Funeral home valuation, Funeral home appraisal, Cemetery Valuation, Cemetery Appraisal EBITDA became popular in the 70s and 80s when buyers were trying to locate companies that had strong cash flow outside of financing and capital Expenditure concerns. Since buyers were going to change the capital structure anyway, it was convenient to have a quick apples to apples [...]
Funeral home appraisal, funeral home valuation, cemetery appraisal, cemetery valuation Multiples and how they are chosen For the past 20 years Funeral Home Values have been expressed most often as a multiple of EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization). It was not always so. Prior to the 90’s values were often expressed as [...]
Breaking The Cycle DeathCare is in its 13th year of declining profitability. Last year is reported as our worst year ever and it's beginning to tell. Answer these questions: ___Do you sometimes feel trapped? ___Do you sometimes dread going to work? ___Is it easier to do it yourself than tell someone how to do it? [...]
An Easy, Practical Way to Engage Staff In an aprocryphal story a "burned out" Russian Priest takes a sabbatical in a wilderness retreat hoping for renewal and reenergizing. Depressed and discouraged, he takes a walk in the nearby woods and stumbles on a military encampment. Immediately, he is challenged by the sentry: "Halt, who are [...]
Wise words from Coach Nick Saban, Football Coach, University of Alabama Are you in danger of becoming irrelevant? It's easy, you know? Countless organizations have achieved this dubious distinction. Here are the warning signs: Facilities are outdated and tired looking Staff are disengaged, marking time and unmotivated More time is spent whining than doing Customers [...]
5 insights to packaging funerals Numerous funeral homes are implementing and experimenting with package pricing with excellent success. But little is known about the principles of packaging (elsewhere known as bundling) outside of the fact that fast food and car dealerships have been doing it for years. Those that have adopted package plans find it has helped them [...]