Tag: crematory

Afternoon Edition

CANA announces “First-of-its-Kind” credential for Cremation Specialist

The Cremation Association of North America (CANA) has developed an all new program to train cremation specialists.  The first class begins in January 2023 and registration begins today.  The following is complete information from CANA: By 2033, cremation is predicted to be the preferred form of disposition in every state. Too many businesses see this fact as a threat to their success because they think cremation families are different than others. The Cremation Association of North America (CANA) has developed […]

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 […]

Finance

Carriage Services misses on earnings and revenues, announces acquisitions in the pipeline

Last week Carriage Services was the first death care related company to report its earnings for the March thru June 2022 period.  As you can see from this short article from Investors Observer, they missed the numbers in both categories – Revenues and Earnings – that the analysts had predicted for them to achieve.  Here’s a quote from Investors Observer, “The consensus among analysts for Carriage Services was for an earnings per share (EPS) of $0.82. The firm failed to […]

Business Cremation

Two thoughts on the changing face of funeral service

Over the last couple of weeks I have read a couple of articles that seem to indicate a path that death care is going — at least as some people see it.  The first article which you can read here is a public relations piece from the United Kingdom and is titled, “Cultural shifts and word-of-mouth changes UK funeral landscape”. The second article comes from the University of Chicago News and you can read it in transcript form or listen […]

Afternoon Edition

News you can Use

There is a new play out called “Cremation: The Play” and it is set to be live-streamed beginning tomorrow on Lemonade.  It will also be live-streamed on Saturday and Sunday.  Cost to watch the live-stream is $20 and includes a Q & A following the production with the producers and cast. You can see information on the play here from a short notice in Broadway World.  They mention that it is about the writer and director’s experience of working in […]

Cremation Products

Cremated remains bring on new forms of art and remembrance

It’s been almost forty years ago when I had a new idea for a business and approached a well-heeled potential investor.  The person did not become an investor but he did send me a note that he wanted to visit about the idea.  And, in that note he made this comment that has always stuck with me, “Your idea seems new and different and one would expect it hard to succeed with it.  However, before I hear more about it […]

Business Regulations

Funeral directors, employee shortages, and death care license requirements

Today we bring you this interesting article from the Iowa Capital Dispatch concerning a potential funeral director who believed he needed a waiver to receive his Iowa Funeral Directors License.  One of the requirements for licensure by the Iowa Board of Mortuary Science is that the applicant has completed 60 college credit hours and maintained a minimum of a 2.0 grade point average (GPA) relative to those earned credits. The article tells the story of Andrew Merschman who had completed […]

Finance

Foundation Partners Group announces new acquisition, record growth

In this press release from last week, Foundation Partners Group (FPG) announced a new acquisition and also gave some indication of its growth over the past couple of years. Foundation Partners Group is the privately owned death care consolidator based in Orlando, Florida, that appears to set its acquisition sights on cremation heavy firms.  FPG is owned by Access Partners of Baltimore, Maryland. In the press release the company announces the acquisition of Baldwin Brothers Funeral and Cremation Society of […]

Business Finance

What we are hearing on the Street. .. . and from some other sources

So, we are one week into the new year of 2022.  There are a few things that have been predicted since the new Presidential administration came into office last January, especially after the inflationary times that started last Spring. One of the the predicted things we heard about was that a new administration may eventually get around to changing some of the tax laws about capital gains. . . . . in other words, how the money is taxed when […]

Business Cremation

Considerations for a crematory

The Cremation Association of North America (CANA) showed statistics that cremation dispositions in the United States accounted for about 56% of all human dispositions in 2020.  I’m guessing that percentage will grow slightly for 2021 as it has every year for the past 40 or so years. CANA’s futuristic looking statistics, which have been pretty accurate over the years, show that at some point in about the next 20 years, barring regulatory issues,  cremation will be over 75% of all […]