Tag: funeral homes

Finance

StoneMor announces acquisition of Illinois funeral home

StoneMor Inc., the Pennsylvania based operator of funeral homes and cemeteries announced the acquisition of Anderson Funeral and Cremation Services of Belvidere, Illinois, last week.  According to this press release from StoneMor, company CEO Joe Redling said of the acquisition, “StoneMor’s acquisition of Anderson Funeral and Cremation Services is a valuable strategic move for us in the northern Illinois market.  Anderson Funeral and Cremation Services has been serving the families of northern Illinois for many years and is a deeply […]

Products

The Living Casket??

In today’s morning edition of Funeral Director Daily we wrote about how fads can become trends which may eventually become traditions.  By coincidence we recently came across this article from Trend Watching which introduces their “Innovation of the Day”.  And that innovation is from the Netherlands and is known as the Living Cocoon, a biodegradable casket made of mycelium. You can learn more about, and see, the Living Cocoon here. Here’s what Trend Watching says of the Living Cocoon:  “It […]

Business Products

Fad, trend, or tradition?

New products and services used by the American public seem to start as fads, become a trend, and then, those with staying power evolve into a tradition of life.   Over the last few days I’ve noticed a couple of products that have either followed that road map or may be on their way to dissolving.  And, I think that there is something for death care professionals to learn from the process. On one hand let’s look at Peleton, the stationary […]

Regulations Uncategorized

Thoughts about serving humanity in our profession

If you have followed Funeral Director Daily for any length of time you know that I like to write articles about business.  Sometimes I know that I get a little “heavy” on the business articles.  However, I also try to put information on other subjects out there to keep a variety of topics at the forefront. Today is one of those days when I am reminded of the “humanity of the profession”.  You see, on Tuesday morning, I checked into […]

Business

Labor Day: Time for the business year check-up

Labor Day means a lot of different things to many people.  It might mean the end of the Summer, Back-to-School time, the start of football season, or the start of the political campaign season. For me, however, when I ran my funeral business, it was always the funeral home yearly check-up time.  You see, after August 31 we have been through two-thirds of the calendar year and that was a pretty significant amount of time to see how your business […]

Finance

Seeking Alpha author makes case for Matthews International

Seeking Alpha author Austin Rogers makes a case for the upside future of conglomerate Matthews International. . .a company which receives about 46% of its revenue from the death care space.  The article is really detailed about a little history of Matthews and where the company seems to be going in the future. Here’s a couple of items the author mentions about Matthews: Matthews International is a small-cap dividend growth stock that is easily overlooked for its small size and […]

Afternoon Edition

C&J Financial releases “Quick Claim” mobile app

Collecting of accounts receivables has came a long way from the 1930’s when a funeral home just asked the client family to “settle up” when ready.  Today’s use of cash-flow makes it imperative that funeral homes reduce the amounts of money they have “on the books”.  In addition, helping families receive money due them from insurers in a timely fashion is a great benefit to them in trying times also. To that end, C&J Financial, America’s #1 provider of insurance […]

Business

Why Zero-Search Keywords Matter in Deathcare

At Funeral Director Daily we are very fortunate that we have so many Death Care profession industry experts that read our material.  And, we are also very thankful that many of them will offer their expertise to our readers if asked.  Learning what they know can help progressive funeral homes increase their own business. Today, I have asked one of those experts, Welton Hong, founder of Ring Ring Marketing, and an expert in the technical marketing of funeral homes on […]

Business

Three funeral directors, three stories, three ambassadors to the profession

Funeral directors come with all kinds of interests and backgrounds.  What makes them so interesting is the diverse backgrounds, cultures, and interests that are found among them. But the good ones all have the commonality of becoming ambassadors for the profession simply by plying their trade to humanity. Today, Funeral Director Daily tells you about one gentleman selected as the American Funeral Director of the Year by one publication, of an Irish lady who vied to become the wholistic ambassador […]

Finance

Death Care Index falls, trails market indexes on the year

I had planned this article subject for this date simply because we have now finished the 2nd Quarter reports for all seven death care related companies that comprise the Funeral Director Daily Death Care Index (DCI). I hesitated, but then continued to move forward with this report on the public death care companies in spite of pretty negative news from the Jackson Hole economic summit which brought the markets quite a bit south on Friday. I’ve often felt that when […]