Wheelwright Lumber started as a small second-hand store in Ogden, Utah back in 1890 and has grown into a 13-acre, full-service lumberyard now led by the family’s fifth generation. In this episode, fifth-generation owner Paul Wheelwright shares how each era has put its stamp on the business, from evolving with the construction industry to modernizing operations while preserving the company’s identity. He discusses how to keep values and vision aligned across 130 years, what ongoing succession looks like as the company prepares for its sixth generation and why the right financial partners are critical when a legacy business decides to expand or reinvent itself. To learn more about how Chase for Business can help you plan for your business’s long-term success, visit https://entm.ag/CfBPodWL JPMorgan Chase Bank, N.A. Member FDIC Learn more about your ad choices. Visit megaphone.fm/adchoices