Tag: funeral businesses

Finance

Carriage Services reports 2020 year. . . shows the trends

In a press release that you can read here you can find out that Houston, Texas, based funeral home and cemetery consolidator Carriage Services recorded record results not only for the 4th Quarter of 2020 but for the full year of 2020 as well.  Not only did Carriage Services record these record financial results, they exceeded the 2022 plan that they had set in their five year milestones only a year ago. In essence they passed that 2022 goal two […]

Business

Going to extremes to lower overhead

Operating a funeral home and/or crematory operation as a business is an expensive proposition to start when you think of the fixed costs that it will take.  It’s not like starting a lawn care service where you need some basic equipment and wait for the phone to ring to put it to use.  In the lawn care business, outside of that original equipment, you operate on what I would call a high level of variable expenses only when you get […]

Preneed Regulations

AOC says “Consumer funeral funding in current COVID relief package”

New York United States Congresswoman Alexandria Ocasio-Cortez announced last week that it is her belief that consumer funeral cost relief is part of the $900 billion COVID-19 relief bill passed by both houses of congress and signed into law by President Trump in December. Here’s what Congresswoman Ocasio-Cortez says in this article from Business Insider,  “After our BX+Queens district became the most COVID-hit in the country, I spent much of the last year working on an issue that was devastating […]

Business

Learning from the secular “non-death care” world

I’ve always had this habit of looking at a statement of fact, tried to look behind the numbers, and then tried to figure out how what I learned or discovered might help me in my funeral home business.  When I operated my funeral business, I was concerned about giving great service to my client families, but I was also concerned about making profits. . . .because doing so allowed me to add amenities and features to my business that competitors […]

Business

2nd generation family members make their mark

Today we will bring you a couple of stories we recently saw in the news pertaining to some things that are happening with a couple of 2nd generation New York state family funeral home operators. The first story deals with 27-year old Ryan Frary and his purchase of the Stuart-Fortune-Keough Funeral Home in Tupper Lake, New York.  Frary purchased the funeral home at the end of the summer and is re-naming it the Frary-Stuart Funeral Home.  Former owner Shawn Stuart […]