For funeral home owners, the decision to sell represents not just a financial transaction but a significant milestone in their lives. After years of dedication to building a successful business that serves as the heart and soul of their community, the prospect of selling can be daunting. At NewBridge Group, we understand the gravity of
The decision to sell your funeral home is a significant milestone that involves careful consideration, particularly when choosing a buyer. After building relationships with funeral owners over the past 27 years and assisting with hundreds of successful acquisitions, NewBridge Group understands that finding the right fit is crucial. Here, we explore essential strategies for funeral
Many funeral home owners believe they can manage the sale of their business independently, saving money and time. While some achieve success, many others unknowingly forego a significant portion of their potential proceeds.
With more than 20 years of experience in assisting more than 300 funeral home transactions, we’ve identified seven crucial conditions that should be addressed to ensure a seamless and fulfilling transfer of your funeral home business to the next generation and/or an outside party.
Whether you have immediate plans to sell your funeral home or not, a valuation can offer insight into your business’s health and growth potential.
Selling your funeral home doesn’t necessarily mean you have to retire immediately. In fact, most owners choose to transition gradually.
By focusing on key areas, funeral home owners can position themselves more favorably in the eyes of potential buyers, increasing the likelihood of a successful sale that meets their objectives.
Despite the challenges of finding quality talent in the funeral industry, thoughtful strategies can help funeral home owners attract the best candidates.
Selling a funeral home is a time-consuming and emotional process. A successful transaction requires careful planning, experienced advisors, knowledge of the industry, and an understanding of the negotiation process.
Why partnering may be your most lucrative succession plan.