Keeping Up with the Joneses – Why Standards Matter when Selling a Business

Stuart A. Smith, III |
My Business
houses, selling a business

It’s an expression used throughout much of the English-speaking world to describe the tendency for people to compare themselves, their wealth, and their social statuses with their neighbors, friends, and colleagues. The roots of the saying may go back to the excesses of the Gilded Age as chronicled by the famed writer, Edith Wharton.  Wharton knew what she was talking about.

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Don’t Leave the Fate of Your Family Business to Chance

My Business
Family Business Owner standing proudly at the entrance to his store

When it comes to managing a successful family business, the head of the family is often reluctant to share control and involve other family members in the process. Perhaps it’s a matter of pride, control, or a combination of factors, but the scenario is common among modern day family business owners.

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