Groton Board of Trade Logo  Groton Board of Trade
Groton, Massachusetts
05/19/13


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Welcome to the Groton Board of Trade
P.O. Box 189
Groton, MA 01450
http://grotonboardoftrade.com


The Groton Board of Trade is an organization formed in the fall of 2010 to support businesses and farmers within Groton, Massachusetts. The Board of Trade hopes to demonstrate the value of membership to all businesses and farms in Groton, encouraging them to become part of the team which will further the interests of all Groton businesses.

Next Scheduled Meeting (Last updated: April 26, 2013)

The next scheduled (monthly) meeting of the Groton Board of Trade is Wednesday, May 22 at the Groton Pool and Golf Center (6:00 pm).

Unless something comes up, every monthly meeting is on the fourth Wednesday of the Month (excluding July and August when there is no meeting). The annual kickoff meeting is usually held at the Gibbet Hill Grill. The December meeting is usually a luncheon.

Business Database

For several months as we gathered information about businesses in Groton, the Groton Board of Trade website allowed visibility of all known businesses in Groton. Going forward, visibility of businesses was to be deteremined by membership in the Groton Board of Trade, so if you wanted your business listed you must join the Board. We have backed away from this idea and now display what we know about all businesses in Groton.

We know that the businesses database has errors in it and we ask all people with knowledge of businesses in Groton to help us make the database more accurate and up-to-date. If you see any mistakes in the data you see, please use the Suggestions button on the left to tell us about the problems. We would like phone numbers and email addresses for all databases as well as accurate business names and addresses.

We appreciate any help you can give us.

Businesses that are GBOT members have details about their business displayed on the website. Businesses that are not GBOT members have only their name listed. Member business owners can log into the website to update the information about their business.

Membership

Membership is open to any business in Groton. "Business Representatives" for each member business need not live in Groton. There are two kinds of membership in the Board: corporate membership and individual membership. A corporate membership costs $100 per year and includes 3 pre-paid individual memberships. Corporate membership includes a business listing on the GBOT web site and eventually a monthly newsletter.

Individual memberships are for Groton residences who do not necessarily own or run a business but are interested in participating on the Groton Board of Trade. Individual memberships cost $50 per year.

Any business or individual that wants to join the GBOT may do so online by clicking Apply Online button on the left. Once payment has been received, the business or person will be enabled as a member.

Why Join?

There are many potential benefits of membership:
  • Increased Business – One of the principles upon which GBOT is founded is the idea that people do business with others that they know and trust.
  • Strength in Numbers – When issues arise that could affect the Groton business and farming community (e.g., changes in the sign by-law), being part of a group gives you a stronger voice.
  • What’s Going On? – GBOT’s monthly meetings will provide a format that will inform members about changes in the community: businesses that are coming or going, changes in Town by-laws that affect business, significant events in town, etc. It will also give you a chance to meet fellow business leaders in a casual, collegial setting.
  • Common Cause – As a group, Groton businesses and farms will be able to identify opportunities for one-time or recurring events that benefit the residents and businesses (e.g., Shop Groton Days).
  • Community Service – The GBOT will do a lot of positive things in the community (see the examples of GBOT programs that follow). As a member, you’ll enjoy and participate in the benefits of the equity that the GBOT builds with Groton residents. It’s a lot easier to serve the community as part of a group than it is to do so individually. Over time, giving back to the community is not only good karma, it is good business.

Who?

The Groton Board of Trade is an organization of local business owners, managers, farmers, and residents. Its purpose is to advance the commercial, agricultural, industrial, civic and general interests of the Town of Groton.

When & Where?

The GBOT meets the third Wednesday of each month, from September to June (on hiatus for July and August). Most meetings are held in the evenings at a local restaurant and feature an informative program. Our first meeting was held on November 17, 2010.

Why?

The primary goal of the Groton Board of Trade is to foster business and agricultural growth that enhances both the cultural and economic qualities of life in the Town of Groton. The Groton Board of Trade will play an active role in developing Groton, expanding the tax base, and creating local jobs.

What Happened to the Groton Business Association (GBA)?

The Groton Board of Trade is not a new name for the Groton Business Association. The GBA is no longer in existence and hasn’t had meetings for years. The GBOT is certainly similar in some respects, but it represents a fresh start and acknowledges the integral role of agriculture as a component of Groton commerce. At its creation, the Groton Board of Trade had taken over Grotonfest, but is now no longer associated with Grotonfest other than being a participant just like many others.

Organizational Structure

The leadership of the organization is made up of four officers: President, Vice President, Secretary, and Treasurer (aka the Executive Committee). The Board of Directors is made up of the four officers and five other at large members: total of nine board members. The president only votes in case of a tie. The Board meets monthly except July and August. Board terms are one year, two years or three years. The officers will serve one or two terms, lasting twelve months each. The administrative year begins in September and ends in June.

GBOT Programs (examples)
  • Membership Committee - This GBOT committee will build up the membership in the Groton Board of Trade.
  • Business Development Committee - This GBOT committee will endeavor to foster business growth and mentor incoming businesses to enhance the quality of life, both economic and cultural, in the Town of Groton. The committee will meet with people interested in opening a new business in Groton as well as existing businesses that want to make changes/expand.
  • Farm to Table Program - This effort will try to connect local (not just Groton) farms with restaurants to provide adequate local produce for restaurants. This is a regional effort that cannot fully by achieved when limited to just Groton businesses and farms, so an outreach program to farms in the region is planned.
  • Information for New and Changing Businesses - The Groton Board of Trade is working with the Land Use Department in Town Hall to develop one or more documents intended to help businesses understand the permitting process in town. These documents, once complete, will be helpful for both businesses considering starting up in Town as well as businesses considering changing certain characteristics. These documents will help the Business Development Committee (above) work with new businesses.


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