funeral business

“Managing thru it”

By Funeral Director Daily / August 11, 2022 /

I was proof reading an article for Funeral Director Daily the other day and an odd thought hit me.  I operated and managed our family owned funeral home for over 33 years and every day I went to work I did what had to be done and made many decisions.  From time to time I…

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Thinking outside the box on acquisitions

By Funeral Director Daily / August 5, 2022 /

I recently came across this article from the Dayton (Ohio) Daily News.  The article told the story of the Routsong Funeral Home acquiring the Morris Sons “funeral business” of the same community.  What was interesting was that the article told of the Routsong Funeral Home “picking up (the) pre-funded funeral service arrangements for an additional…

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Matthews Memorialization segment reports higher sales, lower margins

By Funeral Director Daily / August 4, 2022 /

Mathews International, the global provider of memorialization products, industrial technologies, and brand solutions reported their Fiscal 3rd Quarter last week.  That quarter encompasses the April thru June 2022 time period. In reporting their Memorialization segment finances we note that they may be reporting what we believe could become a common theme in death care company’s…

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Park Lawn makes earning season splash with large aquisition

By Funeral Director Daily / August 4, 2022 /

Park Lawn Corporation announced yesterday in this press release that they have acquired substantially all of the assets of the Schackelford Corporation based in Western Tennessee.  The Schackelford Corporation encompasses a fifth-generation company that has served Western Tennessee for 90 years.  According to the press release the acquisition includes eight stand-alone funeral homes, two stand-alone…

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The funeral home as the “Heart of the Community”

By Funeral Director Daily / August 3, 2022 /

As I research articles for Funeral Director Daily I come across lots of local newspaper articles dealing with anniversary years of funeral homes.  The vast majority are from small town newspapers and tell of the longevity of many of these family owned firms. Last week I found this article from the Herald-Dispatch of Huntington, West…

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NGL divests Settlers Life, positions for stronger Preneed business

By Funeral Director Daily / August 2, 2022 /

This article from the Insurance News Net informs readers that preneed insurance company National Guardian Life (NGL), based in Madison, Wisconsin, has sold its interest in Settlers Life Insurance Company to Everly Holdings, LLC.   The sale consists of approximately 225,000 policies that are geographically disbursed throughout the United States. Those policies included in the agreement…

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Creating “Gathering Time” may be the secret

By Funeral Director Daily / August 2, 2022 /

Probably the biggest value for me in blogging with Funeral Director Daily is the people I have been able to correspond with that I would have never got to know without the blog.  I’ve got lots of new friends who I have never met — almost 3,000 regular readers — many who correspond with me…

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Matthews and the Baseball Hall of Fame

By Funeral Director Daily / August 1, 2022 /

I’ve been a big baseball fan since I served as Batboy of the local town team back in the 1960’s.  I played the game (not real well), managed an adult team, and had my most memorable time coaching years of Little League. . .with the highlight being my 2011 12-year old team winning the Minnesota…

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Carriage Services misses on earnings and revenues, announces acquisitions in the pipeline

By Funeral Director Daily / August 1, 2022 /

Last week Carriage Services was the first death care related company to report its earnings for the March thru June 2022 period.  As you can see from this short article from Investors Observer, they missed the numbers in both categories – Revenues and Earnings – that the analysts had predicted for them to achieve.  Here’s…

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Commander Initiative announces partnership with Titan Caskets

By Funeral Director Daily / July 29, 2022 /

At least in my area the idea of consumers purchasing caskets either online or in person from Costco and WalMart does not seem to have caught on.  I think one of the reasons why is that area funeral homes have not warmed to that idea and don’t like the competition from those large retailers. However,…

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