funeral business

The Saturday Service Dilemma

By Funeral Director Daily / March 2, 2018 /

  Have you noticed in the last several years the number of Saturday funeral or memorial services that you conduct in comparison to the services that are done the rest of the week.  At least, anecdotally, if you don’t keep statistics, you must feel you are scheduling staff more and more on Saturdays to serve…

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Unclaimed Bodies and Indigent Payments

By Funeral Director Daily / March 1, 2018 /

Alana Durkin Richer of the Associated Press compiled a good article that appeared in the Detroit News that you can read here.  The article is on the growing problem of what to do with indigent bodies when states or municipalities responsible for them are either running out of money or the expected reimbursement to funeral…

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Legacy Funeral Group Purchases Alabama Locations

By Funeral Director Daily / February 26, 2018 /

  According to a press release that you can read here, Legacy Funeral Group of Texas has purchased the Magnolia Chapels of Tuscaloosa, Alabama.  Magnolia Chapels has served the Tuscaloosa area with two chapels since its founding in 1999. (The link will lead you to Legacy’s web-site where you can learn more on the company).…

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Quinn FH merges with Burton FH in Pennsylvania

By Funeral Director Daily / February 21, 2018 /

I read a really nice article the other day on GoErie.com that you can read here about two very longstanding funeral businesses in Erie, Pennsylvania, that have “merged” in order to help both funeral homes operate better. The article is about the Quinn Funeral Home and the Burton Funeral Home, both of Erie, Pennsylvania —…

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Service Corporation Reports 4th Quarter and Year End

By Funeral Director Daily / February 15, 2018 /

Service Corporation International of Houston, Texas, the nation’s largest provider of deathcare services reported 4th Quarter and Year End 2017 results on Tuesday, February 13.  You can see the financials and read the commentary here. In a statement, Chief Executive Officer Tom Ryan commented, “We delivered a solid quarter as we close out 2017.  .…

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Solving Perpetual – and Growing – Problems in the Industry

By Funeral Director Daily / February 14, 2018 /

The other day I was going thru my daily articles of the industry when I came across two articles, that while not unique to what I read, caused me to pause to think — “How will we solve these problems?”  Because, I don’t think that these problems are going to go away with out some…

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Looking from the Outside In

By Funeral Director Daily / February 9, 2018 /

Sometimes when you really need to know about your business, you should listen to somebody from the outside.  They see that perspective from another view — and many times it is the view that Mr. Outside can see that Mr. Inside has overlooked. So, today, I have found two articles from the people on the…

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The Pricing Conundrum

By Funeral Director Daily / February 8, 2018 /

There is no doubt that in any business the pricing of the product or service must work on at least two levels.  The first level being that the price is appropriate enough to draw the customer to – or at least not drive the customer away – from the business.  This would be known as…

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Carriage Services Announces Dividend

By Funeral Director Daily / January 29, 2018 /

Last week Carriage Services announced that they will continue with their quarterly dividend of 7.5 cents per share.  The dividend will be payable on March 1, 2018, to shareholders of record as of February 12, 2018.  This amount of $0.075 per quarter translates into a dividend yield for Carriage Services on an annual basis of…

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Great Western Insurance Company to be Acquired

By Funeral Director Daily / January 9, 2018 /

In an article from the Think Advisor which you can read here it was reported that Ogden, Utah based pre-need life insurer Great Western Life Insurance is going to be acquired by American Republic Insurance of Des Moines, Iowa. Great Western is a privately held life insurance company, specializing in Pre-Need funeral insurance started by…

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