Jared Tanke

Have you considered selling your funeral business but didn’t know where to begin? We understand that the decision to sell can be overwhelming. We asked Jared Tanke to walk us through the process from start to finish. Question: What does it looks and feel like to sell my funeral home?  Jared Tanke: You may have had conversations with your fellow funeral home owner friends, and I am sure the topic of selling has come up. Maybe one of your friends has recounted his or her experience in selling, and you may have heard several buzzwords, including a “multiple” which is very common language when talking about a business acquisition. But what do these people actually go through? What does the process of selling your funeral home look and feel like? It is such a big life event, and there are […]

Have you ever wondered what to do if your property/real estate value is worth more than the actual value of your business? This is actually a common occurrence and a question we are often asked to provide guidance on. Our Senior M&A Analyst, Jared Tanke is back to provide informative insights and various scenarios. Question: What should I do if my property/real estate is worth more than the value of my business? Jared Tanke: I have heard this question much more frequently over the past few years as property values have appreciated at an exponential rate, and it’s a fair question. In last month’s Ask the Analyst, Jarod Bernat answered the question about the difference between valuing real estate as “highest and best use” and “Special-use” which goes hand in hand with this month’s question. There are a few different […]

With just a few months left in the year, it is vital as funeral home owners and cemetery operators to have a strategic plan in place for the upcoming year. We understand that this can be complex and needs a high level of detail. Many often are challenged with understanding the true value of their business. We asked Senior Business Analyst, Jared Tanke to further elaborate on the importance of knowing your business value.  Question: What is something your clients struggle with? Jared Tanke: Understanding value is one of the things that some of our clients struggle with as business owners. There are a lot of moving pieces that go into the value of a business operation. Often we hear from a client that a competing funeral home sold for some very high price, and they believe that their business […]