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STILL GOING STRONG: From left, Colleen A. Keane, company manager at Anchor Travel Agency in Pawtucket; Nancy McAdams, owner and president; and Beverly J. Costello, travel consultant. Keane and ­McAdams have not completed a valuation and succession plan due to the emotion involved. / PBN FILE PHOTO/MICHAEL SALERNO

Curb emotions: Plan ahead on business transfers

Eighty-year-old Nancy McAdams is still involved with the day-to-day operations of Anchor Travel Agency, in Pawtucket, the business she opened 40 years ago. Her daughter,...
STILL GOING STRONG: Anchor Travel Agency in Pawtucket is celebrating its 40th year in business. From left, Colleen A. Keane, travel consultant and Nancy’s daughter; Nancy McAdams, president; and Beverly J. Costello, travel consultant and Nancy’s daughter-in-law. / PBN PHOTO/MICHAEL SALERNO

A travel dream fulfilled

A widowed mother of eight with no business experience, Providence native Nancy McAdams opened Anchor Travel Agency in June 1977. At the time, she had...
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