Posted by Harrison Friedes on Thu, Jul 05, 2018 @ 10:56 AM
Like Charon, the Greek mythological god who helped Hercules and other heroes reach the underworld, 21st century funeral home directors are tasked with guiding people to a final resting place. In that spirit, funeral home directors, owners and financial directors will meet to discuss how to improve their businesses, increase profits and manage long-term goals. The conference takes place July 11 – 13 in Asheville, N.C., offering general sessions, continuing education units, discussion and networking events.
The NFDA Business Conference will equip attendees with practical tips and advice on how to apply financial concepts in the real world, build business organically or through acquisitions, and enjoy a fulfilling retirement.NFDA is the largest funeral association service in the country and has built a reputation for cultivating honor and trustworthiness in the educational resources and tools they provide to funeral home directors.
Here’s a sampling of the most captivating sessions.Wednesday, July 11
- 5:00 – 6:00 PM, Registration and Welcome Reception. (Finance, finance, finance. No attendee can leave this conference without knowing everything they could need to know about finance.)
Thursday, July 12
- 8:45 – 9:45 AM, “Financials from the Perspective of the Typical Funeral Home Business: Basic Concepts and Systems and Making Sense of it All.” (Presented by Robert L. Buhrig, Jr.)
- 9:45 – 10:15 AM, “The Critical Financials: What They Do, How to Use Them.” (Presented by Stephen M. Shaffer.)
- 10:30 – 11:00 AM, “Understanding Your Financials: What They Do, How to Use Them.” (Presented by David Adams.)
- 11:00 – 11:30 AM, “Group Exercise: Reviewing Funeral Home Financials.”
- 11:30 – 12:15 PM, “Key Financials Review: Ask the Experts.” (Participants include David Adams, William Bischoff, Robert Buhrig, Jr., Stephen Shaffer.)
A Sneak Preview
Take a look back at 2017’s business conference highlights to see what to expect for 2018.
Experienced Funeral Home Directors to Speak
This year’s conference is rife with speakers who have lengthy experience in the funeral home industry. Four speakers are heavily featured.
Meet Robert L Buhrig, Jr. Having worked in the industry for over 30 years, Buhrig became the owner and operator of Myer-Buhrig Funeral Home. Under his supervision, Myer-Buhrig became a full-service monument dealer that continues to better serve the community.
Then there’s Steve Shaffer, CEO and president of Homesteaders Life Company. Shaffer has served with Homesteaders since 2014 and comes from Foundation Partners Group, LLC, where he was also CEO and president.
With a bachelor’s degree in accounting and a master’s degree in corporate management, Will Bischoff has been honing his managerial skills in the funeral profession for over 20 years. Bischoff worked as an operations controller and vice president of Corporate Development for 13 years at Keystone Group Holdings, analyzing hundreds of funeral homes’ financial statements. Bischoff then joined Homesteaders Life Company as vice president of Strategic Markets where he works with funeral home owners to help them achieve long-term success.
Finally say hello to David Adams. He joined the Basketville Casket Company in 1984 with a degree in Mortuary Science. Adams worked in a variety of sales and management positions over the course of his 25-year tenure. He now works as a business development consultant with the Johnson Development Group.
The NFDA is hosting this year’s business conference at the Omni Grove Park Inn where attendees will be given the opportunity to mingle and discuss the day’s lectures:
- A welcome and registration session are waiting for all members Wednesday evening where plenty of time will be provided for introductions and niceties.
- Enjoy Omni Grove’s hospitality and the company of colleagues at Thursday’s and Friday’s continental breakfast.
- Thursday evening features a bus to Biltmore that will take attendees on a fantastical journey of wine tasting.
Additional Business Strategies
NFDA’s business conference is geared toward providing members with tools to master their funeral home financials. One important financial tool to keep in mind is CrossCheck’s Remote Deposit Capture (RDC).
CrossCheck's RDC service enables funeral homes to process guaranteed checks without going to the bank.
RDC can be enhanced with Multiple Check, a premium service providing a little extra time for consumers to make payments without applying for or using lines credit.
Consumers write 2 – 4 checks for a single transaction, all with the same issue date. Funeral home directors scan the checks with desktop imagers and send the data to CrossCheck for approval. Funding is guaranteed as each check is deposited on future dates designated by consumers over a 30-day period.
Download our free guide to learn more about Remote Deposit Capture with Multiple Check.