December Newsletter: The Evolution of the Funeral Home Business
Spotlight Spotlight:
Registration is now open for Funeral IQ! This is a groundbreaking event on September 20, 2024 designed for funeral directors and cemeterians to gain knowledge to outsmart competitors, boost market share, and deliver more value to families.? Thought leaders from throughout the profession will share strategies to market products and services, navigate business transitions, leverage technology, and capitalize on new and innovative ideas.? Networking opportunities will be woven into the event, so you can further enhance your Funeral IQ by learning from your peers.?
To learn more about Funeral IQ and Register for the event visit www.Funeraliq.org
December Article Section:
Funeral directors often walk a tightrope when it comes to servicing their clients. They want to give each family the attention and care they deserve, while also making sure they are a profitable and efficient business. This can be achieved via supportive technology, which? enhances personalization for families while helping funeral homes reduce the time required to manage details.?
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When planning for the future of their funeral home, owners and operators have a variety of financing options to consider. One advantageous choice is the sale-leaseback, which allows for growth capital and/or liquidity. Learn more about what, why, when, and how to use a sale-leaseback when seeking growth capital, succession planning, and other financing opportunities.
Funeral homes have evolved in recent years to adapt to new technology, while also continuing to provide the human element so needed in this line of work. While some parts of the funeral home business may remain more traditional in nature, there are certain technologies – such as case entry, contract creation, and computer-based administration – that can help owners create a more efficient and effective business model.