funeral business
According to this recent article from Yahoo Finance, businesses, including funeral homes, may find their employee health care costs rising by up to 7% in 2024. And, that is on top of increases of 5.5% in 2022 and 6% this year. According to the article, “. . .hospitals and providers will often…
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Funeral Director Daily ran an article last Friday on the offer made by Park Lawn Corporation in its quest to acquire Carriage Services. You can read that article here. One of the reader comments to the article indicated that Carriage Services carried “too much debt” and that was hampering, and will continue to…
Read MoreThis topic might seem like a reach in a blog with the title of Funeral Director Daily. However, there are a great many funeral directors working in the field right now whom this decision will probably affect in a negative fashion and owners of funeral homes, who have these young people as…
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I receive the “Memorial Business Journal” from the National Funeral Directors Association (NFDA) every week and when I received it a couple of weeks ago I was excited to look at some of the findings from the 2023 NFDA Consumer Awareness and Preference Survey. I looked at the results somewhat with…
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Today is the 4th of July — the day that America celebrates its independence of becoming its own self-governing country. For me it evokes thoughts of freedom, independence, ingenuity, self-governance, and patriotism. It also brings out the thought process of working to improve one’s self. . . .building yourself up or inventing…
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In the day of almost universal cell phone use you might find this hard to believe but, the leading paging company in America says that they still have at least 800,000 pagers in use across the United States. That’s down almost 90% since 2004 when the company reported 6.6 million pagers in use,…
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The world of Death Care has once again proved pretty small. In what was supposed to be a confidential offer, Park Lawn Corporation has confirmed, according to this Yahoo Finance article, that they have recently made a buy-out proposal to Carriage Services. And, Carriage Services, in this company press release, has…
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“Park Lawn (Corporation) has further expanded its strategic growth in the southeast United States” according to a quote attributed to Park Lawn CEO J. Bradley Green in this press release from earlier this week. The expansion Green it talking about is the acquisition of the Cobb Funeral Chapel and the Cobb Suncrest Memorial…
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Back in mid-May Funeral Director Daily published this article entitled “Thinking of an ownership transition? Here’s some straight-forward advice on getting started”. It was an article predicated on advice from the folks at accounting and business strategy experts Clifton Larson Allen (CLA). We recently noticed another article from the people at…
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In this article from earlier in June, the Chattanoogan.com announced that the Hamilton Funeral Home of Hixson, Tennessee, was acquired by a subsidiary of Service Corporation International (SCI). It was also noted in the same article that Tom Wilson has been named the manager of the facility which was apparently purchased by SCI…
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