Mainebiz

V O L . X X X I N O. X X S E P T E M B E R 8 , 2 0 2 5 8 B U S I N E S S M A I N E B U S I N E S S M A I N E B U S I N E S S N E W S F RO M A RO U N D T H E S TAT E port of entry in Madawaska. Perched on the border with Edmundston, New Brunswick, the nearly one-acre property sits at the northern tip of Aroostook County on the St. John River, at 63 Bridge Ave. U.S. Cus- toms and Border Protection closed the facility in 2024 and moved 1,000 feet to the west into the newly built Madawaska Land Port of Entry and International Bridge. e site includes a 5,800-square-foot facility that dates to 1959. ere's an additional one- story building with two canopies, a guard shack and generator shed. e property is surrounded by the St. John River to the north and a rail line and paper mill to the south, east and west. e online auction started Aug. 20 and will continue until 4 p.m. on Oct. 8. Bidding starts at $25,000 and bidders must register and submit a $5,000 deposit. N O T E W O R T H Y N O R T H E R N & E A S T E R N Anthem Blue Cross and Blue Shield in Maine added ConvenientMD's new Bangor primary care location to its network for members. The best choice for your business banking just got easier. Daryl Wentworth SVP, Director Middle Market Banking dwentworth@barharbor.bank 207-771-1216 Larry Wold SVP C&I Relationship Manager lwold@barharbor.bank 207-771-1222 We can make it happen. Together. Joe Delano SVP CRE/ Hospitality Team Leader jdelano@barharbor.bank 207-771-1217 Our Portland-based commercial team can help your business grow. • Loans up to $50 million with flexible terms • Competitive rates tailored to your business needs • Small business and corporate cash management • High-volume transaction tools with leading technology • Personalized service of local banking experts Christopher Rugullies SVP Commercial Relationship Manager crugullies@barharbor.bank 207-601-5718 Suzanne Moffatt, AFIM, CRSP SVP Senior Wealth Manager smoffatt@barharbor.bank 207-947-4880 Alicia Napolitano, AAP, NCP, CTP VP Senior Treasury Sales Officer anapolitano@barharbor.bank 207-756-2352 All loans subject to credit approval. Additional terms, fees, and conditions may apply for some products. Bar Harbor Wealth Management is a subsidiary of Bar Harbor Bank & Trust. Investment products are not deposits or obligations of the Bank, are not FDIC insured, are not guaranteed by the Bank and are subject to investment risk, including possible loss of value or principal amount invested. Member FDIC www.barharbor.bank • 888-853-7100 Over 50 locations across northern New England Proud to be named one of Forbes' World's Best Banks again A S K AC E A n s w e r e d b y A l e x A d l e r The Association for Consulting Expertise (ACE) is a nonprofit association of independent consultants who value "success through collaboration." The public is welcome to attend its regular meetings to share best practices and engage with industry experts. For more information go to www.consultexpertise.com. Q: How do I balance numbers and emotions in my family business? ACE advises: Family businesses often grow and succeed across generations, but the journey isn't always easy. Profits can dip when leadership shifts. Older family members may struggle to let go, while younger ones may feel unsure about stepping up. Rivalries and jealousy can spark tension and worries about loyalty sometimes hold people back from trying new ideas. In these businesses, work and family life often blend together. Decisions aren't based only on numbers — they're shaped by relationships and emotions too. Some of those feelings are talked about openly, but many stay just below the surface, influencing choices in ways people may not even realize. That's where a psychodynamic consultant can help. Their focus is on how emotions drive behavior and how unconscious feelings can affect a business. Any challenge that involves decision making or behavior might be worth exploring through this lens. A good consultant "can talk about the elephant in the room and give perspective to both sides of a dis- cussion," says Catherine Wygant Fossett, executive director of the Institute for Family-Owned Business. "They are removed from the past relationship dynam- ics that car r y over into adulthood and they can guide several generations through the often-messy emotional feelings that can affect the success of the business because they don't have that family tie that can be unraveled." Financial reports and clear data will always matter but so does paying attention to the less visible forces at play. In family businesses, where personal history and professional responsibility overlap, emotions can have a big impact — sometimes quietly, sometimes dramatically. Making room to name and address those unspoken con- cerns can ease long-standing tensions, open up more honest conversations, and help businesses adapt and grow. Alex Adler is a member of the International Society for the Psychoanalytic Study of Organizations. He is also an advanced candidate at the Massachusetts Institute for Psychoanalysis. He works in Portland and can be reached at (617) 653-0526.

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