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Jay
Thanks again for the advice and insight. Ive often thought about the time off. I think I just need to sit down and take a good look at some stuff and decide what I want. Having options for yourself is always great. And I am working on trying to open up more options for myself in the future.
More people are pushing towards cremations. One is a cost and the other is more of the religious aspect from my understanding. I think less people believe in religion which factored into cremation vs a traditional burial. Most funeral directors are factoring the cost of the cremations now and adapting the price vs the full burial. I am not in the funeral business, but as much as people say the business we are in will be around forever I am not so sure. The transition away from traditional burial practices has drastically changed within the last 5-10 years. And the younger generation will continue that trend.
Libby
Thank you. I would be interested in the meetup. Not sure within the next month or two how my schedule looks since our “busy” time of the year is upon us. Depending on the dates and times I would definitely be interested. I actually went to LCCC in Schnecksville. Not sure how long or familiar you are with that area but we also do a display at the fair every year there as well. Not far from you guys, maybe 25-30 minutes depending where in Schnecksville you are. Would love to hear more about the meetup. Thanks
Jay
Thanks for the response and sorry about my delayed answers. Life got in the way yesterday
– Without giving myself away, I will say we are in the death care industry.
– It is successful. Hes been in the industry over 35+ years and has owned the company for about 28-29 years. Profitable, yes. The market has been up and down the last few years but still profits. I want to say it peaked and was at its highest right before I came on full time and stayed like that for the next 4-5 years.
– Yes. We get along. We do butt heads just like any other family business. We have always been good at leaving work at work and separating our work issues and home/life. We never take our issues outside of work. Is he easy to work with? A majority of the time. Again, just like any family business there are going to be times where you don’t agree or get along with one another.
– We have discussed the future of the current business along with some stuff that I had in mind for my personal self. He is the one that actually recently brought up another business he knows I am always interested in that was up for sale.
– The last one I will leave blank for personal reasons. I know what his plans and what he has done to exit and retire. But its never going to be a full permanent exit.I definitely am hesitant to leave. I want to get my own thing going. Part of me is miserable going into work each day and then part of me is still happy at points. Growing up I never thought I would be that way and never had any intentions of not continuing the business. I know a lot of people who would think I am crazy for leaving, but my happiness isn’t where I want it to be currently. I am taking at least this year and possibly next year to contemplate the ideas.
I guess more recently some of our work fights have lingered with me longer than they did in the past. So that has always stuck with me and made me just want to leave so our relationship didn’t suffer from work related issues.
Tem
Thanks. I live in a smaller area of NEPA just outside the “Pocono” region. My girlfriend is more from the Philly suburbs and went to school in Philly so I became more familiarized with Philly the last few years.
Probably to clarify the “family” business. Its my dads business and I am really the only other family member working. My mom helps out occasionally but no one else really is there. We did set some stuff up and recently went to an LLC so we do have the shares, etc portioned. Its always been that I would take care of the business and family when the time came. As far as it goes, if I do happen to decide against going with the business I want to transition myself out within the next 1-2 years and find work elsewhere. My main concern with exiting the business is letting my dad down. I don’t think he would be let down assuming leaving makes me happier. But its always the thought of it.
I have a friend in DC. Great city, very clean and nice although expensive. The cleanliness of that city compared to Philly is insane. I do love Philly but it definitely has to clean up the garbage and trash people throw on the streets.
SideHustler
I know you do sell from home supplies and have sourced. Start small. You do not need to make larger or more expensive purchases. But if you want to continue to grow reinvest your money that you make back into your business and let it grow. I believe I started out with less than $50 last year. I just continue to reinvest and learn. Start small and see where it goes. Best of luck and hope you have a great year
