by Admin | Nov 15, 2022 | Business Management, Business Tips, Financial Management, Valuations
As 2022 comes to a close, it’s time to start planning out the new year. By holistically examining the position of your funeral home’s value, staff, and clientele, you can start strategically planning the vision that will carry you to success. Here’s where to start. ...
by Marissa Morah | Aug 4, 2022 | Business Tips, Financial Management
There’s nothing more rewarding than freeing up cashflow or growing your business through the acquisition of another location. The key is how you do this without putting yourself in a worse spot than you started. Here’s what you need to know: What...
by Marissa Morah | Aug 1, 2022 | Blog, Business Management, Financial Management
Commercial loan interest rates are rising, but they’re still historically low. This leaves many funeral directors wondering: Is it time to refinance? Refinancing your funeral home’s debt to a lower rate can help free up cash flow, increase your financial flexibility,...
by Marissa Morah | Jul 1, 2022 | Business Management, Financial Management, Opportunity
Every funeral director understands the importance of tracking their money, and many take on accounting duties themselves; however, there is much more to accounting than tracking revenue and expenses in preparation for tax season. When implemented properly, accounting...
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 | Dec 2, 2021 | Business Tips, Financial Management
Whether you’re just starting to dip your toes into the business or have been working in the profession for years, buying a funeral home is no small feat. In addition to considering the legal and financial concerns that come with brokering a business of any sort,...
