funeral homes

Maybe the word is getting out. . .it’s honorable and rewarding

By Funeral Director Daily / May 25, 2023 /

    I served as a “front line” funeral director for over 33 years.  I did my share of night calls, prep room work, arrangements, and funeral duty.  One thing that I take from that experience is that “I always felt, by the way I worked with a client family, like I could make a…

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Digital and online arrangements and artificial intelligence. . do we need to embrace it?

By Funeral Director Daily / May 24, 2023 /

    Our funeral home experts from the podcast “Two Guys and a Question” are back with what I thought was a really thought provoking commentary.  It seems like all we hear about now is “artificial intelligence” and in the death care field how that is going to lead to digital and online arrangements.  …

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Security National Financial Corporation: Balance leads to 1Q 2023 profitability

By Funeral Director Daily / May 24, 2023 /

    Security National Financial Corporation (SNFC) issued their report on their results for the 1st Quarter of 2023 last week and in doing so credited their “balanced nature of their businesses” for the performance.   We follow SNFC because of their involvement in what they term their “Memorial Segment” — a portion of their…

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TPG Capital back in the game for InvoCare

By Funeral Director Daily / May 23, 2023 /

    It was announced last week by InvoCare, Australia’s largest death care provider, that San Francisco based private equity firm TPG Capital had sweetened their offer to acquire the company.  As you may recall, TPG Capital made an unsolicited offer on March 7 to the InvoCare board to acquire the company for a total…

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Will Illinois bill set a precedent for the future of cremation remains

By Funeral Director Daily / May 19, 2023 /
Legislation

    A reader of Funeral Director Daily recently sent me information on Illinois HB 1367 that is a bill under consideration in the state legislature of Illinois that the bill’s author states in this radio interview will (allow for a) “concept of how cremated remains are handled in the future”.   According to this…

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Our Top Stories of the past 30 Days

By Funeral Director Daily / May 17, 2023 /

      We’ve just passed the 15th day of the month and that brings us to publishing a reprise of the top read stories of the past 30 days on Funeral Director Daily.  This month we have stories on several aspects of death care including caskets, the potential dwindling number of funeral homes, selling…

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Memorial spaceflight fails to reach orbit

By Funeral Director Daily / May 17, 2023 /
SpaceExploration

    In what was reminiscent of the 1986 Challenger explosion, you can see in this video embedded in this article, an explosion only seconds into launch that caused a suborbital rocket carrying the cremated remains of 120 humans destined for earth orbit, to disintegrate and fall to earth.  The rocket was launched by Up…

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Park Lawn Corporation reports 1st Quarter 2023 — increases revenue by 4.3%

By Funeral Director Daily / May 16, 2023 /

    The last of the major public funeral home and cemetery operating companies reported their 1st Quarter 2023 financial report last week.  Park Lawn Corporation (PLC) bucked the trend of less revenue for the quarter as compared to the 1st Quarter of 2022 by posting a 4.3% increase in total revenue.   Park Lawn…

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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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Burials on hold. . . . more problems at cemeteries

By Funeral Director Daily / May 12, 2023 /
CemeteryLockedDown

    As we continue to see less and less full casket traditional burials at cemeteries, especially rural cemeteries, we have kept you apprised about some of the issues that these long-time, old-established cemeteries face.  Most of the time the issues are those of finances — such as not enough grave lot sales, interment sales,…

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