mergers
Sometimes I can get going about a subject and give you my opinion before you have even had a chance to read the article and form an opinion on your own. Like everybody, my experiences that I have lived slant the opinions that I profess. And, while I grew up and operated as a 4th…
Read MoreThis article from Yahoo Finance indicates that Australian and New Zealand public funeral operating company Propel Funeral Partners is growing market share. According to the article it is growing both from acquisitions and an annual death rate increase in both countries. Here is an excerpt from that article: “In Propel’s FY19 investor presentation, the company…
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 MoreIt’s been a few years since I’ve actively managed our funeral home, but this recent article from the Minneapolis Star Tribune brought me back to one of the issues that I dealt with in the hiring of employees. That was the issue of non-compete agreements or covenants not to compete. Non-competes have historically been used…
Read MoreThere are a lot of reasons that businesses, including funeral homes, change operational and ownership hands. Sometimes a single proprietor gets a price that he just can’t turn down. Sometimes a single proprietor just wants to retire and either has no family to go into the business or family that wants to pursue other goals…
Read MoreAcquisitions continue to be announced in the death care business. It seems that there are a lot of businesses where the ownership is ready to transition out of the profession and there is an ever growing number of neighbor, regional, and national providers of funeral and cremation care that are intent on getting larger. In…
Read MoreTo cap off the week and the month of May we are forwarding to you three separate articles from the world of death care. Click on the links of these articles to learn more. State of Washington and its Death Certificate Problem- An editorial from the Spokane Spokesman-Review that you can read here goes into…
Read MoreEditor’s Note: I am out of the office this week. Because of that FDD will not be publishing an article on Tuesday or Thursday. I hope you enjoy the articles for Monday, Wednesday, and Friday I have scheduled. # # …
Read MoreThe common held belief in the funeral and cremation services business is that people will always need death care professionals to execute the lawful disposition of the deceased. However, another trend that has been taking place over the past ten years is that a larger percentage of the client families that you serve will be…
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