Blog

October 27, 2021

Chapter Ten: The Best New Thing

Why be influenced by someone you don’t respect? A confident owner/manager who knows that his staff and firm deliver exceptional service has no competitors.   Since I first set foot in a funeral home in 1984, one best new thing has come along and evolved. No, you can’t buy it. No, you can’t steal it. And no, you can’t copy it from your competitor. This new thing, however, will help you increase your profit and the value of your business by thousands. Will it bring a smile to your face? Absolutely! Is it advertised in the pages of this magazine? No. In fact, if you add it to your repertoire, you will be the only one to have it. You should be warned that it is as infectious as any virus, though, so it will infect your staff and those […]
October 27, 2021

Hiring for Your Business?

Most employers are at least aware of the issue of independent contractor versus employee. But making the determination has never been clear. The Department of Labor issued a final rule clarifying the standard for independent contractor versus employee under the Fair Labor Standards Act (FLSA). That may sound encouraging, but it is doubtful that the rule consisting of more than 1,200 pages makes the designation any easier. In reality, the rule only clarified the factors to consider that are still open to interpretation. The effective date of the final rule was March 8, 2021. Why does this designation make a difference? There is a financial incentive to declare a worker an independent contractor. But declaring one independent does not make it so—under the law. If a worker is deemed to be an independent contractor, the employer is not required to […]
October 6, 2021

Adapting and Evolving Your Business to Meet the Needs of the Consumer

2021 Funeral and Cemetery Consumer Behavior Study Insights Summary DOWNLOAD NOW The future is NOW for the funeral and cemetery profession. The question is, are you planning to adapt and evolve your business or plan your succession? If you are staying in the profession, we encourage you to download our Insights Summary on the results of our 2021 Funeral & Cemetery Consumer Behavior Study. You will discover how to embrace and implement the new changes that are vital to your future business success.
September 30, 2021

Industry Spotlight: The Inverse Relationship Between Interest Rates and Business Values

In this industry spotlight, we want to highlight key insights on the relationship between interest rates and business values. As part of the holistic approach to protect our country and our country’s economy when the Covid-19 Pandemic struck, the Federal Reserve did its part by going into the market place and buying up bonds.  They also signaled this will be a time when they will lock in interest rates, rather than having the market set rates on supply and demand.  This was herculean!  As affected as our economy was initially and continues to be from this problem, the economy has not faltered.  Now, as we see the light at the end of the pandemic tunnel, the Fed is alerting us that these self imposed restraints will be eased.  The question is, how does this affect you? Since most privately owned […]
September 29, 2021

HR Reality Check: Case Study #22

Scenario: Sally and Steve Mooney started Weacrematieu Cremation and Funeral Services 25 years ago. Located in the heart of a popular tourist area in the Southeastern United States, the local population continues to expand as jobs are readily available and the cost of living reasonable. Weacrematieu has experienced significant growth each year in the number of families it serves, which has created challenges for Sally and Steve in terms of hiring licensed qualified staff and creating attractive benefit programs to retain them. It has been difficult to find employees who see working at Weacrematieu as a “calling” rather than just a “paycheck.” To encourage employees to have long-term vision, some of the benefits require employees to be employed for extended periods prior to qualification, such as the retirement plan. Sally has created an employee handbook that provides a summary of […]
Call Now Button
The Foresight Companies Home Page Floating Banner