Written by: The Oceantic Network The offshore wind industry is complex, requiring work from a huge variety of companies across its supply chain. Hundreds of companies may be involved across the life cycle of a project. In many cases, the US companies previously existed outside of offshore wind and have tailored their services to suit the industry. The offshore wind...
Written by: The Oceantic Network As states around the U.S. aim to meet their future energy needs while combatting climate change, many are turning to offshore wind. The industry is just getting started, but states have made their demand clear, and activity is set to explode in the coming years. Offshore wind projects consist of multiple massive wind turbines —...
Do you have dreams of being a successful entrepreneur? Do you believe that your business idea could be something great? If you answered yes to both of these questions, then it’s time to make your business idea a reality. Here are four ways to validate your business idea to make it a reality. Research Industry Data You might believe you...
In 2024, your business must stay ahead of all the cybersecurity trends, especially if your business is online. With small businesses already having vulnerabilities, keeping your online security safe is no easy feat. Here are five cybersecurity trends for small businesses in 2024. More Focus on Cloud Security Many businesses have decided to move their data, internet, infrastructure, software, and...
On January 1, 2024, the Corporate Transparency Act went into effect. This affects all kinds of businesses, especially smaller ones. Discover more information about the Corporate Transparency Act and how to follow compliance in Massachusetts. What is the Corporate Transparency Act? The Corporate Transparency Act, enacted in 2021, requires many businesses to report information about individuals who own or control...
Customers are truly the heart and soul of a business. They buy goods or services to make sure your business stays afloat. Whether you’re just starting your business or you want to revamp, it’s important to keep customers in the front of your mind. Here are five ways that you can attract new customers while also keeping loyal ones coming...
The global economy will remain uncertain as we continue through 2024. For instance, the International Monetary Fund predicts a slight decline in global growth from 3% to 2.9%. While inflation rates are declining, they are set to stay at the 2% target. This could cause a lot of problems for businesses, and ones that are just starting. Don’t panic! There...
Starting an online business is exciting. You’re finally ready to venture onto the internet to share all of your ideas with the world. However, there are things to watch out for to make sure you’re getting the most out of your online business while being safe. Here are five tips when starting an online business. Conduct Market Research Market research...
One of the most important parts of a successful business is staffing. It’s a detailed process that involves recruiting, training, and managing employees. For your business to get on the right foot, there are many steps. Do I Need to Staff My Business? For small business owners, staffing a business presents some challenges. The first question to ask yourself is...
Supporting and assisting businesses of the North Shore and beyond is a critical goal for the Enterprise Center. Part of our mission is to welcome entrepreneurs, business owners and professionals of all ages and experience levels to come in and learn something new. One area that we would like to highlight this month is our growing minority and diversity-owned businesses...
