By Andrew Kennedy, AVP - Funeral Home & Cemetery Lending at Live Oak Bank In our recent Voice of the Customer Survey, powered by Barlow Research, 28% of Live Oak customers cited cash flow management as a primary concern. Effectively managing cash flow is paramount to the sustainability of any…
Read MoreBy Thomas A. Parmalee If you know someone who needs their estate settled, think twice about volunteering for the job. Alexandra Mysoor, who once offered to settle the affairs of a close family friend, learned that the hard way. When it was all said and done, she had spent about…
Read MoreBy Thomas A. Parmalee When Service Corporation International detailed its second-quarter earnings on a conference call with Wall Street analysts Aug. 2, two things got a lot of attention: its new preneed agreement with Global Atlantic and some accounting changes in SCI Direct business. Tom Ryan, the company’s president, CEO…
Read MoreBy Thomas A. Parmalee If you’ve ever suddenly found yourself as the executor of an estate, you know that it can be a real chore. As one of several heirs to a small estate that was recently “created” so to speak when multiple family members of mine died around the…
Read MoreDid you know that nearly $70 billion in assets of estate assets are currently unclaimed? That’s the estimated value between bank accounts, real estate, retirement accounts and more according to the National Association of Unclaimed Property Administrators. Sunset Software's latest innovation, the Free Estate Asset Discovery Tool, helps families find…
Read MoreBy Bill Williams, president and CEO of FSI Although we hear of cyberattacks often, the reality of a data breach incident can often seem improbable – at least until it hits close to home. The Florida Department of Health recently suffered a cyberattack, causing the operations of funeral homes and…
Read MoreBy Thomas A. Parmalee When you get a chance to make three to four times the typical rate of return compared with a traditional investment, you take a good look at it. At least, that’s what you do if you’re Steve Shaffer, president, CEO and board chair at Homesteaders Life…
Read MoreAlan Creedy and Danny Jefferson, two funeral service innovators who host a popular podcast, shared a myriad of insights in about 10 minutes in the latest episode of “Two Guys and A Question.” Focusing on how to tackle the challenge of there being “too much month at the end of the…
Read MoreFuneralVision.com recently introduced its Jobs Listing Engine to connect employers in funeral service with qualified staff. Thomas Parmalee, the founder of FuneralVision.com, said he decided to develop the Jobs Engine after seeing how many funeral homes and suppliers are struggling to find qualified staff. "There is no doubt about it:…
Read MoreBy Thomas A. Parmalee Tony Kumming had just graduated from Ball State University with a degree in mathematical economics. But he needed to find something to do before heading off to law school. So, he got a job at the funeral home consolidator located in the Tampa Bay area, where…
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