death care

Security National bucks the trend, increases margin in 2Q 2023

By Funeral Director Daily / August 21, 2023 /

    On August 14, Security National Financial Corporation (SNFC) issued this press release on its 2nd Quarter 2023 financial results.  The company which operates in three segments — Life Insurance, Memorial, and Mortgages, saw their after tax earnings increase nearly 78% from about $3.6 million in 2Q 2022 to over $6.3 million in 2Q…

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Do you know why you get your clientele?

By Funeral Director Daily / August 18, 2023 /

      A couple of weeks ago I was talking to a person who worked for about 30 years in death care — both as a funeral director and on the supply side of the business.  First he complimented me with some of the articles that I write about the results of funeral homes…

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My brother Jim. . . . and the power of kindness.

By Funeral Director Daily / August 17, 2023 /

    Editor’s Note:  This is a reprint of my article of August 17, 2021.  I think the message to Death Care professionals still resonates so it is reprinted with only the calendar numbers changed.  Thanks for reading.   Today is August 17.  Today should be my younger brother, Jim’s, 62nd birthday.  Instead I’ll spend…

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Funeral homes change hands. . . What’s in a name?

By Funeral Director Daily / August 16, 2023 /

      I recently read about two different funeral homes that were acquired by individual funeral directors.  More on those specific funeral homes in a minute.  When I read the newspaper articles about each it was interesting to note that one funeral home would be keeping its name, at least for some time, and…

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Cycles and trends. . . how will they affect Death Care

By Funeral Director Daily / August 15, 2023 /

      For my entire life I’ve enjoyed watching what is happening around me and then trying to figure out why it is happening.  It’s kind of an odd hobby but it has proven to be a really good hobby to help one keep ahead of his competitors in business.   What I’ve deduced…

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Park Lawn 2Q 2023: Revenue, Revenue per Service up, Net Earnings down. . . announces additional acquisition

By Funeral Director Daily / August 14, 2023 /

      There is a lot to be digested when you look at Park Lawn Corporation’s (PLC) 2nd Quarter Earnings Release and their Earnings Call transcript which were made public last week.  Much like the quarterly reports from SCI and Carriage Services, Park Lawn was able to increase revenues, but like their counterparts, it…

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Does dementia reduce “funeral spend”

By Funeral Director Daily / August 11, 2023 /

    “Out of sight, out of mind”.   That’s a refrain I’ve heard often.  Generally, it refers to when you have not seen somebody or something for a length of time then that person or that thing falls out of your thought process.  It’s common sense and it happens.   At Funeral Director Daily…

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A solution at the cemetery

By Funeral Director Daily / August 10, 2023 /

      According to this article in the Sarnia Observer Harold Sonnenberg has been pretty busy as the superintendent of Greenwood Cemetery in Waterford, Ontario, Canada.   What’s happened there happens all over North America in cemeteries and provides back-breaking work for those who “fix the problem” to satisfy families of those interred.   The…

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Continuing to move forward. . . Thank You!!!

By Funeral Director Daily / August 9, 2023 /

      Today I want to use the Afternoon Edition to simply say “Thank You” to our readers and our sponsors.  I’m a one-man band at Funeral Director Daily and when I started blogging I never knew what kind of reception that I would have.  After an almost 35-year career as a funeral home…

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InvoCare / TPG Capital reach agreement for buyout

By Funeral Director Daily / August 9, 2023 /

    According to a press release dated August 9, 2023, (today) issued by InvoCare Limited of Australia, the company has agreed to be acquired by TPG Capital, a global private equity firm headquartered in San Francisco, California.  TPG Capital had launched a buyout offer for the company in March.   You should be able…

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