News
Unfair Unemployment Insurance Burden
Peabody Area Chamber of Commerce Joins Call to Protect Small Businesses from Unfair Unemployment Insurance Burden The Peabody Area Chamber of Commerce stands with businesses in opposing efforts by the Commonwealth of Massachusetts to pass on the cost of a $2.1 billion unemployment insurance (UI) overpayment mistake to local employers. This error, which occurred during the height of the COVID-19 pandemic, is now being placed on the shoulders of the business community—many of whom are still working to
Peabody, MA Small Business Owners: How to Move Forward on the CTA, BOI and FinCEN Changes
The Corporate Transparency Act may require certain U.S. companies to disclose beneficial ownership information to FinCEN to combat financial crimes. While a Texas federal district court’s preliminary injunction puts this requirement on hold, many experts expect that to be overturned. In that event, failure to file could lead to fines of $500 per day, up to a maximum of $10,000, and possible criminal penalties. However, filing your Beneficial Ownership Information (BOI) report will help you avoid fines
How to Build and Grow a Successful Alternative Wellness Practice
In today's fast-paced world, many individuals are seeking holistic and alternative approaches to health and wellness. Building a successful alternative wellness practice requires not only a deep understanding of various healing modalities but also a strategic approach to growing your business. Whether you specialize in acupuncture, naturopathy, herbal medicine, or energy healing, creating a thriving practice involves balancing your expertise with effective business strategies. This guide will walk you
We Need Innovative Solutions to Housing Crisis
Letter to the Editor: As representatives of the Peabody AreaChamber of Commerce, we write to highlight a pressing concern that affects not just residents, but also the business: the housing crisis. While discussions often revolve around various economic factors, it's crucial to underscore that the housing crisis stands as the single biggest obstacle for businesses in Massachusetts in retaining and attracting talent, far outweighing the minimum wage debate. Statistics reveal a concerning trend: the exodus
Letter to Editor: Tax Classification
Dear Editor, We are writing to shed light on an issue that affects not only the commercial sector but also has a profound impact on the residents of our community: the City of Peabody enjoys one of the lowest residential property tax rates in the Commonwealth which is subsidized by a higher tax rate on commercial properties. As representatives of the business community, the Peabody Area Chamber of Commerce feels compelled to highlight the interconnectedness of this decision and its implications for our
Peabody Area Chamber Welcomes 60+ New Members in a Remarkable 24-Hour Surge
Peabody, Dec 14, 2023 – The Peabody Area Chamber of Commerce (PACC) proudly announces it has welcomed an astounding 60+ new members within a 24-hour period, increasing its membership count to over 340 dedicated businesses and individuals. This surge in membership is a testament to the Chamber's steadfast commitment to fostering economic development post Covid and providing invaluable resources for businesses in the Peabody area.Contrary to the traditional approach of "what's in it for me," these new members
Hasan Minhaj Teams Up with Adobe Acrobat to Empower Creativity and Collaboration
Paper’s out, people. Award-winning comedian, writer, and producer Hasan Minhaj has partnered with Adobe Acrobat to celebrate 30 years of PDFs and to promote the power of paperless creativity and collaboration in today's digital age. The partnership highlights the importance of using digital tools to streamline workflows and enhance productivity, especially in the current work-from-home era. As part of the partnership, Minhaj is featured in a series of videos showcasing how Adobe Acrobat
Peabody Entrepreneurs: These Are the Pros and Cons of Opening Up a Franchise
As an entrepreneur, you’re eager to get to work. However, before you jump into franchise ownership, it's important to understand what goes into the decision. There are upsides and downsides to owning a franchise, and it's important to weigh both before making a decision. In this article, the Peabody Area Chamber of Commerce takes a look at the pros and cons of franchise ownership so you can make an informed decision. The Pros of Franchise Ownership There are several upsides to franchise