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Small Business

  • State gets $500,000 to promote global trade

    August 25, 2015

    Massachusetts will receive $500,000 from the Small Business Administration (SBA) to boost export opportunities, the federal agency announced Monday.

    August 25, 2015
  • Know risks and mitigate them: 5 failures that can impact family businesses

    Matthew Erskine Special To The Worcester Business Journal August 17, 2015

    In the classic science fiction novel "Dune," a master assassin named Thufir Hawat reminds Paul, the story's hero, “The first step in avoiding a trap is to know of its existence.” The same is true of risks to family businesses.

    Matthew Erskine Special To The Worcester Business Journal August 17, 2015
  • The 3-step guide to conducting effective market research

    Jeff Schiebe August 3, 2015

    Thorough market research is essential to the success of new products or services. In an entrepreneurial environment, it's even more crucial as resources are scarce and time to market is critical. Here's how to do it right.

    Jeff Schiebe August 3, 2015
  • Banks on interest rate rise: Bring it on!

    Sam Bonacci August 3, 2015

    By all indications, the Federal Reserve will raise interest rates by the end of this year, marking the first time in eight years rates will move north. But would that lead to a slowdown in business?

    Sam Bonacci August 3, 2015
  • Incorporations

    July 20, 2015

    These Central Massachusetts businesses filed incorporation papers with the Massachusetts Secretary of State's Office from April 1-15, 2015.

    July 20, 2015
  • Entrepreneurs find farmers markets a good early test of product demand

    Sam Bonacci July 20, 2015

    When Robert Fecteau wanted to test the market for his own bread recipes while working for Five Loaves Bakery in Spencer, he didn't turn to his own storefront or online sales. Rather, he brought his products to the Crompton Collective farmers market

    Sam Bonacci July 20, 2015
  • Will new sick-time law cause headaches?

    Livia Gershon Special To The Worcester Business Journal June 22, 2015

    Brendan O'Connor, the owner of O'Connors Restaurant in Worcester, isn't upset that the state will make his business offer paid sick days to all employees starting July 1. It will mean higher costs that he'll have to pass on to customers, he said,

    Livia Gershon Special To The Worcester Business Journal June 22, 2015
  • Worcester retailer takes over Sharks Pro Shop space in DCU Center

    Sam Bonacci June 17, 2015

    The DCU Center retail space on Commercial Street formerly used as the pro shop of the Worcester Sharks will soon house Worcester Wares, a sell of “all things Worcester,” according to the DCU Center.

    Sam Bonacci June 17, 2015
  • Mass. lags in growth of women-owned businesses

    June 11, 2015

    A recent report ranked Massachusetts 34th in the nation when it comes to growth of women-owned businesses in the last 18 years.

    June 11, 2015
  • 2015 Central Mass Family Business Awards - Fuller Automotive

    Taryn Plumb Special To The Worcester Business Journal June 8, 2015

    Image

    Taryn Plumb Special To The Worcester Business Journal June 8, 2015
  • World Energy founder acquires 4 dry cleaning stores

    June 4, 2015

    Mansfield Holdings Group LLC of Worcester, led by the founder of a city-based energy services company, has purchased Lapels Dry Cleaning stores in Boston, Cambridge, Natick and Needham.

    June 4, 2015
  • Report: Mass. business confidence slides for 2nd straight month

    June 2, 2015

    The Associated Industries of Massachusetts (AIM) Business Confidence Index fell again in May, its second consecutive monthly decline after reaching a 10-year high in March.

    June 2, 2015
  • Running Start joins coworking network

    May 27, 2015

    Worcester's Running Start has joined the Workbar Network, allowing its members to use space in six different locations in Massachusetts.

    May 27, 2015
  • Old skills in a new era: Entrepreneurs ply industrial-era crafts and trades

    Sam Bonacci May 25, 2015

    With most consumer markets populated by mass-produced items that are cookie-cutter images of each other, entrepreneurs in Worcester are capitalizing on goods that emphasize customization and craftsmanship through the use of time-honored skills in a

    Sam Bonacci May 25, 2015
  • Planting the seeds of a new business

    May 25, 2015

    <i>(Editor's Note: Inspiration and Innovation, which focuses on entrepreneurs and entrepreneurship, is a new column written by Jeff Schiebe that will run in every other edition of the Worcester Business Journal.)</i>

    May 25, 2015
  • Boots to bootstrapping: Military vets find host of resources to succeed in business

    Livia Gershon Special To The Worcester Business Journal May 25, 2015

    The transition from military to civilian life is a notoriously tough one, but many veterans have a set of skills that's well suited to running a business. And there are a number of public- and private-sector resources devoted to helping ex-military

    Livia Gershon Special To The Worcester Business Journal May 25, 2015

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Today's Poll

Will the new lottery-based admissions systems for vocational-technical high schools make the economy better?
Choices
Poll Description

Massachusetts is implementing a new lottery admissions system for vocational-technical high schools, starting with the 2026-2027 school year. Proposed by the Healey Administration, the new lottery system is an attempt to expand access to voc-tech schools, giving schools with more applicants than seats the choice of either a weighted lottery, which takes aspects like attendance and discipline records into account, or a non-weighted lottery, which does not take academic performance or discipline issues into consideration.

Education Secretary Patrick Tutwiler and supporters of the lottery have defended the change to a lottery system, saying it will make admissions more equitable while the state works to expand access to voc-tech schools. The lottery system has been criticized by business groups and educational leaders, who have said lotteries will water down admission standards and disrupt the pathway of top students into high-demand trades.