In partnership with Massachusetts Taxpayers Foundation, a panel of experts will discuss strategies to bolster the competitiveness of Boston.
10/09/2024
10:00am - 11:00am
Greater Boston Chamber of Commerce or Virtual
Join us for our final Words of Wisdom dinner of the year featuring Councilor Brian Worrell and Representative Chris Worrell.
10/10/2024
5:00pm - 7:00pm
Greater Boston Chamber of Commerce
Don’t miss our upcoming Government Affairs Forum with Massachusetts State Treasurer Deborah B. Goldberg. Register now!
10/15/2024
9:45am - 11:00am
Bank of America
Go deeper than basic DEI training to achieve higher productivity, satisfaction, and revenue growth with our new corporate workshop.
Join our Transformational DEI Certificate! Our comprehensive learning & development offerings are designed to connect and grow strong leaders who lead both inside and out of the office.
Our Women’s Leadership Program enables you to take your leadership to the next level by arming you with the most in-demand leadership toolkit.
Our Boston’s Future Leaders (BFL) program provides emerging leaders with a socially conscious and civically engaged leadership toolkit, as well as the opportunity to apply their knowledge through experiential assignments.
City Awake empowers young professionals in a variety of ways that encourages these rising leaders to stay invested in the region’s future success.
We are developing an ecosystem of corporations and partners with the influence and buying power to transform economic inclusion for minority business enterprises (MBEs).
The Fierce Urgency of Now Festival brings Boston’s diverse young professionals together with business leaders, organizations, and their peers to build connection, advance careers and ignite positive change.
09/14/2024 -
09/17/2024
Suffolk University - Sargent Hall
BIMA (the Boston Interactive Media Association) serves a vibrant community of like-minded professionals from agencies, brands, publishers, and ad-tech companies with business interests in the New England market.
For 30 years, the Chamber’s Women’s Network has connected female professionals of all background and career levels. Today, our Women’s Network is the largest in New England, strengthening the professional networks of women each year.
The Massachusetts Apprentice Network convenes employers, training providers, and talent sources interested in developing and implementing apprenticeship programs in occupations across industries and statewide in fields such as tech, advanced manufacturing, healthcare, financial services, and more.
We support small business through public policy initiatives, events designed to connect small businesses in Greater Boston to their peers and established business leaders, professional development offerings, and free small business advising.
Explore our mission and values to better understand how we are leading the business community forward.
Our member directory is your resource to discover, connect, and engage with Boston’s businesses from every industry and sector.
The sooner you know something needs fixing in your business the earlier you can remedy the issue and the stronger your business will be.
The absolute worst-case scenario in a business is when sales slowly erode over time (death from a thousand cuts) and it becomes too late to fix the problem, or you don’t know what the issue is. It’s possibly better to have a sharp revenue shock from a crisis (loss of a major customer, rapid falling demand) as it can be easier to decide what to do. There are also other events you can predict by keeping an eye and ear out for changing business conditions, such as rising interest rates, future delays in the supply chain or impacts on your industry, or needing to comply with environmental legislation.
The first step towards business resilience is identifying your business drivers and setting a series of red flag thresholds to trigger action before it’s too late.
Sales revenue tends to be the main indicator of how well a business is doing, and an early warning system helps avoid a precipitous drop.
Sales drivers and their issues can be:
Every industry will have its own specific characteristics and may not be linked to immediate sales. Builders could monitor new building consents, retailers review inventory turnover, manufacturers check waste or returns, professionals keep up-to-date with new regulations, farmers keep an eye on market prices, etc.
Automate data you want to measure and set thresholds (such as new customers drop 10% or more in a month). If an indicator drops below a certain level, this triggers to investigate why.
Accounting software will make it easier to monitor buying trends, cost of goods sold, gross profit, lifetime value and product or service costs. Marketing CRM software, search engine and social media platforms will help detect a slowing of demand.
“To Learn more by visit https://www.harborone.com/small-business
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HarborOne Bank Introduces BusinessONE o Description: Whether you need financing for inventory, new equipment, or something else, BusinessOne delivers loan decisions for active HarborOne Business customers within 48 hours*. Check out our quick and efficient application process and get your business moving. At HarborOne, our team is your team!
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