Secrets to Succession: Keeping the Family Business in the Family



Is the family jeweler going out of business?To many in the fine jewelry business, the hard-sell marketing language that appeared on the website of Oklahoma City’s Samuel Gordon Jewelers would have been unthinkable prior to the company’s January announcement that it had decided to shut its doors.“Deepest Discounts of the Sale! Up to 70% Off Storewide! Brand Name Liquidation! Going Out of Business.”“My stamina has been deteriorating,” says owner Gary Gordon, the third generation of his family to run the business. “I can’t work six days a week, and I come home exhausted. I made th
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