Our blog will be a place to find industry news and our opinion about these articles. It will also be a place to talk about the different initiatives we feel are important in the death-care industry as well as a place to put different community-oriented projects that we are either apart of or feel are important to share
We will be sharing other stories and expressing our opinions to better educate our community.
Death Care in the news.
We recently read Spencer Jakab’s article “Death-Care Stocks Have Made a Killing for Investors. Now It’s Time to Say Goodbye.” which was published in the Wall Street journal on March 29th. It caught our eye because the article puts into perspective most of the differences between a publicly traded funeral business and a family business. One specific difference this article highlights is cost. This graph below, which is in the article puts the cost difference into perspective
The article also talks about cremation and how the percentage of cremations is forecasted to double by 2035
“Changing attitudes toward cremation, typically cheaper than a burial, also may pinch funeral service profits. The NFDA says 40.4% of funerals involved cremation in 2010 but that the proportion is set to double by 2035.”
We feel this information is important because one of our competitors, Frank Vogler and Sons is owned and operated by a publicly traded company. We are listening to the families that we serve and understand that cremation percentages are on the rise. We are constantly looking for ways to better serve our families and feel like being able to educate our community is part of our duty as experts in the death care industry. Please drop us a line at firstname.lastname@example.org if you have any questions or commits!