by Marissa Morah | Oct 21, 2021 | Blog, Business Tips, Sell My Business
According to a study from the National Funeral Directors Association, nearly 75% of funeral directors have neither an exit strategy nor a succession plan. Among those who do have a plan, the majority of them have yet to put it in writing, meaning they’ve yet to begin...
by Marissa Morah | Oct 19, 2021 | Blog
Those who enter the funeral profession do so with a desire to assist those experiencing a loss. Much like nurses and police officers, they become pillars of their communities, helping families through tough times in their lives. However, the work of death care––while...
by Marissa Morah | Oct 14, 2021 | Business Tips
Diving into the Requirements to Open a Funeral Home If you’re thinking about opening a funeral home, then you’ve arrived at an exciting time. The funeral industry, once dominated by legacy businesses, is changing in unprecedented ways. A rise in cremations, shift to...
by Marissa Morah | Oct 12, 2021 | Business Tips, Financial Management
Whether you’re just starting a funeral business or you’ve been doing it for decades––with the revenue to show it––there is always room for improvement. As the saying goes: In business, if you’re not growing, you’re dying. While this expression might be a bit...
by Lacy Robinson | Oct 8, 2021 | Articles, Blog, Business Management, Business Tips, Opportunity
Take a second to think about all of the online accounts you have created over the years for personal and business use. From online banking to social media accounts to perhaps multiple email addresses even signing up for email discounts from Macy’s and other...
by Madison Wagner | Oct 8, 2021 | Articles, Blog, Business Management, Business Tips, Financial Management, Opportunity
In order to predict the future, you must first have a firm grip on the present. To gain this understanding, Johnson Consulting Group sent out a survey to its clients seeking the current prevailing perspectives and attitudes in the funeral services and cemetery...
by Marissa Morah | Oct 8, 2021 | Business Tips
Selling a Funeral Business: Keys to Your Success While you likely know the process of running your funeral home like the back of your hand, the decision to put it on the market should not be made lightly or hastily. You’ll want to consider market conditions, the value...
by Marissa Morah | Sep 28, 2021 | Business Tips
Looking To Reduce Your Overhead Costs? Here Are 8 Tips To Get You Started As your funeral home grows, the more business brought in should result in increasing margins between your revenue and overhead costs. Often, however, overhead costs begin to creep up too and...
by Madison Wagner | Sep 22, 2021 | Articles, Blog, Business Management, Business Tips, Financial Management, Opportunity
“You are surrounded by simple, obvious solutions that can dramatically increase your income, power, influence and success. The problem is, you just don’t see them.” -Jay Abraham What many people don’t realize is that their preneed trust account may be full of...
by Madison Wagner | Sep 16, 2021 | Blog, Business Management, Business Tips, Financial Management, Opportunity, Sell My Business, Succession Planning, Valuations
For businesses of any size, a strategic plan serves as your backbone. Most often contained in a document, a strategic plan articulates your business’s goals, its means of achieving them, and any key performance indicators. When implemented properly, a strategic plan...
