News
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
Tips, Tricks & Consideration For Using AI In Your Business
In the fast-paced world of business, the integration of artificial intelligence (AI) has become inevitable. For many business professionals, however, the thought of incorporating AI can be both exciting and daunting. If you are worried about using AI for your business, here are some tips, tricks, and considerations you should think about before diving in.Create, Implement, and Communicate an AI Policy: Begin your AI journey by developing a comprehensive AI policy that outlines the guidelines for its use
Gen Z: The Data
The oldest Gen Zer is 27 this year, while the youngest is just 12. Over the next decade, we’ll see this generation land squarely in the employment sector. What can we expect? According to research by Samsung, about 50% of Gen Zs polled admitted to wanting to own a business at some point. While business ownership is a big part of most people’s American dreams, what makes this generation different than previous generations is that they come out of school with the idea that “now” is better than later.
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
Everyday Ways to Build a Better Business
As a business owner, your goal is to build a better business than the competition. You can do this by starting out with a solid foundation and then paying close attention to how you handle day-to-day operations. The Peabody Area Chamber of Commerce offers the following guidance to help get you started. Lay the Foundation with a Business Plan Any successful business owner will tell you that a well-crafted business plan is essential to the success of a new venture. A business plan helps to
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SBA Announces Working Capital Loan
The U.S. Small Business Administration (SBA) announced 8/30/22 that federal Economic injury Disaster Loans (EIDL) are available in Massachusetts for small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private nonprofit organizations with economic losses due to drought that began Aug. 9.The declaration includes the counties of Barnstable, Bristol, Dukes, Essex, Middlesex, Norfolk, Plymouth, Suffolk and Worcester in Massachusetts; and the adjacent counties of