funeral business
This article which ran first in the New York Times but which I found in Saturday’s Minneapolis Tribune deals with the fact that death is trending to happen more often in homes rather than in institutions for the first time in over half a century. The article states that in 2017 (the latest year statistics…
Read MoreToronto based funeral home and cemetery operator Park Lawn Corporation (PLC) announced in a press release on January 2, 2020, that they had acquired two businesses under common control in Tennessee. In this release PLC announced that they had purchased the stock and membership interests of Family Legacy, LLC and WG-TN, LLC (Harpeth Hills Funeral…
Read MoreThere has been a lot of news in the death care profession in 2019. There is always the finance news and what is happening with the public companies on the merger and acquisition front. And, this year we are seeing the fight that StoneMor Partners is putting up to try to become relevant in the…
Read MoreAt least one source has indicated in a news story that Houston based Service Corporation International (SCI) has purchased historical family funeral business properties in Baton Rouge, Louisiana. The Greater Baton Rouge Business Report reported yesterday in this article that SCI has, at a minimum, purchased the property of the Rabenhorst Funeral Home in Baton…
Read MoreI operated a small town funeral home for about 35 years. Every year I completed budgets and put expectations on the number of death calls the firm would do as well as predicted our market share in the community. I was tough with myself. . . .I had high expectations. Fortunately, I operated in a…
Read MoreIn my morning e-mail on investment opportunities this morning was an opinion on Service Corporation International. Michael Gayed of Seeking Alpha wrote a short piece on SCI as an investment opportunity that I thought I would pass on to my readers. You can read Gayed’s piece here. What I found interesting in the article was…
Read MoreRecompose, the public benefits corporation that is moving the process of recomposition (human composting) into the commercial realm recently held a forum at the Feldman Mortuary in Denver, Colorado. The forum was used to introduce the idea of recomposition to the Colorado market and also to announce that two Colorado legislators plan to introduce a…
Read MoreAs reported last week on Funeral Director Daily, Carriage Services has hired William Goetz as its new Chief Operating Officer. Late last week we learned that Goetz has came out of the chute by showing confidence in the company the he will lead. It was reported in this article that on Wednesday, December 11, 2019,…
Read MoreWhen you are the owner of a funeral home you have to have a plan for marketing the business. Most funeral director proprietors think about their advertising, their on-line presence, and their pre-arrangement program as a way to market. What many don’t think about, however, is that the services they provide after the funeral to…
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