May 22, 2014
If you are in business there is one supreme, almighty financial goal: earnings. We can talk about things that enhance your reputation and long-term growth, but the goal always remains earnings. Therefore, the key question of any business owner or manager should be: “How do you measure earnings?” I have looked at all methods to measure earnings, but the one measure I use consistently is earnings before interest, taxes, depreciation and amortization, otherwise known as EBITDA. Click below to see full published article.
May 22, 2014
Preneed isn’t just for funeral homes. Cemeteries can certainly benefit from boosting their advance sales – but it’s not an easy task, especially with the rise in cremation. We spoke to Daniel M. Isard, president of The Foresight Companies, and Paul White, vice president of client development and marketing with Funeral Services, Inc., who shared their thoughts on best practices for making advance sales. Click below to see full published article.
May 16, 2014
Isard leads off his analysis by stating, “In the 28 years I have calculated Funeral Service Inflation, this past year showed a number of trends that were totally unpredictable.” click link below to see full Press Release… Press Release on FSI 2013
May 14, 2014
In 2014, I’m taking readers through a business re-engineering plan, where profitability is looked at on a minute scale. So far, we’ve established the true overhead and itemized pricing. Now let’s take a look at the concept of service packages. Everyone, that is, except New York, which is restricted from using packages. If you‘ve studied funeral service, you know that the concept of packages is not new. In fact, it is very old. Prior to the establishment of the…
May 14, 2014
Every now and then a public official does something stupid. When President Obama was captured by his press photographer at the funeral of Nelson Mandela posing for a picture with the Danish prime minister, that was stupid. However, “stupid,” when applied to celebrities and our leaders has a different definition than “ignorant or uninformed.” No, “stupid,” when applied to the actions of a celebrity or politician usually means, “just like a common person.” What exactly did President Obama do, other than something that probably occurs in funeral homes throughout the United States hundreds…




