Worcester Business Journal

November, 28, 2022

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wbjournal.com | November 28, 2022 | Worcester Business Journal 3 N othing ever stays the same, and that's usually a good thing. Change fuels people's drive to succeed, to right the wrongs of the past, and be better than they were yesterday. As much as businesses and industry crave consistency, change is an important part of the economy. It fuels innovation, compe- tition, and adaptation. Companies able to stay one step ahead of the market tend to be the most successful. Change fuels the stories in this edition of WBJ. e most obvious change is the soon-to-be new leader at one of the two most prestigious colleges in Central Mass. "Grace" Jinliu Wang took a break from her busy schedule at e Ohio State University – literally pausing in the middle of a board meeting – to talk with Staff Writer Tim- othy Doyle about her appointment as the next president at Worcester Polytechnic Institute. Her drive appears to make her particularly well-suited for WPI's unique style of learning, as Doyle points out in his "e next president" story on page 10. On page 8, the purchase by the music mogul Sean "Diddy" Combs of three Cen- tral Mass. cannabis businesses exemplifies how the legal marijuana industry is trend- ing even more toward wealthy investors and large corporations, as small-scale en- trepreneurs struggle to navigate the heavily regulated sector, as WBJ correspondent Laura Finaldi explores in her "Skipping costly cannabis regulations" story. e biggest change in Worcester in the last decade has been the development of the $160-million Polar Park stadium, which city officials used to woo the minor league Pawtucket Red Sox to Worcester. Staff Writer Kevin Koczwara updates the progress to have the stadium pay for itself through increased tax collections from surrounding developments in his "Paying Polar Park's debt" story on page 12. Inside of the broader national effort by small businesses and large retailers to change how much credit card companies can charge in fees to businesses, Koczwara looks at a statewide initiative by the Mas- sachusetts Restaurant Association to allow companies to pass on the cost of those credit card fees directly onto consumers, in the form of a surcharge. He details those complexities in his "Passing costs onto Editor, Brad Kane, bkane@wbjournal.com Staff Writers Timothy Doyle tdoyle@wbjournal.com (Real estate, higher education) Kevin Koczwara kkoczwara@wbjournal.com (Manufacturing, energy & environment)) Contributors Giselle Rivera-Flores, Laura Finaldi, Monica Benevides, Alan Earls, Susan Shalhoub, Livia Gershon Photgraphers Matt Wright, Edd Cote Research Director, Stephanie Meagher, smeagher@nebusinessmedia.com Research Assistant, Heide Martin, hmartin@nebusinessmedia.com Production Director, Kira Beaudoin, kbeaudoin@wbjournal.com Art Director, Mitchell Hayes, mhayes@wbjournal.com Senior Accounts Manager Christine Juetten, cjuetten@wbjournal.com Senior Special Accounts Manager Mary Lynn Bosiak, mlbosiak@wbjournal.com Senior Account Executive Yasmin Nasrullah, Ynasrullah@wbjournal.com Marketing & Events Manager Kris Prosser, kprosser@wbjournal.com Human Resources Manager, Tracy Rodwill, trodwill@nebusinessmedia.com Accounting Manager, Sara Ward, sward@nebusinessmedia.com Accounting Assistant, Rae Rogers, rrogers@nebusinessmedia.com Account Receivable Specialist, Patty Harris, pharris@ nebusinessmedia.com Audience Development Manager, Leah Allen, lallen@nebusinessmedia.com Publisher, CEO, Peter Stanton pstanton@nebusinessmedia.com Associate Publisher, Mark Murray mmurray@wbjournal.com President, Tom Curtin tcurtin@hartfordbusinessjournal.com Worcester Business Journal (ISSN#1063-6595) is published bi-weekly, 24x per year, including 4 special issues in May, September, October, and December by New England Business Media. 172 Shrewsbury St., Worcester, MA 01604. Periodicals postage paid at Worcester, MA. Copyright 2022. All rights reserved. Postmaster: Please send address changes to: Worcester Business Journal, PO Box 330, Congers, NY 10920-9894. Subscriptions: Annual subscriptions are available for $84.00. For more information, please email circulation@wbjournal.com or contact our circulation department at 845-267-3008. Advertising: For advertising information, please call Mark Murray at 508-755-8004 ext. 227. Fax: 508-755-8860. Worcester Business Journal accepts no responsibility for unsolicited manuscripts or materials and in general does not return them to the sender. Worcester Business Journal 172 Shrewsbury Street, Worcester, MA 01604 508-755-8004 tel. • 508-755-8860 fax www.wbjournal.com Worcester Business Journal WBJ A division of: e only constant is change iccreditunion.org Insured by NCUA Come visit us at our Worcester Branch 947 West Boylston St. We're here for you. Small business owners I N T H I S I S S U E T A B L E O F C O N T E N T S 4 Central Mass. In Brief 5 Worcester 300 trivia 12 Focus on Law & accounting 16 The List: Top law firms 17 The List: Top accounting firms 19 Know How 20 Movers & Shakers 21 Opinion 22 Shop Talk: Sena's Barbershop 14 Passing costs onto customers The Mass. Restaurant Association wants the state to allow businesses to charge customers an extra fee for using credit cards. 18 Our silence is deafening Outside the Box advice columnist Bonnie J. Walker writes about the importance of standing up to acts of racism, both large and small, in order to prevent its societal spread. customers" story on page 14. Change never stops. It's not always for the better, but the ability to understand and navigate change will make you more successful than most. - Brad Kane, editor CORRECTION: A chart entitled "Central Massachusetts communities with the most population loss" had incorrect population figures for Hudson. Hudson's population was 20,053 in 2020 and 19,790 in 2021. W

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