death care

SCI CEO Tom Ryan: “We’re going to have some revenue pressures”

By Funeral Director Daily / April 27, 2020 /

Over the years I’ve often thought that the business of funeral and cremation care as a business is overlooked by those that teach or write of things happening in the business world.  It is not everyday that Forbes magazine does an in-depth article on our profession. Last week, Forbes featured an article that you can…

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Yale University dormitory houses funeral directors

By Funeral Director Daily / April 24, 2020 /

On Wednesday I had the opportunity to be part of a live educational Zoom meeting that was part of the University of Minnesota Department of Mortuary Science distance learning.  Geared for students, this presentation was aimed at letting those in the funeral profession describe to students what conditions they, as funeral directors, were working under…

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Time to ramp up Preneed

By Funeral Director Daily / April 23, 2020 /

I’ve seen no data to prove this but anecdotally several people have told me, or I have read, that funeral pre-arrangement sales have drifted downward during the past month or so of sheltering at home due to the coronavirus.  That would only makes sense because many of the clients who pre-arrange are not only seeking…

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Necessity (or COVID-19) is the mother of inventions

By Funeral Director Daily / April 21, 2020 /

The old saying is that “Necessity is the mother of inventions”.  I thought of that as I read a couple of articles in the last couple of days on how young entrepreneurs are working to make a name for themselves and build a business in the death care industry. There is no doubt that the…

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News funeral professionals can use

By Funeral Director Daily / April 20, 2020 /

Our subscribers tell us that the information we provide in these periodic updates is appreciated so we will continue to pass on seminars, articles, webinars, and other information pertinent to the death care profession.  Please feel free to pass these on to others in your office and if your company is planning something that would…

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Seeking Alpha: Death care stocks to benefit from pent up demand

By Funeral Director Daily / April 20, 2020 /

Seeking Alpha published an opinion piece from writer Malvin Spooner on Saturday, April 18, which theorized that death care public companies Service Corporation International (SCI) and Carriage Services (CSV) will benefit from what Spooner characterized as “pent up demand”.  You can read the full article here. Spooner says that “the death care industry stocks have…

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Revisiting Clive

By Funeral Director Daily / April 17, 2020 /

When I was just getting going on writing an occasional blog article back in May 2017 – about three years to the day from today – I was fascinated with a young man from County Cork Ireland who grew up wanting to be a funeral director.  As it turned out, circumstances worked out so that…

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News for funeral service professionals

By Funeral Director Daily / April 16, 2020 /

Today we just pass on a couple of items that we found that we thought would be of interest to you.  Please note that the webinar entitled, “COVID 19 – Your Legal Questions Answered” is scheduled for tomorrow. Webinar:  Covid-19:  Your Legal Questions Answered.  Friday, April 17.  10 am Eastern time.  9 am Central time. …

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StoneMor: “We’re solvent enough. . .”

By Funeral Director Daily / April 16, 2020 /

Most people in the death care profession know that StoneMor, Inc. has, for the last couple of years, been on what they term an “operational turnaround”.  The company, based just outside of Philadelphia, is said to be the second largest, next to Service Corporation International (SCI), death care company in North America.  The death care…

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Our colleagues and friends aiding the effort

By Funeral Director Daily / April 15, 2020 /

One of the great things in being part of the funeral, cremation, cemetery, and its supply business is that, as you work in it over time, you realize that it is a pretty small professional world and you get to know lots of people and lots of companies in the realm.  Also, you realize that…

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