E-Newsletter
An Electronic Publication of the North Central Massachusetts Chamber of Commerce
Inside this edition, you’ll discover the latest Chamber initiatives and success stories from across our region. From economic development projects and upcoming networking events to policy updates and workforce training opportunities, we’re keeping you connected to what matters most for your business and North Central Massachusetts.
The North Central Massachusetts Chamber of Commerce is here to help – with trusted resources, a strong business network, and a support system to keep your business and the region moving forward
Join us live online with Congressman James McGovern and Congresswoman Lori Trahan on October 8, 2020 starting at 12:00 p.m. for our annual Congressional program. This is a great opportunity to hear from them on the progress on Capital Hill on important issues, including PPP forgiveness and the recovery bill. Members will also have an opportunity to submit questions. Matt Bruun of Fitchburg State University will serve as the emcee and moderator.
The cost is just $10 for members. Pre-registration is required. For more information or to register, please visit www.NorthCentralMass.com. Thank you to our Sponsor Fitchburg State University!
There’s a Pandemic Startup Surge
While some of us were learning to bake or binge-watching Netflix during quarantine, others, especially those who were away from their regular workplace, were doing something entirely different. The number of new businesses that opened during COVID-19 is, well, a start-up pandemic.
Here at the North Central Massachusetts Chamber of Commerce, we are taking note of how new and existing businesses are taking advantage of the changing economic landscape to serve customers in new and unique ways. The Chamber’s economic development arm, the North Central Massachusetts Development Corporation, also works in partnership with local banks, credit unions, chambers of commerce and area nonprofits to support emerging micro-enterprises, small businesses, and community projects with loans and business assistance.
Are you ready to go into business for yourself? If you are, you aren’t alone. The week of August 10th, over 111,000 applications to start a new business were filed, according to the US Census Bureau, with 113,000+ filed the week before. And while the economic climate now may not be a bad time to start your own business, there’s a big difference between vision and success.
We’ll give you some tips on how to start your new business off on the right foot – and we look forward to welcoming you into the Chamber.
Vision Plus Experience Makes the Dream Work
Many small businesses start with a dream, a vision, and an understanding that there’s a niche to fill. Having a “big picture” concept of your business is essential to your purpose and helps shape your business plan (an essential document if you plan to apply for a Small Business Loan).
However, a successful start-up needs three kinds of personalities: Visionary, Expert, and Detail-Oriented.
Your vision for your company launches the blueprint for your purpose and goals. However, to get off the ground, you need the experience of someone who has actually done what you plan to do. They can give you practical advice on how to solve common problems as they come up and reference their own background in dealing with business growth and what their customer experience has been.
Finally, you need someone to mind the details. This is the person who may help balance your finances, spot little things that you miss, and make sure that your vision, plus the expert input, forms into a workable plan.
Watch Actions, Don’t Listen to Promises
When you hire someone for your start-up, it’s important they contribute to getting your business off the ground. You, as the founder and business owner, should be the visionary – and your team is there to help support the purpose of your business. When you set goals for your team, make sure that they follow through with what they say they’ll do, offering practical solutions for problems you encounter.
The advice from your expert should be practical and insightful. The assistance from your detail person should help you put it all together. A successful start-up doesn’t just start – it keeps going, and that’s why you need the expertise of someone who has managed or owned a business in the same field as yours. Your expert creates an action plan for you, and your detailed person puts it all together into a road map that you can all easily follow together.
Starting your own business is hard work, but for many, it’s also a labor of love. We’re all in this together, and at the North Central Massachusetts Chamber of Commerce, we understand the challenges and the triumphs of small businesses. Our mission is to support local businesses, our community and local economy, whether you’re an online business, a brick-and-mortar, or a click-and-mortar hybrid.
To learn more about the North Central Massachusetts Chamber of Commerce, please visit www.NorthCentralMass.com or call (978) 353-7600.
Article Source: State House News Service
Article By: Katie Lannan
OCT. 1, 2020…..U.S. House Speaker Nancy Pelosi on Thursday said she’s optimistic that Republicans and Democrats can reach a deal on the next round of coronavirus stimulus funding and that she hopes to bring a bill to the floor for a vote later in the day.
“Right now, we are at the table discussing how we can go forward with a possible COVID bill,” Pelosi told reporters Thursday morning.
She said, “We’re hopeful we can reach agreement because the needs of the American people are so great, but there has to be a recognition that it takes money to do that, and it takes the right language to make sure it is done right.”
Pelosi and Treasurer Secretary Steven Mnuchin met for 90 minutes Tuesday in hopes of finding an accord, and a potential Wednesday evening House vote on the legislation was scrapped to allow time for more talks.
“We’ve had constructive conversations, Secretary Mnuchin and I, but they are not finished,” Pelosi said.
She said the two sides are “coming closer” on small business measures but “still way off in terms of state and local government.”
“We are coming closer on money for our health provisions in the bill,” Pelosi said. “It’s just a question of the language.”
Budget writers on Beacon Hill, who have not yet produced a full spending plan for this year while the state runs on temporary budgets, have been looking toward Washington to see if any additional federal aid emerges.
In filing a spending bill to close the books on fiscal year 2020 yesterday, Gov. Charlie Baker wrote that while “the need for public services continues unabated…the extent of federal support remains uncertain.”
Mnuchin, in a Wednesday evening Fox Business appearance, said he brought Pelosi “a very fair proposal that provides a lot of relief for hard-working Americans that have been hurt by this virus, particularly many of the small businesses, kids and jobs that are impacted by this.”
He said this is the first time the two sides have “seriously reengaged” in several weeks. He said President Trump “instructed us to come up significantly, so we have come up from the trillion dollar deal that we had been working on earlier.”
“We’re not going to do a $2.2 trillion deal,” Mnuchin said. “The good news is, the speaker has come down from her $3.4 trillion deal. If there’s a fair compromise, we’re prepared to do it.”
In coming up with lower price tags, Pelosi said the House Democrats are “not undermining our priorities but realigning some things in terms of the timetable, how long they would last.” She said a vote is important “for people to see that we completely identify with the concerns that they have and how we have allocated the resources necessary to get the job done.”
When the workday ends and the lights go down, Custom Cleaning Service of Peabody, Inc. gets to work. “We operate as our clients’ silent partner after business hours,” says Adam Paicos, of Templeton, who now serves as Director of Operations and oversees the company’s expansion into North Central MA. “We are not often seen, but we ensure facilities are clean, secure, and ready for business each day while serving as the eyes and ears for our clients when they are not on site.”
Discover local business stories through our Inside North Central Massachusetts Podcast series. Listen as Chamber members share their journeys, insights, and contributions to our thriving regional business community.
Looking for your next opportunity? Explore current job openings from employers across North Central Massachusetts on our Jobs Board. Whether you’re starting a new career or making a change, you’ll find a variety of local positions available to help you take the next step.
CapEx Facility Services & Construction · Leominster, MA
TaraVista Behavioral Health Center · Harvard, MA
DRS Power Technology, Inc. · Fitchburg, MA
AIS · Leominster, MA