by Admin | Feb 9, 2023 | Blog, Business Management, Financial Management
To run a successful funeral home, you need to hone your pricing strategy. Exceedingly low prices — while attractive to families — prevent you from turning a profit. On the other hand, over-inflated prices can prevent families from selecting a service altogether as...
by Michaela Oleary | Dec 13, 2022 | Blog, Business Management, Business Tips, Financial Management, Valuations
Questions to ask yourself as a business owner: As we near the end of the calendar year, you might be thinking about the status of your business. Are you growing in the ways you had hoped? Are you meeting or exceeding goals? Is your staff aligned with the goals you’ve...
by Admin | Dec 6, 2022 | Blog, Business Tips, Financial Management
To run a successful death care business, you’ll need to treat budgeting as an integral facet of your strategic planning — not just in the short-term but in the long-term, too. While industry trends can cause a funeral home’s revenue to grow or shrink within any given...
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,...
