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Funeral Homes, Mortuaries, Cemeteries, and Crematories

SIC 7261  /  NAICS 812200 

The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.

Select from the following page sections or scroll down the page below for a complete listing of all available resources:

Industry Overview, Issues, Trends, and Outlook

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources



For resource guides specific to other industries, see Industry Information Resources which covers over 400 individual industries.



Industry Overview, Issues, Trends, and Outlook


Funeral Services
http://www.firstresearch.com
Profiles cover key aspects of an industry's size, scope, and operations, recent news and developments, industry trends, risks, and opportunities, and include a five-year industry forecast. Profiles are updated quarterly and include:


National Funeral Directors Association
Information resources available from this trade association include:

What is A Funeral Director? / Statistics / Trends in Funeral Service
http://www.nfda.org/media-center.html  Select above titles from left menu
General information about the funeral service profession, as well as trends and statistics related to the industry. All information is accessible free online.

The Director
http://www.nfda.org/nfda-publications/the-director.html
Trade publication features industry news and information, with topics covered including business operations and trends, financial matters, legislative and regulatory developments, and more. Available by subscription only.


Bureau of Labor Statistics, U.S. Department of Labor
Occupational Outlook Handbook - Funeral Directors
http://www.bls.gov/funeral-directors.htm
Information provided includes a description of the nature of the work, number and types of jobs, education and training, wages and earnings, employment outlook, and sources for additional information. All information is available free online.

Funeral Homes  (81221)  |  Cemeteries  (81222)  |  Crematories  (OD4415)
Reports provide in-depth industry analysis and a five-year industry growth forecast, with special focus on the underlying structure and external forces and relationships that affect an industry and its performance. Report sections include:

Sample industry report is available free online.

Kates-Boylston Publications
American Cemetery / American Funeral Director
http://www.katesboylston.com/index.aspx
Trade magazines feature news and information for owners and professionals, with topics covered including business operations, preneed, marketing, cremation, insurance, technology, and more. Available by subscription only.

Casket and Funeral Supply Association of America
About The Casket Industry
http://www.cfsaa.org/about.php
Various sections provide an overview of the casket industry and provide information on casket design and costs and vaults and other outer burial containers. All information is accessible free online.

Industry Market Research Reports
Funeral Homes, Mortuaries, Cemeteries, and Crematories
http://www.marketresearch.com  Search for specific terms or keywords
In-depth business market research reports include information on market size and market segmentation; marketing strategy; product and market forecasts; business trends, risks, and opportunities; key participant profiles; market share data; and more. Summary abstract and detailed table of contents for each market research report is accessible free online.

Cremation Association of North America
Industry Statistics
http://www.cremationassociation.org/?page=IndustryStatistics
Annual CANA Statistics Report provides information on cremation practices, statistics, and trends for the North American market. Selected data from this survey is available free online; full report is available to members only.

Industry Market Analysis Reports
Funeral Homes, Cemeteries, and Crematories
http://www.bizminer.com  Search for "8122"
Industry statistics for funeral homes, cemeteries, and crematories include industry sales and sales trends, market size and market share by sales class, average company sales and sales per employee, staffing and employment trends, business start up activity and failure rates, and other business statistics on a national, state, and metropolitan area level. Sample market analysis reports can be viewed free online.

More Industry Research and Analysis
For more business research and analysis available from Standard & Poor's, Freedonia Group, Euromonitor, and other sources—including key business statistics, market research and analysis, and business trends and forecasts for a wide range of industries, see Industry Overview, Issues, Trends, and Outlook.




Financial Information and Financial Ratios


Industry Financial Ratios
Funeral Homes, Cemeteries, and Crematories
http://www.bizminer.com  Search for "8122"
Five-year comparative financial statement analysis includes income statements with expense detail, balance sheets, cash flow statements, and key business and financial ratios for funeral homes, cemeteries, and crematories. Reports are available by sales size range, and also in small business, sole proprietor, and business start up versions. Sample financial reports with detailed financial ratio analysis can be viewed free online.

More Industry Financial Analysis
For more business financial information and analysis available from Integra Information, RMA Annual Financial Statement Studies, and other sources—including financial statements, financial ratios, and other key performance indicators and benchmarks for a wide range of industries, see Industry Financial Information and Financial Ratios.





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Compensation and Salary Surveys


National Funeral Directors Association
NFDA Compensation Survey
http://www.nfda.org/fp-resource-store.html  Search "Title contains" for "compensation"
Biennial salary survey provides compensation and employee benefits information for executive, management, and staff positions.

ERI Economic Research Institute
Funeral Homes, Cemeteries, and Crematories Salary Survey
http://salary-surveys.erieri.com/
Salary survey provides compensation data for executive, management, and hourly personnel on a national and state level by company size. Complete listing of job positions included in the survey and sample pages for selected job positions are accessible free online.

Bureau of Labor Statistics, U.S. Department of Labor
Occupational Outlook Handbook - Funeral Directors
http://www.bls.gov/funeral-directors.htm
Information provided includes a description of the nature of the work, number and types of jobs, education and training, wages and earnings, employment outlook, and sources for additional information. All information is available free online.

Officer Compensation Expense
See "BizMiner Industry Financial Ratios" above for report including this data.
Five-year comparative financial analysis details officer compensation expense in both dollars and as a percentage of sales. Available by sales size range, and also in small business, sole proprietor, and business start up versions. Sample financial reports can be viewed free online.

More Compensation and Salary Data
For more compensation and salary survey data available from ERI Economic Research Institute, PayScale, Salary.com, and other sources—including average salary, salary range, incentive compensation, and employee benefits information for a wide range of jobs and industries, see Compensation and Salary Surveys.





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Business Valuation Resources


National Funeral Directors Association
Buying A Funeral Home
If You're Buying or Selling a Funeral Home, Timing is Everything

http://www.nfda.org/fp-resource-store.html  Search "Title contains" for "buying"
Publications address the factors to be considered and the steps involved in buying or selling a funeral home, including funeral home valuation, the impact of current economic conditions, and timing and planning considerations.

Kates-Boylston Publications
The Dealmaker's Guide To Funeral Home Transactions
http://www.katesboylston.com/index.aspx?page=dg
Publication addresses how to value, buy, and sell a firm without overpaying or underselling and provides step-by-step guidance through the valuation process.

BVMarketData
Private Company Sales Transactions Databases
Pratt's Stats®  http://www.bvmarketdata.com/PSAdvSearch.asp
BIZCOMPS®  http://www.bvmarketdata.com/BIZAdvSearch.asp
Free "Visitor Search" allows users to search thousands of private company sales transactions by SIC Code, NAICS Code, or business description for comparable business sale transaction data, including revenue, earnings, and EBITDA multiples. Data can be purchased as a single report or by subscription.


More Business Sale Transaction Data
For more business sale transaction data available from BizBuySell®, Done Deals, Mergerstat, Public Stats™, and other sources for a wide range of industries, see Business Valuation Multiples and Merger & Acquisition Transaction Data.




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