August 21, 2014
In case you haven’t opened your eyes in the past 30 years, the funeral business has changed. It has changed from a business model based on merchandise to a business model based on service. Click here to read more Not Your Father’s Casket August 2014 AFD
August 1, 2014
As a reminder to readers, last month I promised that in the August column I would be writing in rhyme à la Dr. Seuss since I live my life following the basic storyline of the creation of this man (by the way, my favorite is If I Ran the Zoo). So, we are going Seussical! I’ll call this column Horatio Sees Ratio. Horatio sees a ratio. He sees ratios high and low. But before reading my last two columns, Horatio didn’t know a ratio from radicchio. Click here to read more Re-engineering Your Overhead Ratios – The Conclusion-August 2014- Finance 101-The Director
July 31, 2014
…funeral home owners are not respecting the largest expense in their operation. I have found that more time is spent maintaining the $50,000 hearse than the $300,000 staff! Click here to read more Why We Need to Manage Our Human Resources – The Director August 2014
July 31, 2014
Congratulations! Your small business has finally become profitable and now you can afford to pay yourself. You may have worked for free in the early days and now it’s time to pay yourself for your efforts. Accounting Newsletter August 2014
July 7, 2014
If I were Shakespearean, I’d have a soliloquy that began, “Ratio, Ratio, wherefore art thou, Ratio?” As I shared last month, I find ratios simply wonderful. In June, we covered operating ratios and those demonstrating revenue trends. This month, we’ll focus on the costs of doing business. Click here to read more of this article Re-engineering Your Overhead Ratios – Part 2-July 2014- Finance 101-The Director
July 7, 2014
Phoenix, AZ, July 1, 2014 – Today, Daniel M. Isard, MSFS announced that Erin Whitaker, CFSP, CPC has joined the team at his company, The Foresight Companies, LLC. “Erin Whitaker is a person of many talents and holistic business experience. ” Click here to read more Erin-Whitaker-Press-Release
June 25, 2014
Time for Your 6 Month Budget Review If the year is producing more revenue than budgeted, this is not the time to spend more money, but you can go into the closet and giggle a bit! Accounting Newsletter July 2014
June 24, 2014
In order for there to be an innovative solution, there has to be a problem. In order to be innovative, the idea must be new and creative. I would venture to add that any idea that the death-care profession is going to implement – especially when it pertains to consumers – must be simple and logical. Pricing Impressive Innovative Solutions – June 2014 AFD
June 24, 2014
If I asked you to write a story about a funeral home or cemetery in the year 2114 what would the story be? The Cemetery of the Future June 2014 CEM
June 24, 2014
Nothing is sexier to a finance geek than ratio analysis – the relationship of numbers to other numbers. If you think one set of data points rocks, you can’t imagine how much my blood pressure rises when I get to look at two sets of data points intersecting with each other! The only thing more erotic is… Re-engineering Your Operating Ratios – June 2014 Finance 101 The Director
May 30, 2014
Reading Financial Statements If you can read a nutrition label or a baseball box score, you can learn to read basic financial statements. If you can follow a recipe or apply for a loan, you can learn basic accounting. The basics aren’t difficult and they aren’t rocket science.
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.











