Thought Leadership

January 26, 2022

Finance 301: Chapter 1: The Future is Cremation

My Knowledge Transfer Plan Chapter 1: The future is cremation Two issues ago, I turned 68 years old. I mention this because I feel I bear a responsibility to this profession, one that has allowed me to build a company and serve more than 3,000 of its members during my career. While I have written more than 500 articles and four books covering many topics, I now want to systematically share all I have learned for the benefit of the next generation of business owners. I call this my Knowledge Transfer Plan (KTP). We human beings know we are not immortal, and I do not want to take any more knowledge with me to the grave than reasonable. (Yes, I will be buried.) With that said, please note that this column is now called “Finance 301.” This is the graduate-level […]
December 21, 2021

Legal Check: Funeral Home Negligence

Scenario: Ibanez Family Funerals & Cremations has been a successful family-owned funeral home business in Texas for the past 17 years. Due to the continued rising cremation rates in his market, Richard Ibanez decided to build out and expand his prep room space along with having a cremation area and retort installed about three years ago. Along with being licensed funeral directors, Richard’s two sons, Bill and Ricky, are also responsible for managing the prep room and the crematory, respectively. The Ibanez family has continued to serve their community extremely well with both their funeral and cremation service offerings. Unfortunately, Ibanez Family Funerals & Cremations has been dealing with two very angry families who might threaten to bring lawsuits against them. Both families have the last name of Smith. Adam Smith was a 28-year-old male who died in the line […]
December 20, 2021

Making Your Cemetery the Trendy Hangout

How can someone make a cemetery a place that people will be happy to come to? The lore and fiction of our society have us avoid cemeteries. We even believed that whistling while passing a cemetery protected us. In the south, the Gullah Geechees believed in holding their breath to keep the “haints” away (“haints” is Geechee for haunts). Many people have their own personal experience of being in a cemetery typically involving saying goodbye to a loved one. So how can someone make a cemetery a fun place to visit? Well, I have seen it done well. It takes a reset of your mindset. Think about who your consumers are? If you think your consumers are the deceased who are interred in your property, I would ask that you rethink that answer. I think you have two groups of […]
December 20, 2021

Checking-in and Planning Your Success in 2022 Begins NOW

“If you fail to plan, you are planning to fail.”– Benjamin Franklin When we gather for the holiday this year, I suggest we take a moment to be thankful. This has been a very long, hard past couple of years. The death care profession has gained new levels of recognition in the media and society. The emergence of the profession as the “last responders” has propelled it to new heights. However, this recognition does not come without a price. Many are worn out, stressed and on their last nerve. The past couple of years have been difficult for most, but extraordinarily so for our profession. To continue to do the incredible work that you do, you must be at the top of your game. Make sure that you are taking care of your –and your staff’s – mental health. There […]
December 20, 2021

Chapter Twelve: The Economics of Preneed Theft

Competition is good, but theft by deceit and unfair business practices is anti-competitive. Sadly, the words “preneed” and “theft” can go hand in hand. I’ve seen people steal preneed deposits, falsify insurance claims and fail to make deposits into various trusts. These people, of course, are crooks. The thing is, they themselves would tell you they are crooks and knew they were breaking the law. There are others, however, who could be stealing preneed funds, but these individuals don’t think they’re doing anything wrong. They even commit their misdeed in the open, and if caught, will not be prosecuted. Who commits these nefarious acts, you ask? Some employees, when they leave a place of employment, choose to co-opt confidential business property and goodwill, then use it to try to convince consumers to move their established preneed arrangements to another funeral […]
Call Now Button