Thought Leadership

June 28, 2016

Cemetery Impossible – How should I handle a family who wants what would be our first private mausoleum?

MANAGEMENT/MAUSOLEUMS Having a family who wants to build a private mausoleum can be a daunting prospect if you don’t already have a section for private family estates. There are a lot of things to consider before you give the go-ahead. Dear Cemetery Impossible, I have a family who wants to build a private mausoleum on our cemetery property. Currently, we do not have a section within my cemetery that is set aside for a private family mausoleum. The footprint of their desired design would cover eight gravesites. I thought I could sell the rights to build the six-person mausoleum using the eight plots at the current price per plot. Can I also charge a fee for our consulting work in meeting, designing and building of the structure? I have so many questions about doing this. Can you help me? Dear […]
June 22, 2016

How Much Does an Employee Really Cost? – Finance 101 – July 2016

Dear Dan, I have been an owner for 20 years. As an owner, I have hired and fired employees. Part of my job at the end of each year is to decide what bonus, if any, to give to my staff and how much of a raise to give them as well. Since the passage of the Affordable Care Act, I now provide benefits for my staff as well. These benefits are not cheap. When employees question their salary, bonus or raise, I am tempted to show them their full compensation, including benefits. What can I include in the compensation figures to relay to them our investment in them as employees? Guilty Employer in Glitter Gulch Dear Guilty, This is a great question. We already know that, as a service business, funeral firms need people to provide the many services […]
June 16, 2016

HR Reality Check: Overtime

When separate businesses share the same employees, how should overtime pay be handled?  Stephanie Ramsey discusses the rules and options in this recent article for American Funeral Director.
May 26, 2016

Business Survival – Finance 101 – June 2016

Whether you sell to a family member, key person, outside individual or large company, the decision should be made with personal self-interest in mind. Dear Dan, I am 64 years old and the fifth generation of my family to own this business. We go back more than 125 years of family ownership. I have three children and it’s clear to me that none of them wants to continue the family ownership. One tried working in the business but did not like it. I myself, after a 20-year career outside of funeral service, came back into the business when my father got old. I am glad I did for many reasons. However, it disappoints me that this business may cease to be within my family. Frankly, I feel guilty and distraught. What last-ditch effort can I try to get my children […]
May 11, 2016

How to Sell More Preneed Contracts – AFD May 2016

I am certain that no one has written more about preneed in their lifetime than me. I am not bragging. I am trying to help. To me, selling preneed is easy. The tough part is finding the people that will talk to you about buying a preneed contract. Let me give you three simple steps to increase your preneed production by 100 percent within one year. Before I get you to start selling, I need to make sure you understand how to recognize if you have a good program. I will not bore you with charts and graphs about insurers or trust companies. Frankly, I will save that discussion for another day. I want to start with some basics. First, write down how many families you serve per year in total (go ahead write in this magazine). Now, write down […]
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