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Succession planning and what to know before you sell
Manage episode 487864910 series 2886436
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According to the National Funeral Directors Association, more than 4,000 funeral home owners are expected to sell their businesses by 2026. This trend is partly why succession planning has become a popular topic among funeral professionals, with many funeral home owners wondering how to get started and what their first step should be. Join us as host Paul Lovelace discusses the importance of succession planning with Jason Gazaille, Vice President of Finance at Funeral Directors Life. The two break down current trends in funeral home ownership, the need for a successor, the negative consequences of not having a plan in place, and more.
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