Jul 3, 2024 | Acquisition, Business Appraisal, Business Valuation, Buying a Business, Funeral Home
Are you an entrepreneur considering a new venture? Imagine owning a business that provides a vital community service and offers a strong return on investment. Owning a funeral home could be the perfect opportunity for you. Nothing is certain except death and taxes. As...
Jun 18, 2024 | Business Appraisal, Business Valuation, Funeral Home, Selling a Business
Selling a funeral home can be a lucrative and rewarding opportunity. It is a stable industry that provides essential services to the community. Yet, the sales process can be complex and challenging. Setting a purchase price can be difficult without a clear...
Nov 22, 2023 | Business Valuation, Funeral Home
Funeral homes provide a variety of services and products for those who are preparing for funerals. This includes funeral planning services, funeral merchandise, body preparation and burial, cremation, and transportation. An industry report on IBIS World notes that the...
May 24, 2023 | Business Valuation, Funeral Home, Value Drivers
Since most people pass through a funeral home after death, demand for funeral services remains steady. With high competition and recent changes in the industry, it is important to understand value drivers for a funeral home. A business appraiser analyzes these when...
Dec 10, 2021 | Business Valuation, Funeral Home, Valuation Approaches, Valuation Multiples
The funeral home industry is projected to grow over the coming years. As such, there is never a better time to buy or sell a funeral home. With more than 28,000 businesses across the United States, this industry generates over $16 billion in revenue. As such,...
Nov 16, 2021 | Business Appraisal, Business Valuation, Funeral Home
The need for funeral homes will always be there. Yet, there are many factors that contribute to the success or decline of a funeral home business. Because of the Covid-19 pandemic, revenues significantly increased. Funeral homes felt overwhelmed and overloaded with...
