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  • Opinion
    Opinion

    Urban revitalization needs community cooperation

    Julie Holstrom Special To The Worcester Business Journal

    The Worcester of 30 years ago is a far cry from the Worcester of today and it is our responsibility as good community stewards to build upon the city's successes.

  • Incorporations
    Incorporations

    Incorporations

    These businesses incorporated with the Massachusetts Secretary of State's Office from May 1-31. Listed are corporate name, address and president.Acton

  • Advice
    Advice

    Boosting worker retention

    Susan Shalhoub Special To The Worcester Business Journal

    The cost of replacing an employee can often be remedied with proactive retention efforts.

  • Editorial
    Editorial

    Keep up the small business loans

    The more Central Massachusetts firms who take the plunge and finance new investment and growth through small business loans, the stronger our economy will be.

  • Focus On Banking & Finance
    Focus On Banking & Finance

    Banks, SBA increase small biz lending

    Laura Finaldi

    Banks in Worcester County have boosted their SBA lending, following a push from the agency to increase lending to small businesses and traditionally underserved populations.

  • Editorial
    Editorial

    Happy trails, Gail Carberry

    It is difficult to overstate the impact Gail Carberry has had on both Quinsigamond Community College and the Central Massachusetts business community.

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Today's Poll

Would you want your children following in your professional footsteps?
Choices
Poll Description

Massachusetts has the second smallest percentage of family-owned businesses in the country, according to an OnDeck analysis of the U.S. Census Bureau’s 2023 Annual Business Survey. The analysis showed 21.87% of Massachusetts businesses are family-owned.

The power of family-owned operations is found in the numbers. Research performed by Family Enterprise USA reports 74% of family-owned businesses have been operating for more than 30 years.  

Even when families don’t work together running a business, many professionals hope to see their children following in their career footsteps, creating a lineage of those in the same profession and fostering the camaraderie that comes with.