by Marissa Morah | Aug 11, 2022 | Business Management, Business Tips
During the pandemic, funeral businesses deployed extraordinary measures to stay afloat. We adapted to virtual gatherings, embraced the rising popularity of cremation, and––for many––weathered the storm of staffing shortages. As we reach the back end of 2022 and fall...
by Marissa Morah | Aug 10, 2022 | Blog
It’s important in every stage of your career in funeral service to realize you’ve never reached your peak of learning. Afterall, society continues to evolve which leads to family’s needs changing. We saw this happen in just the past two years with all of the shifts...
by Marissa Morah | Aug 4, 2022 | Business Tips, Financial Management
Securing financing is one of the first steps to starting your funeral home. And while important, it’s what happens after you’ve been approved for a loan that makes the difference. Here’s what you need to do. Perform a Break-Even Analysis Once you’re approved...
by Marissa Morah | Aug 1, 2022 | Blog, Business Management, Financial Management
Commercial loan interest rates are rising, but they’re still lower than they have been over the last decade. 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,...
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...
