Issue link: https://nebusinessmedia.uberflip.com/i/1534928
V O L . X X X I N O. I X M AY 5 , 2 0 2 5 4 A division of New England Business Media LLC C E O / GROUP PUBLISHER Peter Stanton P R E S I D E N T Tom Curtin DIGITAL DIRECTOR Jan Holder SENIOR ACCOUNT MANAGERS Ken Hanson, Kerry Rasor, Betsy VanderPloeg ACCOUNT EXECUTIVE Michelle Phillips EVENTS & MARKETING DIRECTOR Samantha Elliott OPERATIONS AND ADMINISTRATIVE MANAGER Allison Spies AUDIENCE DEVELOPMENT SPECIALIST Leah Allen CONTRIBUTING WRITERS Mark Jeanneret Carrie Yardley RESEARCH DIRECTOR Stephanie Meagher RESEARCH ASSISTANT Heide Martin ART DIRECTOR Matt Selva HOSPITALITY Buster HOSPITALITY EMERITUS Malcolm, Zoey PUBLISHER Andrea Tetzlaff EDITOR Peter Van Allen DEPUTY EDITOR Renee Cordes DIGITAL EDITOR Alexis Wells SENIOR WRITER Laurie Schreiber STAFF WRITER Tina Fischer C O N T E N T S How To Set yourself up for succession success Business transitions When buying companies, new owners seek to honor legacies while eyeing the future 13 10 14 Preparing for the future Two family businesses managing succession 17 How To Sell your business to maximize value and minimize regret B U S I N E S S S U C C E S S I O N A N D T R A N S I T I O N F O C U S N E W S T U DY S H OW S M A I N E I S T H E N O. 2 4 B E S T S TAT E F O R O L D E R WO R K E R S, S E E PAG E 9 ยป Philip Hussey, Chenmark VP and Thos. Moser CEO P H O T O / T I M G R E E N WAY 10 Matt McAdam, owner and orchard manager, holds his son William with his daughter Madeline, his sister Polly and his parents Ellen and Jack at their McDougal Orchards in Springvale. P H O T O / T I M G R E E N WAY 14