Document Your Processes to Turn Your Hustle into a Business

If you are a freelancer, you live by your wits and your talent, which can lead to an exhilarating feeling of self-satisfaction. However, being a solopreneur has its risks and if you get sick or cannot work, you have no sick days or vacation time to rely on for backup income. So, maybe it’s time to branch out and turn your hustle into a business.

By documenting your processes, you can outsource portions of your business, increase productivity and bring home more revenue for less effort. Follow these tips to document what you do, so you can hire other people to help you grow your operations.

What Is Process Documentation?

Process documentation provides a description and instructions on how to carry out business processes. Examples of process documentation include the following:

  • tutorials
  • forms
  • policies
  • checklists
  • screenshots
  • step-by-step instructions
  • process maps

Process documentation helps you onboard employees or virtual assistants to conduct your freelance activities.

Process Steps

Here are the first steps of documenting processes to help you get started:

  • Process Name: Choose a descriptive name of the process you’re documenting. You may find it helpful to start on a whiteboard or flipchart.
  • Process Scope: Choose a logical start and endpoint of the process. If you have several stages or products, for example, you can document each one separately to make it easier to complete your documentation in small sections.
  • Process Outputs: This identifies the end result of the process. For example, if you are documenting a freelance process, the end result is a product or service ready to deliver to the client. Examples include crafts sold online or social media management services you provide to clients.
  • Process Inputs: Identify all materials needed to perform the process. For example, you will need boxes, packing material, scissors and labels to prepare products for shipping. If you are updating a client’s website, for another example, you will need internet access, software, development tools and content.
  • Process Activities: Write down or video record all the activities involved in completing the process. Examples of process activities include:
    • Sign paperwork
    • Approve request
    • Ship product
    • Notify user

You can use sticky notes and a tabletop to visualize this and provide flexibility during the organization stage.

  • Process Organization: Organize all the activities that you brainstormed into logical categories. At this time, you may want to break the items up into separate processes. Within each process, put the process flow into order. Add key decision points and possible outcomes to develop a complete picture of the process.
  • Process Review: Look at the process flow to determine whether you have left any steps out.
  • Process Roles: Assign roles representing who will complete each activity step.
  • Transcribe Process: Use swim lane flowcharting to create a visual workflow diagram.
  • Final Review: Determine which activities and roles you can outsource for each activity.

If you conduct your freelance work online, documenting each process helps you prepare job descriptions and outsource different activities that involve digital delivery. One of the most efficient ways to begin is by recording yourself on video performing the work you want to outsource. Consider downloading a screen-recording software like TechSmith Capture (Mac or Windows).

When you document your business processes, you make it possible to grow your freelance hustle into a business that can grow beyond just your own capacity.

Member Spotlight: Heywood Hospital’s Extraordinary Commitment to Their Patients

In some ways, Heywood Hospital is a traditional hospital providing emergency care, surgeries and inpatient care.

Heywood is a non-profit community-owned hospital licensed for 134 bed hospital, located in Gardner. The medical staff includes 200 active, courtesy, and consulting physicians in primary care and a multitude of specialties.

But what makes the hospital unique is its commitment to ensuring the health of the community in and outside its walls, said Winfield Brown, president and chief executive officer of Heywood Healthcare. 

“It goes beyond doctor’s appointments, tests and procedures,’’ Brown said. “We focus on the social determinants of health and how do we set up our communities to be more healthy. What are we doing for kids, what are the things getting in the way of health care access and looking at the most vulnerable.’’

Dawn Casavant, vice president of external affairs and philanthropy, said Heywood has programs that meet people where they are – at school or a community setting, for example.

“What makes us unique is the level of community partnerships and collaborations we have to address the needs that are often unmet and prevalent in our community,’’ Casavant said. 

Some of those needs address childhood trauma, food insecurity or behavioral health, she said. 

The hospital itself also has a special program to address needs specific to North Central Massachusetts such as an inpatient psychiatric unit and a geriatric psychiatric unit. 

And of course the hospital is dealing with the ongoing COVID-19 pandemic, treating patients and providing free testing. In November 2020, the hospital tested 6,600 individuals. On average the hospital has been testing 200 people a day seven days a week by appointment only. 

The pandemic has also led to an increase in the need for behavioral health and addiction services, they said. And it’s also created a need to remind the community to maintain regular preventative care such as mammograms, colonoscopies, immunizations and well-child visits. 

Looking toward the future, the hospital will continue to expand its primary and specialty care into the community but will also be making improvements on campus. 

The hospital is in the midst of two major projects – one that will make the hospital more energy efficient and another that will improve its surgical space. The project calls for six new operating rooms, which will provide state-of-the-art equipment and the space to accommodate growth in areas such as orthopedics, general surgery, gastroenterology, plastics, geriatrics and weight loss surgery.

Brown said the hospital takes great prides in its focus on quality and safety. 

Heywood Hospital was named to Newsweek’s 2020 list of Best Maternity Care Hospitals. 

Heywood also recently received ‘A’ in the fall 2020 Leapfrog Hospital Safety Grade, a distinction recognizing its achievements protecting patients from harm and providing safer health care.

“This should reassure the community that we provide exceptional care close to home,’’ Brown said. 

Heywood Hospital is part of Heywood Healthcare, an independent community-owned healthcare system dedicated to providing quality healthcare services to the residents of North Central Massachusetts. It also includes Athol Hospital, Heywood Medical Group, Heywood Rehabilitation Center, Murdock School-based Health Center, The Quabbin Retreat, and the Winchendon Health Center. 

Heywood Hospital is located at 242 Green St. in Gardner. It can be reached at 978.632.3420 and www.Heywood.org. 

State House News Service Weekly Roundup

Article Source: State House News Service
Article By: Matt Murphy

Out with the Old, In with the Older

JAN. 8, 2021…..All-nighters aren’t just for college kids anymore.

Despite everyone’s most fervent wishes, simply watching the ball drop on New Year’s Eve Thursday didn’t end the madness of 2020. And midnight wound up looking like an early bedtime for the week that was about to unfold.

The first full week of 2021 started innocently enough.

On Sunday night, MassGOP Chairman Jim Lyons eked out a victory by three votes over Rep. Shawn Dooley to maintain control of the state party, and legislative negotiators announced they had struck a deal on a climate change bill to set a statewide target of net-zero emissions by 2050 and to authorize even more offshore wind.

But by the end of the week, democracy was under attack, 12 more days of the Trump administration was being talked about like too great a risk to take, Boston Mayor Marty Walsh was checking Amtrak schedules to D.C., and the promise of the COVID-19 vaccine was getting showered by the cold reality of continued viral spread.

Welcome to 2021.

In another sign of the way COVID-19 has impacted major events over the past year, the Senate swore in a group of senators Wednesday in Ashburton Park outside the State House. [Sam Doran/SHNS]

The Legislature came to work Monday and passed the climate bill, set a special election date to replace former Speaker Robert DeLeo on March 30 and went home around dinner time to prepare for the last day of session.

It was always going to be a long night on Tuesday, with major economic development and transportation financing legislation still up in the air. But it’s unlikely anyone had 4:34 a.m. in their virtual office pool as the time the final gavel would fall.

Not even five extra months to finish their work could help lawmakers save themselves from the last-minute rush, and though they went home tired, they also went home having accomplished most of the big ticket items on their to-do list.

The House and Senate managed to send to Gov. Charlie Baker a $16.5 billion transportation bond bill that the governor said was needed to access federal funding and get ready for the spring construction season. They also agreed to a $626 million jobs bill full of grant and loan programs to help small businesses, restaurants, artists and other industries crushed by the pandemic.

The notable piece missing from the economic development bill was a House-backed plan to legalize sports betting in Massachusetts.

Gov. Baker supports the idea. He even filed his own bill this session. But Speaker Ron Mariano said he didn’t have a dance partner in the Senate, where leaders would not entertain the idea of tacking the gambling expansion onto the jobs bill, or debate it separately.

“If we could, we’d have a deal,” Mariano told Bloomberg radio Tuesday evening. Mariano said he wants to come back to the issue early this year.

By the time everyone’s head hit the pillow, the Legislature had also passed campus sexual assault prevention and craft beer distribution bills, approved of a commission to examine changing the state seal and sent Baker a bill intended to reduce racial inequities in maternal health.

The one piece that pulled up lame before it got to the finish line was a cap on unemployment insurance rate increases in 2021, but there’s still time for the Legislature to do that before first quarter bills come due. In fact, it might just give the new Legislature something to vote on to start the new session.

The hardest thing to do Wednesday should have been getting out of bed. But on a day when new and returning lawmakers took their oaths to start a new session on Beacon Hill and Senate President Karen Spilka and Mariano were reelected to their leadership posts, riots stoked by the president of the United States on Twitter erupted on Capitol Hill.

A mob, fueled by unproven claims of election fraud repeated by the president and his allies, broke into the Capitol. They were intent on disrupting the certification by Congress of the Electoral College vote that would give President-elect Joe Biden the victory.

But Congress returned to work that night and certified the Electoral College vote at around 3:45 a.m.

The fact that Congress fulfilled its Constitutional obligation despite the chaos of the day was the one bright spot, according to Gov. Baker, who the next day said he was sickened by what he watched on TV.

Baker, a Republican, joined the chorus of Democrats, including every member of Congress from Massachusetts, in calling for Trump to be removed from office. No more waiting until Jan. 20 for President-elect Joe Biden to be inaugurated. Let Vice President Mike Pence oversee the transition, the governor said.

Trump’s future hangs in the balance, but as he prepares to leave Washington, Mayor Walsh is ready to move in.

People around City Hall and the mayor have been downplaying the Walsh-to-Washington speculation for weeks, insisting that the mayor was gearing up for reelection and maybe not even interested in a Biden administration post.

Maybe that’s exactly what people tell reporters to throw them off the scent. Or maybe they didn’t think it would happen, at the end of the day. But it did.

Biden officially introduced Walsh as his nominee for labor secretary on Friday, after joking a day earlier amid reports that Walsh had been chosen that he was still looking for an Irishman to round out his Cabinet.

Needless to say, Walsh’s decision to trade the Charles for the Potomac has completely upended the race for mayor. City Council President Kim Janey is now preparing to become the first Black woman mayor in the city’s history, and Councilors Michelle Wu and Andrea Campbell – who were already running for mayor – are preparing for company on the trail.

Janey will be watched closely for signals that she might get in the race, while Councilor Annissa Essaibi George is now taking a look. The off-cycle municipal election also means that State House denizens could have a free run at the seat if they want it, and the North End’s Aaron Michlewitz, who chaired the House Ways and Means Committee last session, is kicking the tires, according to sources.

Reports also suggest that the South End’s Rep. Jon Santiago and others are also thinking about it.

While it will take some time for the mayoral chess game to play out, COVID-19 is still here. Right now.

Gov. Baker this week announced that business restrictions put in place on Dec. 26, including 25 percent capacity limits in many businesses, would be extended at least two weeks until Jan. 24, and new pool testing would be made available to K-12 school students and personnel.

The administration is also ready to give hospitals facing capacity constraints leeway from nurse staffing-level mandates in ICUs to free up more beds. Hospitalizations are up 145 percent since Thanksgiving.

Vaccines already deployed in hospitals and nursing homes will become available to first responders beginning Monday, when another week begins.

But until then, in the words of Speaker Mariano, who was caught on a hot mic as he gaveled the first session of the 192nd General Court to a close, let’s “get the hell outta here.”

Upgrade Your Business Website for More Virtual Revenue

Managing a business website can feel like a second job. However, it’s more important than ever that your business has a digital presence that speaks directly to the problems your customers want to solve through your products and services. With the pandemic still slowing the pace of business for most of the country, now is the time to update your online presence.

Optimize Your Website for Mobile

Studies show that mobile is making up more and more of the online landscape, both in terms of web content and user searches. The most important statistic to know here is that 53% of mobile users will leave a website that doesn’t load within three seconds. When you are optimizing your website for mobile users, speed and usability are the most important. Content needs to adjust smoothly to smaller screens, and it needs to load quickly. You can increase loading speed through a number of steps, such as:

  • Changing the presentation of high-bandwidth content such as images and videos
  • Using a reliable web host
  • Choosing a suitable WordPress theme

Create a Google My Business Listing

If you’ve ever searched for a business and seen the helpful listing on the right side of the screen, that’s a Google My Business listing. By creating your own, you will make your website much more visible and easier to find for online shoppers. What’s more, they’ll also be able to find the most important information about your business in one place.

A Google My Business listing contains delivery/pickup options, hours, contact information, and all-important trust-building testimonials. It also gives you a set of tools to manage and monitor your online presence. It shouldn’t surprise you that most members of the Chamber have a Google My Business listing, and you should too.

Invest in Local Digital Advertising

Digital advertising can take various forms. Targeting social and search engines with pay-per-click (PPC) and search engine optimization (SEO) are increasingly important. These techniques are quite different from each other, but they each operate by targeting certain strings of keywords. By tailoring the keywords to local communities, your business will have an easier time reaching potential customers.

A PPC ad campaign works similarly to other types of advertising in that you pay a small fee for each click the ad delivers to your website. On the other hand, SEO might seem a bit more novel. By writing keyword-rich content that conforms to SEO guidelines, you’ll rank closer to the top spot in relevant Google searches. Web users rarely look beyond the first page, so a high search engine ranking is a powerful competitive advantage. You can learn and write SEO on your own but hiring a professional copywriter will be more convenient and effective.

Run a Business Social Media Account

Setting up an Instagram and Facebook account for your business can go a long way in building your brand. While Facebook has the greatest outreach, Instagram emphasizes visually engaging content and has far greater rates of response. While you should use both, one is likely to be a better fit for your business overall.

By boosting your visibility in search engines and maintaining a mobile-friendly web presence, your business will cope much better with the rigors of the COVID-era economy.

Chamber Launching New Podcast Series

Stay tuned! The North Central Massachusetts Chamber of Commerce is launching a new podcast series this winter season.  The podcast series will feature conversations from the Chamber’s ongoing live web chat series with community and business leaders, plus additional content that is relevant to our members and communities.

“We want to be seen as a resource for crucial information pertaining to our members and the communities of North Central Massachusetts,” said Roy Nascimento, President & CEO of the Chamber. “The way the public consumes information is constantly changing, and we are excited to utilize the skills of our team members to break into this medium.”

“We recognize that our members are often very busy, and while we wish they could attend every event we host, we know that isn’t always feasible,” said Kathleen Deal, Events & Programs Manager at the Chamber, “This will give members the flexibility to keep up to date with issues that impact them while juggling their day to day responsibilities.”

Kat Deal and Travis Condon, Public Affairs Manager at the Chamber and a former radio host, will produce the podcasts. For more information on the podcast and to listen to episodes, head to: Inside North Central Massachusetts Podcast

Scholarships Available through the Chamber Foundation

Applications for the 2021 scholarship program through the North Central Massachusetts Chamber Foundation will be accepted starting February 1, 2021. Students interested in applying for a scholarship through the Chamber’s Foundation should contact their high school guidance department to submit an application.  Each year, the Chamber Foundation distributes approximately 25 scholarships to local high-achieving high school students in North Central Massachusetts.  A limited number of applicants are submitted by each school in the Chamber’s service area each year and for consideration by a committee of Chamber members. Deadline for applications is Monday, March 1, 2021.

Since the establishment of its scholarship program, the North Central Massachusetts Chamber Foundation has awarded over a million dollars in scholarships.  Many of these awards are made possible through contributions from members of the Chamber and proceeds from the Chamber’s Scholarship fundraiser.  Scholarships endowed through the Chamber Foundation are often named in honor of prominent members of the North Central Massachusetts business community whose philanthropy and commitment to the community have helped shape North Central Massachusetts.

The Chamber’s Foundation is a 501 (c) 3 non-profit organization focused on assisting in the betterment of the region through charitable activities.  Funds raised by the Foundation are utilized primarily for education/workforce development initiatives and charitable activities in North Central Massachusetts, including scholarships to eligible applicants pursuing education and grants to support economic and community development projects.

For more information on the North Central Massachusetts Chamber Foundation’s scholarship program or a list of the named scholarships, please visit northcentralmass.com or call 978.353.7600 ext. 225.

 

Chamber Member Spotlight: Wa, Wa, Wachusett

Wa, Wa, Wachusett

Who doesn’t know the catchy jingle by now? 

It’s that time of year when the Wachusett Mountain Ski Area in Princeton opens for the season. In fact, this year, Wachusett was the first mountain to open for skiing in the Northeast, a milestone Wachusett President Jeff Crowley attributes to his all-star snowmaking team.  

Crowley, whose family operates the ski area, said he knows customers are extra excited to hit the slopes this year as recreational activities are limited due to the COVID-19 pandemic.  

“It’s so rewarding to hear people thank you,’’ Crowley said. “They are so appreciative of the fact that we’re open. We went the extra mile to open early.’’ 

In a typical year, the property is more than a ski area hosting festivals, weddings, corporate events and more. And while the ski area may be going back to the basics this year by focusing on what it does best, the experience will undoubtedly be different.  

The ski business is not for the faint of heart — insurance, power, weather — and now you put the pandemic on top of that it’s that much more complicated,’’ Crowley said. 

As an outdoor sport, Crowley knows there will be high demand for skiing and boarding this year. But they have to balance that demand with safety protocols to keep staff and customers safe. 

Among the changes: new signage, capacity limits, booting up at vehicles, outside food service, base lodge use limits, and the addition of outdoor heaters and seating. 

“It’s incumbent on all of us here, rangers, lift employees, ski patrol, to keep a watchful eye so everyone stays at a safe distance,’’ Crowley said. “People are just looking for recreation. The good thing is with our year of experience and our ability to deal with crowds, we feel confident.’’ 

Crowley said he and his brother, David, and sister, Carolyn, are carrying out the vision their father, Ralph Sr. had for the ski area. As kids, Crowley said his dad would take them skiing in northern New England, but it was a hike and not practical on a regular basis. 

“He realized this is a jewel of Massachusetts,’’ he said. “His goal was to create high-quality recreation close to the metropolitan area.’’ 

Thanks to the advancement in grooming and snowmaking and investment in high-speed lifts, Wachusett now provides top-notch snow surface close to home. In fact, Wachusett ranked 9th in Ski magazine’s reader survey for Best Resorts in the East 2021. 

In addition to providing a unique local ski and boarding experience, Crowley said his family’s passion and commitment to providing quality customer service, resonates with the public. 

“The neat thing is that little Wachusett just cracked the top 10 ski areas in the East,’’ he said. “We were able to beat a lot of the big boys up north.’’ 

Wachusett Mountain Ski Area is located at 499 Mountain Road in Princeton. The ski area can be reached at 978.464.2300 and www.wachusett.com. 

Lawmakers Send Baker $16.5 Billion Transportation Bond

Article Source: State House News Service

Author: Chris Lisinski

TNC Fees Added, Regional Ballot Questions Dropped

 

JAN. 6, 2021…..House and Senate Democrats forged a late-night compromise on a $16.5 billion transportation bond bill, salvaging consensus in the dying moments of the lawmaking session on a multi-year plan to pay for infrastructure improvements while also raising fees on ride-hailing services.

A final compromise between House and Senate leaders emerged shortly after midnight Wednesday after months of private negotiations, leaving members only a few hours to read the updated version of the 63-page bill (H 5248) before approving it 146-0 in the House and 39-1 in the Senate. Sen. Ryan Fattman, a Sutton Republican, cast the lone dissenting vote around 3:20 a.m.

The bill now on Gov. Charlie Baker’s desk authorizes billions of dollars in bonds for highway and bridge maintenance, train modernization, and major capital projects such as a Red Line-Blue Line Connector, the extension of commuter rail service to the South Coast, and the approaches to the two Cape Cod bridges.

In a surprise move, the bill calls for increases to the flat per-ride fees charged on app-based services such as Uber and Lyft, a measure the branches addressed in separate legislation but not in either versions of their bond bills.

Another measure requires the MBTA to implement a low-income fare program, which has long been a priority of transit advocates, and those who fail to pay T fares would no longer be subject to arrest.

“The COVID-19 pandemic has created really unprecedented changes to the ways we commute, but this does not mean the ills of our transportation system do not persist,” said Sen. Joseph Boncore, who co-chairs the Transportation Committee and led the Senate’s negotiations. “Massachusetts needs a new deal on transportation, but included in this bill is a strong foundation to continue that conversation.”

With their late-night vote, legislators punctuated the end of the 2020-2021 session by returning to a topic that had dominated debate on Beacon Hill early last year. Still virtually untouched, though, is a related package of tax and fee increases that cleared the House in the spring but died in the Senate without a vote.

Baker filed his original $18 billion transportation bond proposal in July 2019. Governors tend to seek the borrowing authorizations in multi-year increments, and Baker cautioned Monday that the long delay from lawmakers imperiled the upcoming construction season.

“We literally are almost out of transportation bond authority, and we need that bill for the spring construction and summer construction season, and we also need it to sign multi-year agreements that involve federal reimbursement,” Baker said. “You have to actually demonstrate to the feds that you have the authorization to pay for a federally supported project, which in many cases take a couple of years to actually have the feds sign off and say, ‘yes, you can spend the money.'”

Several provisions Baker sought in his first draft of the bill did not make it into the version on his desk, such as a tax credit for employers who encourage working from home.

The bill lands in a vastly different climate than when Baker first proposed it. Commuting patterns evolved significantly during the pandemic, with ridership on public transit cratering — and a massive budget headache erupting at the T as a result — and some employers indicating they may keep remote work options in place for the foreseeable future.

The House approved its $18 billion bond bill in March, one day after it authorized a package of tax and fee increases — including the first state gas tax increase in seven years — that Democratic leaders said could raise as much as $600 million annually to invest in crumbling infrastructure and aging public transit.

In the Senate, however, the revenue bill faltered without a vote as lawmakers bristled at the idea of hiking taxes during a pandemic-fueled recession, frustrating House leaders who felt they had taken a tough vote.

One major element from the House’s tax package, ride-hailing fee increases, made it into the borrowing bill.

Under the compromise bond bill, the assessments charged for trips on platforms such as Uber and Lyft would increase from $0.20 per ride of any type to $0.40 per shared ride, $1.20 per non-shared ride, and $2.20 per non-shared ride in a luxury vehicle.

Boncore said on the Senate floor that the increases are intended to “change commuter behavior by incentivizing commuters to request a shared ride for a lower fee or use public transit.”

Negotiators spliced that language into the compromise even though neither underlying bond bill tackled transportation network company, or TNC, fees. The House included similar increases in its tax bill, while the Senate adopted an amendment containing a new fee structure to its version of the fiscal year 2021 budget.

Baker previously suggested raising the fees on the companies to $1 per ride, warning that their growing presence on Massachusetts roadways contributed to worsening traffic. It is not clear if he will view the Legislature’s proposed hikes, which are likely to generate pushback from the companies, as excessive.

The bill would create a commission to study congestion pricing, a strategy that would alter tolls at different times to incentivize off-peak travel, and it would create violations for drivers who park their vehicles in designated bus lanes.

Several other notable provisions approved in either the House or Senate bills did not make it into the final compromise, including authorization for cities and towns to pursue their own revenue-raising regional ballot initiatives and “value capture” models to collect funds from real estate development near highways or transit.

Unlike the original House bill, which called for adding two members to the MBTA Fiscal and Management Control Board, the conference committee’s proposal does not expand the T’s oversight panel.

Baker now has 10 days to decide the bill’s fate, which, in a reflection of the pandemic’s unprecedented upheaval, will play out entirely during the brand-new lawmaking session that begins Wednesday.

John Pourbaix, executive director of the Construction Industries of Massachusetts group, said the bill’s success will help keep workers who might have faced steep cuts afloat.

“Passage of this bill allows MassDOT and the MBTA to continue procuring the vast list of capital projects which will preserve thousands of jobs for the hard working men and women in the transportation construction industry and, in turn, will help the state’s economic recovery and improve public safety,” Pourbaix said.

Legislature Agrees to $626 Mil Economic Development Bill

Article Source: State House News Service
Article By: Matt Murphy

Housing Production Measure Included in Bill

 

JAN. 6, 2021…..With many businesses on the brink after months of scraping by through the pandemic, the Legislature struck a late-night deal Wednesday to inject hundreds of millions of dollars into the economy in an effort to spur job growth and keep businesses afloat.

The $626.5 million economic development bill (H 5250) came together in the closing hours of the two-year legislative session after more than five months of private negotiations between House and Senate leaders.

While the compromise bill scrapped a House-backed plan to have Massachusetts join other New England states in legalizing sports betting, it did include a version of Gov. Charlie Baker’s long-stalled housing production proposal to lower the threshold for local boards to approve zoning bylaw changes to a simple majority.

Baker has pushed for years for the change as one that is essential to meet his goal of creating 135,000 new units of housing by 2025 to ease the housing crunch, especially around Greater Boston.

The bill also included $50 million in funding for transit-oriented housing, $30 million for a loan program similar to the federal Paycheck Protection Program for businesses hurt by COVID-19, and funding for job training, tourism, technology and advance manufacturing.

“I think it’s a great bill. It covers a lot of ground, will help the commonwealth with job creation over the next few months and years,” Senate President Karen Spilka said, adding that it also prioritizes racial, geographic and economic equity where possible.

The bill passed the House 143-4 at 4 a.m and cleared the Senate 40-0 at 4:15 a.m.

The bottom-line on the bill grew from the roughly $450 million legislators were eyeing back in July.

Sen. Eric Lesser, a Longmeadow Democrat, said the bill would help Massachusetts “chart a path out of the recession were are in” and address the “explosion” of social and economic injustice that has been exposed in some communities by the pandemic by prioritizing funds for those communities business owners.

The bill includes $35 million in loan funding for community development lending institutions to extend capital to small businesses, with a focus on minority- and women-owned businesses that have historically had trouble accessing financing and have been disproportionately impacted by the pandemic.

It would also seal no-fault eviction records, Lesser said.

There is $52 million set aside for science and technology research, $20 million for economic development in small, rural communities, $14 million for tourism, and $6 million to support artists and local museums.

And if signed by Baker, the low-income housing tax credit program would double to $40 million.

The talks were led by House Ways and Means Chairman Aaron Michlewitz and Lesser, the Senate chair of the Committee on Economic Development and Emerging Technologies. They were joined on the conference committee by Reps. Ann-Margaret Ferrante and Donald Wong and Sens. Michael Rodrigues and Patrick O’Connor.

Massachusetts had the highest unemployment rate in the country at 16.1 percent in July when the House and Senate debated and passed competing versions of the bill that was finalized Tuesday night.

But while the job market has rebounded and the state’s 6.7 percent unemployment rate now matches the national average, economists remain uncertain about the strength of that recovery and whether the ongoing surge in COVID-19 infections could spark public officials to revert to tight restrictions on businesses.

To prepare for what’s to come after the pandemic, the bill would create a “Future of Work” commission to study how to promote sustainable jobs with fair benefits and workplace safety standards across industries.

There are also commissions that would be created to study the negative impact of changes in media on local journalism and how to help the arts community recover from the pandemic.

And lawmakers also agreed on a “student loan bill of rights,” which is an issue Lesser has been pushing for multiple sessions. The bill would make sure borrowers are educated about their responsibilities and borrowing rights and student loan servicers that take advantage of students could be fined and forced to repay student borrowers.

The infusion of money for economic development and job creation comes on top of a new round of federal stimulus and a $668 million small business recovery fund Gov. Baker launched last month to help small employers hurt by COVID-19 restrictions cover rent, payroll, debt and other expenses.

Late Tuesday afternoon, new Speaker Ron Mariano called it “a shame” the two branches couldn’t reach a deal to legalize betting on sports.

Baker filed a proposal to legalize betting on professional sports back in January 2019, and had hoped to sign a law before the start of the NFL season late that summer. The House included college sports in its bill that would have allowed for betting through mobile apps.

Mariano pointed the finger at the Senate for not wanting to negotiate the issue, but said he hopes to return to the topic early in the new session to make sure a home-grown company like DraftKings doesn’t uproot and take jobs somewhere else, like New Hampshire, where sports betting is legal.

“If I could, we’d have a deal,” Mariano told Bloomberg radio.

The House had proposed to use nearly a third of the $50 million in revenue it projected from legalized sport betting to create a new fund for distressed restaurants, with qualifying restaurants eligible to receive up to $15,000 in relief.

Restaurants have been some of the hardest hit small employers in the state by the pandemic, and have been lobbying to limit the delivery charges as more customers are choosing to stay home.

The final compromise bill capped the fees third-party delivery services can charge restaurants for their services at 15 percent of the price of the online order for the duration of the COVID-19 emergency. The cap also only applies to restaurants with fewer than 25 locations.

Solar Power Prices Plummeting

Solar power has surged in popularity over the past few years, thanks in part to the rise in energy prices combined with increased public awareness around climate change and environmental issues. Not only is solar power good for the environment but switching to solar power offers some very attractive financial benefits.

Solar Power Costs Prohibitively High a Decade Ago

When photovoltaic systems were first introduced, the high cost made it virtually impossible to justify an investment in solar power, especially for homeowners and small-to-medium business owners. Back in 2010, the average cost of a kilowatt-hour of solar energy was 38 cents. By comparison, the average retail electricity price nationwide was 9.82 cents per kilowatt-hour, or about one-quarter the cost of solar energy.

Given the cost difference between conventional, grid-based power and solar power, it’s easy to see why transitioning to solar power simply didn’t make sense for most homes and businesses.

Solar More Affordable Than Ever

Thankfully, the gap between the cost of a solar photovoltaic system and the cost of grid-based electricity has shrunk over the past few years, thanks in part to the numerous government incentives for those who opt to ‘go green’.

There are now a number of property tax credits available to home and business owners who opt to use alternative energy sources, including solar. These credits often cover a wide range of energy-efficient systems and devices including geothermal, or ground source, heat pumps that provide both heating and cooling. Small wind turbines, solar water heaters, solar air heaters and fuel cells can also qualify for tax savings, making the overall cost of using solar power and other alternative energy sources much more affordable than they had been.

Global Solar PV Prices Plummet

According to Our World in Data, a global research organization affiliated with the University of Oxford, the average global price per watt of power generated by a solar PV panel in 1976 was a staggering $106.09 USD. By 1990, that price dropped to $8.81, and as of 2019, the cost of one watt of solar-generated power was just $0.38.

Solar Installations Add Value to Properties

Not only has the overall cost per kilowatt-hour for solar power fallen, but demand for properties with solar photovoltaic systems has steadily risen. In many major real estate markets, buyers are willing to pay a sizable premium for homes that already have a solar system installed, and that’s a trend that’s predicted to continue well into the next decade.