August 28, 2025
As of today, we are almost 75% of the way through 2025 and here is what we have seen: Rates remain unchanged since the beginning of the year, however optimism towards cuts is rising after a negative revision on employment figures. This, combined with mounting political pressures placed upon the Federal Reserve, has the odds of rate cut in September sitting at 85%. From a demographics perspective, the United States population curve remains as inverted as it has ever been, with over 30% of the population falling into the 55+ age range. Of that 30%, over 16% fall under the 65+ age range. With these factors in play, estimates for death rates in 2026 come in around 9.25 to 9.30 deaths per thousand, with theses figures expected to rise past in subsequent years. Appetite and interest in the profession continue […]
July 25, 2025
In funeral service, first impressions aren’t optional — they’re foundational. We don’t get the luxury of a second chance. Whether it’s a family walking through your doors, calling in the middle of the night, or googling you while sitting in an ICU waiting room, that first contact sets the tone for everything that follows. And here’s the kicker: that first impression might happen in the arrangement room — but it probably happens long before that. The family may have already decided to call you before you ever speak. Maybe it was your hearse they saw last year at a neighbor’s service. Maybe it was the way your staff carried themselves at a community event. Maybe it was your website — easy to use, or a mess of outdated links and confusion. Or maybe it was your name coming up in […]
June 25, 2025
There’s no perfect script for telling your team you’re selling the funeral home—but there is a wrong way. That’s not addressing it head on, keeping things vague, or waiting too long and letting your staff hear it from third parties like their casket rep. In a profession built on trust and relationships, that kind of surprise doesn’t just bruise morale—it can erode the culture you spent a career building. Selling your funeral home isn’t just a transaction. You’re handing over something deeply personal—a community institution, a brand your team helped shape, a space where families found comfort. When staff are kept in the dark until the last second, it stirs panic, invites rumors, and makes buyers wonder if they’re inheriting a team—or a time bomb. Here’s how to do it better. These aren’t just bullet points from a handbook—they’re lessons […]
April 23, 2025
In the ever-evolving funeral and cemetery profession, making informed financial decisions is more critical than ever. Whether you’re managing day-to-day operations, planning for a significant capital investment, or considering a business expansion, a well-crafted financial model can be the key to unlocking clarity and confidence in your decision-making. What Is a Financial Model and Why Does It Matter? A financial model is essentially a comprehensive summary of your funeral home’s income, expenses, and cash flow, all neatly organized in a spreadsheet. It is designed to answer pivotal questions about your business’s future. For funeral home owners, a financial model can help you: Plan Your Budget: Ensure that your revenue streams—from services like funeral arrangements and merchandise sales—cover your expenses, including staff wages and facility upkeep. Evaluate Investments: Decide whether purchasing new equipment (such as a retort or updated vehicles) or […]
January 28, 2025
Selling a business is both a significant milestone and a complex endeavor. One recent case involved the sale of a family-owned business and offered valuable insights for owners preparing to sell. The challenges faced during this process revealed three crucial lessons every business owner should keep in mind to achieve a successful transaction. Establish Clear and Realistic Expectations One of the biggest hurdles in this case stemmed from unrealistic expectations about the business’s value. The owners’ valuation, heavily influenced by external comparisons, far exceeded what the market deemed reasonable. This misalignment led to initial frustration and delays in negotiations. What Owners Can Learn: Understanding the factors that influence a business’s valuation is critical. Relying on sentimental value or unsubstantiated comparisons can lead to disappointment. Instead, work with experts to gain a realistic perspective grounded in market trends, operational metrics, and […]