Dignity plc, where they planned to increase consumer market share for their services by lowering their prices.  What they maybe didn’t anticipate was the highest inflationary pressures in the last 40 years on the costs of their services to happen at the same time. It’s a certain mathematical formula that lower sales prices coupled with increased expenses will result in lower margins. . . and that […]

Business Regulations

Will Vermont lead a funeral director employee comeback?

We’ve all talked about it and see it out in the profession — a lack of trained and licensed funeral directors to combat the coming years when America faces a wave of Baby Boomer deaths.  Without the influx of new professionals, many funeral homes will be understaffed which can lead to a vicious cycle of people leaving the profession for a variety of reasons, which in turn, causes less professionals available to do the death care work. . . . […]

Finance

StoneMor completes merger with Axar Capital. . . becomes a private company

Last week death care property owner and operator StoneMor announced, in this press release, that they had completed their merger with Axar Capital Management whereby StoneMor will become a private and wholly owned subsidiary of Axar Capital Management.  Prior to this “take private” movement, which was announced in this May 25, 2022, press release, Axar Capital Management had owned approximately 75% of the outstanding StoneMor public stock. StoneMor’s stock was taken off the public exchanges as of November 4 and […]

Business Preneed

Want to build your brand? Try sponsoring a Death Cafe

I visited Baltimore and attended the National Funeral Directors Association (NFDA) convention earlier this month.  In earlier blog posts I’ve told you some overriding impressions that I had from that experience. . . and I told you I would be bringing you, in greater detail, some of my thoughts and observations. One of the phenomena that I see trending is what is termed as the “Death Positive” movement.  I think the Death Positive philosophy has been around for over a […]

Finance

InvoCare makes investment, partners with Parting Stone

It was recently announced by Parting Stone, the company that pioneered solidified remains, and InvoCare, Australia’s leading death care provider, that InvoCare has invested $1 million in Parting Stone.  In addition, the two companies will partner to launch Parting Stone Australia, which will be Parting Stone’s first international laboratory. Justin Crowe, founder and Chief Executive at Parting Stone said this about the development, ““We cannot think of a better partner at this stage in our growth.  Working with InvoCare’s team […]