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February 4, 2019Edition

Someone who owes you money files for bankruptcy. Now what?

You have just learned that your counterparty has filed for bankruptcy. Be aware that deadlines in bankruptcy move quickly, and creditors who sit on their rights may lose them.

Overwhelming development in a small town

Let's face it, a small town of 13,000 is going to be hard pressed to handle a request to build a $100-million, 1-million-square-foot marijuana cultivation facility.

Mega marijuana in Charlton persevering despite long odds

Despite facing what may be an insurmountable uphill battle, the developer behind a planned $100-million marijuana growing facility in Charlton plans to continue pushing forward with the project.

The new tax break: Public spending for stadiums

Like Worcester, many other cities have bet public spending on stadium-based development. They've had mixed results, with lots of skepticism.
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Are we all just on the Worcester hype train now?

The Telegram now joins MassLive as the two main local mass media organizations who now regularly say Worcester is in a renaissance as a statement of fact, without any real evidence supporting the claim.

101: Cut costs

Cutting back on costs can equal real money in the coffers and contribute to a more-positive bottom line.

Central Mass. communities have different philosophies for tax breaks

A Worcester Business Journal investigation shows a broad range of practices in how communities use — or don't — tax breaks for development.

WooSox stadium deal about more than numbers

Looking solely at the numbers, Worcester's deal to bring the Pawtucket Red Sox to town ain't a good deal. Depending on how we define economic benefit, it may turn out to be a bad deal.
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Why LakePharma left a Worcester project for Hopkinton, allowing a Chinese competitor to take its place

LakePharma company was going to bring 150 jobs to Worcester, but a Chinese competitor took its place after the company decided it couldn't wait any longer and moved to Hopkinton.

10 Things We Know About … Business learned from selling Girl Scout cookies

Potential customers need to see your good intentions reflected in your presentation.

Reliant Foundation had to stand on its own quickly

When international healthcare company Optum bought Reliant Medical Group for $28 million on March 31, the Worcester physician group's foundation was spun out as an independent entity.

Want vegan cupcakes or fondant wedding cake? Check out my competition

You should see the look on the faces of those who ask me who my competition is.
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GFA first in Mass. to offer marijuana banking services

GFA is the first to serve the state's recreational marijuana industry, putting the institution at the forefront of a market with tens of millions in sales.
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