June 10, 2020
Published by 
Nicole Vullo on June 10, 2020
Nicole Vullo on June 10, 2020On June 5, 2020, the Paycheck Protection Program Flexibility Act (PPPFA) was signed into law.The new act allows businesses with forgiven PPP loans to postpone Social Security taxes through the end of 2020. Before this new act was signed into law, any loan recipients were required to stop postponing Social Security taxes as soon as any portion of their loan was forgiven. The additional provisions include: Reducing of the percentage of loan funds to be spent on payroll from 75% to 60% Expanding the “covered period” for use of the loan from eight weeks to 24 weeks Expanding the period of time for employers to overturn reductions in employment that took place between February 15 and April 26, 2020 from June 30, 2020 to December 31, 2020 Increasing the loan maturity time period from two years to five years Allowing […]
June 5, 2020
Published by 
Foresight on June 5, 2020
Foresight on June 5, 2020On June 4th, we were honored and pleased to share with you, The Foresight Companies 2020 Funeral and Cemetery Consumer Behavior Study: Insights & Key Findings Webinar. We hope that the information presented was insightful and eye-opening for you and your business especially during these uncertain and trying times. We are happy to share with you some content we feel will be most useful as we learn to adapt our business operations to the new normal. Watch the recording of the webinar now to learn about our study! The COVID-19 Pandemic has presented us all with unparalleled challenges we never expected. We here are at The Foresight Companies want to be your resource for all things related to managing your business operations. All of us here at Foresight want you to know that we are moving forward, together. Rely on us […]
June 3, 2020
Published by Foresight on June 3, 2020
Foresight on June 3, 2020The COVID-19 pandemic has forever impacted consumer attitudes and behaviors in three key areas of the funeral and cemetery business including the buying and shopping process, the necessity of physical presence to support loved ones in their time of need, and the influence of technology on both. The video below from ABC 13 Houston gives more insight into our Consumer Behavior Study on the Funeral & Cemetery profession during the COVID-19 pandemic. (This video was reshared with permission from ABC 13 Houston)
May 28, 2020
Published by Nicole Vullo on May 28, 2020
Nicole Vullo on May 28, 2020REGISTER TODAY FOR OUR LIVE WEBINAR Thursday, June 4, 202010:00 AM (Arizona/PDT) / 1:00 PM EDT (One Hour) The pandemic has significantly altered consumer attitudes and behaviors in three key areas of the funeral and cemetery business – the buying and shopping process, the necessity of physical presence to support loved ones in their time of need, and the influence of technology on both. These new attitudes and behaviors will change the way funeral and cemetery professionals conduct and grow their business. Don’t be left behind!This according to The Foresight Companies 2020 Funeral and Cemetery Consumer Behavior Study. The pandemic has necessitated consumer use of technology to adapt their behaviors to a business steeped in tradition, and the survey makes clear that these behavior changes are here to stay. For example, 75% of consumers now want pricing online – a practice virtually unheard of today, and […]
May 28, 2020
Published by 
Nina Renee on May 28, 2020
Nina Renee on May 28, 2020“Coronavirus Pandemic Forces the Funeral Industry Online” was the top story in CNBC Business News on May 27th, referring to key findings in Foresight’s revolutionary study designed to understand consumer attitudes, perceptions and behaviors about the funeral and cemetery industry prior to, during and after the Covid-19 pandemic. Jane Wells, a prominent reporter for CNBC news, recently interviewed Chris Cruger, Chief Operating Officer of the Foresight Companies, to discuss key findings of The Foresight Companies 2020 Funeral and Cemetery Consumer Behavior Study. CNBC highlighted the fact that the $20 billion funeral and cemetery industry is being forced to meet the challenging desires of the customer. Wells noted that online price transparency and live-streaming of funeral services may be the norm going forward, even as the country begins to open up. She also emphasized that people are increasingly preplanning their funeral […]