by Marissa Morah | Mar 31, 2022 | Business Tips, Financial Management
As a funeral director, one of your most important tasks is keeping track of your money––both in terms of revenue and expenses. Detailed financials are not only an essential part of planning, but they also come in handy when figuring out what you owe in taxes. Rather...
by Marissa Morah | Mar 29, 2022 | Business Tips
By offering employees at your funeral home an incentive compensation plan––that is, tying their wages to sales, client satisfaction, and company health––you provide an extra dose of motivation for exceptional workplace performance and increase the chances of...
by Marissa Morah | Mar 24, 2022 | Business Tips
Everything You Need to Know About Feasibility Studies for Expansions With the growing popularity of cremations and alternative funeral arrangements, many funeral directors are contemplating expanding their business. These expansions hold the potential to not only...
by Marissa Morah | Mar 10, 2022 | Sell My Business
Selling a business of any kind is a complex process, one that requires patience, planning, and fortuitous timing. And when it comes to selling a funeral home, you also face the issues of finding qualified buyers and determining the appropriate value of your...
by Marissa Morah | Feb 25, 2022 | Business Tips, Uncategorized
As the saying goes: “If it ain’t broke, don’t fix it.” For many years, the funeral profession operated by this logic, focusing on traditional burials and memorials that closely resemble those of the early 1900s. However, with the onset of the pandemic, we’re...
by Marissa Morah | Feb 23, 2022 | Business Tips
In the funeral profession, we know that cremation rates are on the rise, a trend that has only been accelerated by the pandemic. According to the Cremation Association of North America, the 2020 cremation rate was 54.6%, and in 2022 this number is expected to climb. ...
by Marissa Morah | Feb 15, 2022 | Business Tips
Unless you have an infinite supply of unused land, then there will come a time when your cemetery runs out of space for burials–this is especially true if your cemetery is landlocked. Naturally, approaching this limit is cause for concern. After all, if you no longer...
by Marissa Morah | Feb 10, 2022 | Business Tips
Before a family interacts with the team at your funeral home, they’ve already created an impression of your business based on your facilities. Your grounds, entryway, and other aspects of interior design have the power to convey the professionalism and care of your...
by Marissa Morah | Feb 1, 2022 | Business Management, Business Tips
The death care profession is uniquely positioned when it comes to marketing. Funeral homes provide services that everyone eventually needs, but many prefer not to think about. Because of this, you’ll need to carefully develop your marketing strategy, starting with a...
by Marissa Morah | Jan 27, 2022 | Sell My Business
Selling your funeral home or cemetery is a monumental decision. The timing must be optimal to ensure maximum value. This means taking a closer look at the market, examining the financial outlook of your business, and planning the finer points of your exit strategy. ...
