death care

Propel Funeral Partners makes acquisitions. . . are acquisitions larger in general?

By Funeral Director Daily / February 23, 2023 /

    Last week North America’s largest funeral service company, Service Corporation International (SCI), announced in their 4th Quarter report “On the acquisition front, we had a very active fourth quarter investing $89 million in four separate transactions across the United States and Canada. These transactions added 14 funeral homes and 3 cemeteries, which included 3 combination locations.”   And…

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Non-compete agreements, Customer Experience, Community Engagement. . . some timely learning opportunities for our readers

By Funeral Director Daily / February 22, 2023 /

    We’ve recently noticed some webinars and podcasts that we feel are very timely and you might enjoy watching them.  Also, all of these programs are free of charge, except in some instances where you may want to earn CEU credits for them.  Here’s the information you need to access these.     From…

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Hiring funeral directors: Do you look for IQ or EQ?

By Funeral Director Daily / February 21, 2023 /

    Over the years that I hired funeral directors to work at our funeral home I looked for various traits that I felt would help a funeral home in a community of my size.  I certainly knew that I needed professional staff that was excellent in the preparation room.  But, I also needed staff…

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The Green Funeral. . . a contrarian view?

By Funeral Director Daily / February 20, 2023 /

    The Washington Post recently printed this article which in part said, “. . . .a distinct shift is underway in how we approach death. More than half of Americans are seeking greener funerals, according to the National Funeral Directors Association, and the percentage is rising. The funeral industry is responding: You can now be entombed in a…

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SCI 4Q Revenue and Year End Revenue lower than comparables

By Funeral Director Daily / February 17, 2023 /

    The largest funeral home and cemetery operator in North America, Service Corporation International, reported 4th Quarter 2022 and Year End 2022 financials earlier this week and one of the things we noticed is that quarterly and yearly revenue was less than 4Q2021 and less than Year End 2021.  However, that is not unexpected…

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When is the right age to establish a preneed account? . . . Maybe on your wedding day

By Funeral Director Daily / February 16, 2023 /

  We’ve touched on the subject in this forum before — when is the proper age, as a consumer, to look into getting a preneed funeral/cremation account?  I’ve opined that our funeral home used to look at Social Security age and then lowered that to age 55 and over.  Lately, according to all that I…

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Another acquisition story . . . except this one’s going the other way

By Funeral Director Daily / February 15, 2023 /

    It’s pretty common place to read in Funeral Director Daily and other Death Care publications about the national and regional funeral home and cemetery consolidators announcing another acquisition.  However, when we were catching up with our reading a few days ago we noticed an acquisition. . . .that was “going the other way”.…

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Suicide rates rise in 2021. . . Is the lack of funerals part of the reason?

By Funeral Director Daily / February 15, 2023 /

    Sometimes I just come across ideas for Funeral Director Daily articles by accident.  On Saturday I was going out for my weekly “reward” of a time at a coffee shop and stopped to buy a newspaper to read while there.  Since the local Naples Times-Herald was out, I had a choice of the…

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Is your business Transactional or is it Transformational?

By Funeral Director Daily / February 14, 2023 /

    Most businesses that I know of are transactional in nature.  They take a fee and give their customer a product or service in return for that fee.  Funeral homes tend to be transactional — we charge a family for the services and merchandise we render and then we provide those products and/or services…

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Park Lawn makes another Kansas City market acquisition

By Funeral Director Daily / February 10, 2023 /

  We will end this week with news of another acquisition in the Death Care space.  This press release from earlier this week announced Park Lawn Corporation’s definitive agreement to acquire Kansas City metro area based businesses that include substantially all of the assets of Carson-Speaks Chapel in Independence, Missouri; Speaks Buckner Chapel in Buckner,…

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