funeral business
Park Lawn Corporation (PLC), the Toronto based funeral and cemetery operator, issued a press release, that you can read here, on its First Quarter 2020 operations earlier this week. Highlights from that press release seem to be that the company increased its revenues from CAN $50.15 million ( US$35.6 million) in 2019 to CAN $73.98…
Read MoreShortly after the New Year’s bell rang my wife, Angie, and I headed out for one of the joys of retirement. . . extended time in a warm weather location that serves the purpose of shortening what can be fierce Minnesota winters for us. One of our favorite locations is Hawaii and we left for…
Read MoreLast week we brought you an initial report on Service Corporation International’s report of their 1st Quarter 2020 results. We also promised that we would go “inside the numbers” to see what other financial information we could find that may be of benefit to all of you who own or manage funeral homes. Today, we…
Read MoreAs you know if you have been reading Funeral Director Daily in the last month, it appears that the “no large gatherings” rules that are in effect in many states across America have had a negative effect on all things death care. Funeral homes have talked about revenue declines in many of their service categories…
Read MoreThis was bound to happen so we probably should not be surprised by this headline. However, it still seemed surreal to me when I read in this article from the Arizona Daily Star that a Tucson, Arizona, funeral home had been closed due to “a number of staff” members falling ill and being required to…
Read MoreWe are taking the tact of getting out this information item early in the morning on Friday passing on some news that you can use. Just yesterday we learned that the fine folks at Johnson Consulting Group were hosting an informative webinar today, Friday, May 1. We wanted to get the link to the registration…
Read MoreYesterday funeral home and cemetery public company Service Corporation International (SCI) reported their financial results for the 1st Quarter of 2020. The results were much anticipated because they are the first quarter where the “no large gatherings” rule had come into effect in funeral service. To be candid, however, those rules only came into effect…
Read MoreAs you may well know, the Federal Trade Commission’s (FTC) “Funeral Rule” is up for review at this time. The FTC has also extended the deadline for interested parties to submit comments to the agency to June 15, 2020, from the original April 14, 2020 date. The FTC Funeral Rule was first enacted in 1982…
Read MoreOn Wednesday I had the opportunity to be part of a live educational Zoom meeting that was part of the University of Minnesota Department of Mortuary Science distance learning. Geared for students, this presentation was aimed at letting those in the funeral profession describe to students what conditions they, as funeral directors, were working under…
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