Tag: death care

Business Regulations

Challenges managing thru constant change

I’ve told you before that I get a lot of ideas for articles simply by seeing what is going on in “current events” and then trying to hypothesize how those current events will affect the death care industry.  I’m writing this column on Thursday, October 14, and during my workout this morning with the television on I saw a couple of statistics that reminded me how difficult it can be to manage a business through constant change.  . as compared […]

Business Cremation

Foundation Partners Group fuels growth through cremation

Recently Foundation Partners Group (FGP) issued this press release pertaining to an article which focused on their business and their business growth.  It was pointed out that Orlando-based FGP, companywide, is approaching a 90% cremation rate in a death care world where the overall cremation rate (in the United States) is close to approaching 60%.  In essence, Foundation Partners Group locations have a heavy cremation mix in their business. According to Chief Financial Officer Thomas Kominsky, quoted in the press […]

Products

“Coffin Pod” launched in Northern Ireland to protect from Covid-19

Family-owned Quinn Hearse and Limousine, headquartered in Northern Ireland recently received funding from the United Kingdom’s Innovate UK Fund, Invest Northern Ireland, and others to develop the “Coffin Pod”.  According to this article, “The Coffin Pod is a sealed glass pod which will allow funeral directors to transport coffins safely, and allow families to have open coffin wakes while observing social distancing measures.” Here’s what Patrick Quinn, a Director of the company said in the article, “Innovation and new product […]

Cemetery Products

Going to Great Britain? Make sure you stay here

The City of Sheffield is located north of London and not too far from both Manchester and Nottingham in Great Britain.  Sheffield’s City Cemetery was built in 1836 in response to the overcrowding and poor conditions in Sheffield’s churches.  Today, 87,000 souls rest eternally in the cemetery, but you can also spend a night there. Cemeteries, in the age of cremation, are having trouble raising revenue and there have been all kinds of options including movie nights, historical tours, and […]

Finance

Seeking Alpha adds commentary on SCI as an investment

Recently we found this article written by Daniel Jones for Seeking Alpha.  In the article he brings out the pros and cons of an investment in Service Corporation International. One question that he asked in the article when considering that Service Corporation International has greatly increased its gross revenues is this, “On its face, all of this (Revenue) is great. But a legitimate question is how much of this is attributable to an aging population that will continue to serve […]

Business Finance

A rise in case counts — Jake Johnson on how that can impact funeral home value

Editor’s Note:  A recent article that we published on the increasing United States death rate brought commentary from Jake Johnson of Funeral Director Daily sponsor Johnson Consulting Group.  Here’s Jake’s take on what increasing death rates may mean to your funeral home: A recent article by Funeral Director Daily was published on the national death rate in the U.S., with the expectation of climbing and no signs of normalizing soon. According to the Trustees of the Social Security and Medicare […]

Business

Do you know your vendors?

There is an incredible amount of trust in the death care business.  Families trust funeral directors to care for their most prized possessions — their loved ones who die.  And, good funeral directors know of that trust and do everything within their power to diligently carry out the requests of families who put that trust in them. Funeral homes, sometimes backed by generations of fine service put their reputations on the line everyday by how they carry out the services […]

Business

The opportunity for the “Not so Big” funeral business across North America

We commented on an article about what an author called “Big Funeral” in last Friday’s edition of Funeral Director Daily.  While I told you I didn’t agree with much of the article from Wired, I thought it was a pretty good read and, at least, one author’s not so great opinion of the death care profession. The article, and some of its reference points, made me do a little more research on “What is the state of funeral homes in […]

Business Regulations

“Big Funeral” and some thoughts on “Universal Death Care”

The funeral profession has long had its critics.  Those of us in the profession have to understand that and know that from time to time we are going to be broadsided by those critics’ calls for change. Recently this article entitled “How ‘Big Funeral’ made the afterlife so expensive” was published in Wired.  It’s a good, if not one-sided, article that starts off by saying this, “You can’t die these days because it’s too expensive“.  It goes on to say […]

Business Cremation Products

Will pet cremation be the next “Big Thing” in the funeral home business?

Every once in a while I come across a couple of items that are sometimes related and it makes me think about potential business aspects of the items when combined together.  That recently happened to me once again — late in September I received a marketing e-mail from the Cremation Association of North America (CANA) regarding “Pets and Cremation”.  And, just on Tuesday, Funeral Director Daily did an article on “Customer Acquisition vs. Customer Retention.” It made me wonder. . […]