December 29, 2020
Published by 
Nicole Vullo on December 29, 2020
Nicole Vullo on December 29, 2020Additional PPP loans, EIDL grants, Pandemic Unemployment benefits and other small business relief are arriving in 2021. The total allotted for these new PPP loans is just more than $284 billion. As with the first round, businesses may be qualified for full loan forgiveness if portions are correctly spent within a certain time frame. Please be advised that the information is changing quickly and is based on recent information on the programs. It can and is expected to change. The Foresight team will be checking and revising as new information becomes available. It is strongly suggested that you do not rely solely on this for your financial decisions. Continue reading below as we answer some popular questions related to the new program. Who is eligible for the new PPP Loans? Many small businesses may be eligible for the new PPP […]
December 21, 2020
Published by Nicole Vullo on December 21, 2020
Nicole Vullo on December 21, 2020We want to continue to provide you with insight and guidance on Pricing. For this month’s column, we spoke with Doug Gober again as he answers more popular pricing questions. Continue reading below as we provide information on competitor pricing and package pricing! Question: Should I match my competitors’ prices? Doug Gober: The critical element of pricing should be how you want to be seen in the marketplace. Because the market is so segmented, it is challenging for a funeral home to be all things to all people. It would be beneficial to define who you want to be in the marketplace rather than who and how your competitors are. This idea of determining your position is certainly more important than seeing what your competitors in the market are doing. In some cases, you may not be at the same […]
December 11, 2020
Published by Nicole Vullo on December 11, 2020
Nicole Vullo on December 11, 2020Pet services can be a great addition to your funeral home offerings, but it must be well-thought out and planned. There are various business models you can use to start a pet business. The most common pet option that funeral homes choose to offer is pet cremation services. There are a multitude of considerations that must be made when beginning any new venture and pet cremation is no different. Our team at The Foresight Companies is well-versed in the financial, legal, operational, and marketing aspects of pet services and can help answer this driving question: Why should you offer pet cremation? We want to help you examine and understand the vast opportunity for implementing pet cremation services in your business model. Watch our webinar on-demand to hear key insights on: The Impact of Cremation on Funeral Business New Competition in […]
November 23, 2020
Published by Nicole Vullo on November 23, 2020
Nicole Vullo on November 23, 2020One topic we continue to be asked for insight and guidance on is Pricing. For this month’s column, we combined all of the most popular pricing questions into one comprehensive article. Continue reading below as Doug Gober, Partner provides information on setting prices, when an how often should we change prices, and more! Question: How should I set my prices? Doug Gober: Historically, Funeral Directors were notorious for comparing their prices to their competitor’s prices or they would take their best guess at what they are worth. Legitimately a firm should evaluate what it costs them to operate their entity. Every enterprise has different cost structures to operate One firm may be paying off debt while the other has been paid off for 20 years. Just that one item alone could alter how retail prices should be set for each […]
November 10, 2020
Published by Nicole Vullo on November 10, 2020
Nicole Vullo on November 10, 2020Dan Isard, Doug Gober, and Chris Cruger bring on accomplished Accountant to head up their Accounting Services Division. Phoenix, AZ—November 10, 2020 — “After conducting an extensive nationwide search we are pleased to announce we have hired Mark Kwosek as our Director of Accounting”, said Dan Isard Managing Partner of The Foresight Companies.” Mark brings a solid background and depth of experience, providing top level supervision of accounting services and team leadership.” Isard added. Chris Cruger, Chief Operating Officer and partner stated, “Our goal was to identify someone who has the skills and aligned with our vision to bring institutional excellence to our accounting services. We have faith that Mark can accomplish that.” As Director of Accounting Mark will supervise our rapidly growing business segment that provides accounting for the funeral and cemetery professions. He will also oversee the internal […]