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.

The team at NewBridge Group knows that one of the most significant decisions in your career will be to create your succession plan – that’s why our mission is to help you understand this process. 

Based on our experience, there are several factors that can help make your funeral home more attractive, should you decide to explore a sale.

Brittney ‘s deep understanding of the day-in-the-life of a funeral director, a role many owners take on themselves, is key as she collaborates with owners on a customized succession plan.

A recent survey of former funeral home owners identify what they considered when selling. NewBridge recently surveyed a group of former funeral home owners who have sold their businesses in the last five years. Our intent was to gain insight into what former owners felt were the most important variables in their decision to sell

When you sell your business, life might be what you thought it was going to be like. But with NewBridge – and the right fit buyer – you can rest assured it was the right decision.

As a leading funeral home succession planner, we here at NewBridge Group often gets asked, “is now a good time to sell?” Of course, it is tempting to always say yes. The truth is, however, that only an owner can answer that question. Selling a business – particularly one that has likely been in the

Nearly 90 percent of funeral homes in the U.S. are privately owned by families or individuals. The NewBridge Group interfaces with independent owners across the country on a regular basis and hear their common challenges first-hand.  Many of their concerns lead down one road and unfortunately, that is a continuing and increasing squeeze on profitability.

Earlier this year, the NewBridge Group sent out an article entitled “Tax Implications of Selling Your Business in 2021 vs. 2022”.  We performed a “what if” analysis showing the tax effects of a business sale under President Biden’s proposed capital gains tax rate of 39.6% vs. the current rate of 20%.  However, throughout the course