funeral business

Thinking of an ownership transition? Here’s some straight-forward advice on getting started

By Funeral Director Daily / May 15, 2023 /
BusinessAdvisors

      Depending on who you listen to you will get some opinions that over the next decade more than 50% of today’s family-owned funeral establishments will change hands.  Now, I don’t know if that is true, but there is a shifting demographic, not only in age, but in preferred geographic living locations, that…

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Burnout and the funeral director

By Funeral Director Daily / May 11, 2023 /
Burnout

    I’ve always loved the Spring of the year.  For us in the northern climates days are getting longer, the sun feels warmer, we can be outside without multiple layers of clothes on and the golf course opens.  Ever since I was small I’ve looked forward to this time of the year and was…

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Selling Death Care in a “Limitless” world

By Funeral Director Daily / May 8, 2023 /
OPtions

    Last week I spoke in front of a small audience of funeral directors and commented on what I see happening in the Death Care world.  One of the things that I have noticed that is very similar to the funeral home world that I worked in is that death care clientele have three…

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SCI reports 1st Quarter. . . in-line with U.S. death totals

By Funeral Director Daily / May 5, 2023 /

      When public companies report their financial numbers each quarter, it is pretty much expected that matured companies have practical and easily understood numbers in comparison to what their financial numbers were for the previous comparable quarter of operations.  In that regard you would look for the results of funeral home and cemetery…

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Has the emergence of the woman funeral director made death care a “softer, gentler” process

By Funeral Director Daily / May 4, 2023 /
FemaleFuneralDirector

    It’s been no secret that for the past 30 years more and more women have been becoming active in the death care profession.  I saw the trend start with pre-need counselors but now according to this article from Spectrum 1, 65% of all graduates of funeral director programs in the United States are…

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“Modern Retail” tells us Titan Casket’s strategy for disrupting an industry

By Funeral Director Daily / May 3, 2023 /

    I often tell people in funeral service that with Funeral Director Daily  “I don’t break the news, I just tell those in the profession what I’ve heard, what I’m seeing, and what my opinion on the subject is.”  I’ve secured a pretty good following by doing that and giving busy death care professionals…

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Parting Stone website traffic increases after Shark Tank episode

By Funeral Director Daily / May 1, 2023 /
PartingStoneSharkTank2

    Earlier in April Parting Stone and its CEO Justin Crowe appeared on an episode of Shark Tank looking for potential investors to help move the company along into the mainstream of post-cremation remains options.  And, while that happened as the company took an investment offer from well known Sharks Kevin O’Leary and Lori…

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Grief without the grave

By Funeral Director Daily / April 28, 2023 /
Grief7

    There are approximately 3 million deaths in the United States each year.  As of 2023, about 40% of those deaths are interred as “Traditional Earth Burials”.  That leaves about 1.8 million deaths that are cremations, alkaline hydrolysis, green burials, or natural organic reduction forms of disposition.   In almost all of the three…

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TPG Capital pulls InvoCare bid off the table

By Funeral Director Daily / April 26, 2023 /

    It’s been an interesting month to be watching what is happening in the South Pacific if you are a investor in the death care business.  TPG Capital, a large United States private equity company, made an unsolicited offer for InvoCare, the largest death care provider in Australia and New Zealand about one month…

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What’s new with obituaries

By Funeral Director Daily / April 25, 2023 /

    I continue to be one of the dwindling daily hard copy newspaper readers left in America.  It must be hereditary as my father subscribed to both the Minneapolis Tribune morning newspaper and the Minneapolis Star evening newspaper when I was growing up.  I can remember vividly coming home from elementary school and spreading…

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