Ask the Analyst

At this point, funeral home owners and cemetery operators should have their 2023 strategic business plan near completion. One of the important elements in your plan is your targets and expectations for the coming year. We understand that this can be complicated due to the lingering impact that the pandemic has had on our businesses. We asked Senior M&A Analyst, Jarod Bernat to further elaborate on whether these areas need major adjustments. Question: How do I adjust my targets and expectations coming out of the pandemic? Jarod Bernat: This question has many different variables affecting how one may have seen the pandemic affect their business, and how they can expect the business to change again coming out of the pandemic. What we have seen with our clients at Foresight is that due to gathering restrictions during the height of the […]

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 […]