by Madison Wagner | Sep 2, 2021 | Blog, Business Management, Business Tips, Financial Management, Opportunity, Sell My Business, Succession Planning, Valuations
If you’re getting ready to sell your funeral home, or you find yourself in the early stages of exploring a sale, it’s important to consider the challenges you might face. Appraising the value of your business, finding the appropriate buyer, and sealing the deal can...
by Madison Wagner | Aug 26, 2021 | Blog, Business Management, Business Tips, Customer Experience, Financial Management
Regardless of the industry, any business owner must face the issues of budgets, personnel, and growth. In the funeral profession, however, we face the unique challenges of a small business with emotional weight. Between engaging with our communities, building lasting...
by Madison Wagner | Aug 24, 2021 | Blog, Business Management, Business Tips, Financial Management, Opportunity, Sell My Business
Editor’s Note: We’ve seen some movement in the acquisition market so Funeral Director Daily asked one of the experts in the industry, Jake Johnson, to comment on what he has seen so far in 2021 and what may lie ahead. His comments follow: Jake Johnson: The...
by Madison Wagner | Aug 19, 2021 | Blog, Business Management, Business Tips, Financial Management, Opportunity, Sell My Business
Selling a business is never simple. Debts, assets, liabilities, employees, and market trends all play into the complicated process of finding a buyer and sealing the deal. In the funeral profession, you’ll find some peculiarities that further complicate the process. ...
by Madison Wagner | May 25, 2021 | Blog, Business Tips, Customer Experience, Events, Financial Management, Opportunity, Presentations, Q&A
Being an independent business owner can be overwhelming for even the most seasoned entrepreneur. Your business is growing, markets are evolving, and how you conduct your business is changing, which means no two years may ever look the same. When you take the...
by Claire Davis | Jun 9, 2020 | Blog, Financial Management, Uncategorized
Cash flow is one of the most important financial metrics of a funeral or cemetery business. The movement of cash in and out of a company is a strong indicator of monetary strength and market value, and cash flow problems can have severe (and sometimes...