funeral inflation

Are you keeping up with inflation??

By Funeral Director Daily / August 4, 2023 /

      Our article this morning dealt with inflation and possible deflation.  In doing the research for the article I came across this inflation calculator which I thought funeral homes and cemeteries would enjoy using to compare how they are pricing.  According to this calculator:  “The dollar had an average inflation rate of 5.64% per…

Read More

What is “Services” inflation and does it matter for funeral service?

By Funeral Director Daily / June 12, 2023 /

      This week may turn out to be one of the most consequential in recent times as to showing a direction as to how the economy turns going forward.  There seems to be a lot of positive movement in the American economy at this time as just last week the S&P 500 worked…

Read More

Your Business Value: A Funeral Home Owner’s Guide to Prepping for 2023

By Funeral Director Daily / November 21, 2022 /

Editor’s Note:  Today’s guest columnist is Jake Johnson, CEO of Johnson Consulting Group.  His article begins here:   It’s no secret to anyone right now that businesses everywhere are feeling the impacts of inflation. The funeral profession specifically has seen a rise in costs, and it’s resulted in increased stress and pressure on owners. These…

Read More

Can you make inflation work for you

By Funeral Director Daily / March 22, 2022 /

I recently read an article from Yahoo Finance written by Andy Serwer that asks the interesting question, “(Is) inflation the business opportunity of a lifetime?”  You can read that article here. Serwer explains that after almost fifty years of very low static inflation that we may be in for a much higher rate for the…

Read More

What we are hearing on the Street. .. . and from some other sources

By Funeral Director Daily / January 7, 2022 /

So, we are one week into the new year of 2022.  There are a few things that have been predicted since the new Presidential administration came into office last January, especially after the inflationary times that started last Spring. One of the the predicted things we heard about was that a new administration may eventually…

Read More

Don’t let inflation leave your business behind

By Funeral Director Daily / September 21, 2021 /

The time to set your budgets for 2022 is fast approaching.  To make your business turn into profits, and your work worthwhile, it is imperative that you realistically look at the services you provide and the mix of those services so that you can have an accurate idea of the revenue you are going to…

Read More

Watch your costs to hold onto profits

By Funeral Director Daily / May 18, 2021 /

When I last wrote an article pertaining to inflation one of Funeral Director Daily’s readers contacted me to tell me that his studies indicated that funeral pricing increases did not always correspond with inflationary rates or the rise of the Consumer Price Index.  Sometimes funeral pricing was higher and sometimes it was lower than the…

Read More

Will inflation affect your operations

By Funeral Director Daily / April 9, 2021 /

If you have followed my writings for any length of time you know that I look to emerging trends to get a “gut feel” on what is going to be happening in the business world.  Getting that gut feel doesn’t always lead to making fundamental business decisions, but it does lead me to continue watching…

Read More

Subscribe to Funeral Director Daily
Enter your email address to join 3,502 readers who subscribe to all Funeral Director articles.

advertise here banner