Money: Recent Episodes
Two Guys and a Question
As small business people we have all experienced the anxiety of having to meet payroll. It's no fun. While not completely avoidable there are simple measures you can take to be prepared for dry periods. Danny and Alan discuss how money works and how to manage it so you always have a reserve.
Most vendors absorb credit card fees. As more and more funeral homes accept credit cards to help their cash flow, they find the fees to be more than usurious often resulting in a 5 figure expense they can not afford. A new trend among funeral homes and other professions reverses that. Alan and Danny interview [...]
Not long ago, funeral homes were investing in merchandising caskets. With less than half of customers buying caskets today we need to put the same energy and focus into merchandising our service charge. This is an intentional process that only bears a passing resemblance to casket merchandising. Danny and Alan open a dialogue on the [...]
It is said that funeral homes rarely fail. But we all know that many are in decline. Can this be reversed? and, if so, how? Danny and Alan Discuss how it can be done.
Too many funeral homes settle for poor service. The November 30 surprise tax call is unacceptable. Alan talks about what you should expect from your accounting service.
Sure to upset someone, Danny and Alan discuss whether or not you should consider getting in the pet business.
Alan and Danny discuss the rapidly increasing compensation challenges of the profession
"Too Much Month at the End of the Money", "Robbing Peter to Pay Paul" Whatever you call it we have all been there. Small business owners face frequent challenges meeting payroll on a timely basis. Most think it has to do with profitability but the real cause is poor cash management. Danny and Alan discuss [...]