Funeral industry consolidation _ the funeral commander~jeff harbeson

The funeral industry continues to evolve and reflect that survival and growth are contingent on consolidation or strategic alliances. What is the cost of funeral services Just recently, Pierce Mortuary Colleges announced the merger with Worsham College of Mortuary Science. Douthit funeral home winston salem nc obituaries Interestingly, the announcement was made after a provocative interview on Episode 5 Funeral Nation TV about the need for change in the funeral service education system.

Portland funeral services Coincidence?

Vandor Corporation and C.J. Memorial park funeral home okc Boots Casket Company, Inc. Owens funeral home ashland virginia announced a strategic merger agreement this week which will strengthen their collective positions in the funeral marketplace for manufactured and fine hardwood products.

Earlier this year Matthews purchased Aurora Casket creating a funeral service/product manufacturing giant. Lafayette la funeral homes The new company is the only of its kind offering caskets, cremation solutions/equipment, memorialization products, cemetery products as well as funeral home management solutions. Legacy cremation & funeral services morris street Interestingly, their primary competition in this sector has been woefully left behind scrambling around the cornfield seeking headlines of significance. Preston funeral home phoenix arizona Of course the acquisition of Stewart by SCI sent a message exemplifying the necessity to consolidate for growth and survival of funeral homes.

What I have found most interesting is the reactions by funeral professionals to merger/acquisitions mentioned along with others that have been occurring as of late. Co op funeral london road brighton I can best categorize the majority of reactions as emotional rather than a business perspective. Farewell funeral home in fresno california When I say emotional, I mean like a street corner argument between the Sharks and the Jets in West Side Story. Advantage funeral home portland maine “I’ll never use so and so; I’m glad I went to school here because blah, blah; these guys are taking over the world” and so on.

The decisions of merger, consolidation and acquisition are for strategic and financial stability long term. All faiths funeral home smithville tx The due diligence ( defined as a comprehensive appraisal of a business undertaken by a prospective buyer, especially to establish its assets and liabilities and evaluate its commercial potential for those Dancing with the Stars readers) is conducted with expertise probably not taught in most mortuary school accounting classes.

Most that bitch and complain about the business of consolidation and merger rarely have done anything other than receive a check for their employment. Collins funeral services bassett va So little contributed yet so much said. Price of funeral services Few business owners or those that have developed businesses engage in the junior high cafeteria rhetoric because they have a true sense of the difficulty operating in our current market environment.

In a nutshell; in order to survive and thrive in the funeral industry whether a learning institution, funeral home, manufacturer or service provider, consolidation is key. Pre planning funeral services The decisions are made for the overall good of the brand and enterprise, not because of which colors look the best in the logo or the proverbial “we have always done it that way.” Get used to the headlines and I can assure you there are many more such alliances ahead. International funeral service brooklyn ny These are exciting times; either jump on board, do something yourself, create disruption or just stand there waiting for the good ole days to return.

From the Command Post and through a heavy fog of cigar smoke, Cheers Y’all! #thefuneralcommander

I give you a heart-felt civilian salute. Fair funeral home services You are always on top of the key issues and exposing the very truths most others afraid to acknowledge themselves much less via a blog. Zellers funeral home portland oregon You are an incredible spokesperson for my profession.

I’m blushing…(maybe it’s the early morning rum). Funeral homes falls church va Seriously, thank you. Wills funeral services inc We have a fantastic profession and tremendous people that make a difference in the lives of others every day. Logan funeral home obituaries london ontario My obligation is only to initiate thoughts for discussion and challenge all for their voice whether they agree or disagree. Pet funeral services ltd holywell I am grateful for your kind words and I’m a huge fan of your team @ Distinctive Life! Jeff

Thank you for your thoughts Bill…we have tremendous opportunity for the future only if we can let go of what once was and focus on what can be. Funeral home services offered As for the cigars, one a day is more than sufficient to stay healthy. Memorial park funeral home Let’s connect soon!

Leave a Reply

Your email address will not be published. Required fields are marked *