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Survey: Economy a big worry for small businesses

A recent survey has found that while the majority of small business owners in the country are bullish on their own prospects for the remainder of the year, they have major concerns about the overall economy.

Leominster limousine firm picks up Boxborough firm

All Points Limousine of Leominster has acquired All Seasons Limousine of Boxborough. The deal nearly doubles the size of All Points, and the company said it expects to add a half-dozen or so new employees to its 25-member workforce over the next year.

Worcester improves in small business survey

Worcester has improved in a ranking for small business friendliness that placed the city second in New England, falling behind Manchester, N.H. but beating Boston and Providence.

Survey: Most business owners lack succession plans

A new survey commissioned by the Massachusetts Mutual Life Insurance Company found a lack of succession planning among businesses with less than half of those surveyed having a buy-sell agreement in place.
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Local farmers take over 350-acre site

Two young farmers in Berlin have purchased a farm in Holden where they plan to raise a variety of livestock.

State gets $500,000 to promote global trade

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

Know risks and mitigate them: 5 failures that can impact family businesses

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.

Banks on interest rate rise: Bring it on!

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?
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The 3-step guide to conducting effective market research

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.

Entrepreneurs find farmers markets a good early test of product demand

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 in Worcester's Canal District.
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