Some Simple (but Effective) Business Math

Some Simple (but Effective) Business Math

When you own a business most decisions come down to one question: Does the math make sense? If you make a purchase will it pay itself off? Or better yet, will you make an immediate profit? For example, purchasing a new hearse will cost around $100,000. With 60 month...

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Purchase and Funding Economics for Funeral Homes

Purchase and Funding Economics for Funeral Homes

From 2005 to 2015, the cremation rate increased from 32.3% to 48.5% (16.2%). 2104 funeral homes shut their doors during the same period. Do the math. That means that for every 1% rise in cremation, 130 funeral homes close their doors. By 2030, the predicted cremation...

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