DALTON, Mass. — Berkshire Money Management team received a $10,001 stipend to spend at local businesses.
Berkshire Money Management (BMM) founder and CEO Allen Harris announced to his 11 employees that, in lieu of a holiday party and bonuses, each of them will be given a $10,001 stipend to spend at Berkshire businesses during the holiday season.
"It has been a tough 2020 for many of us. I am concerned that cold weather and an apparent second wave of the coronavirus will further test the resolve and the durability of some of our favorite local companies," Allen said. "We support local entrepreneurs and organizations. You have taken risks to provide jobs and help families put food on the table. You are remarkable. You are appreciated. And we want to be part of a solution that revitalizes our business community."
Allen is encouraging other business owners follow BMM’s lead in order to inject much-needed life into hard-hit businesses because of the ongoing pandemic.
The $10,001 stipend amount is in honor of the newly launched 10,001 Hours (https://10001-hours.com/) that provides consultative and valuation services to business owners.
"I wanted to support the BMM team," Allen said. "Now the BMM team and 10,001 Hours wish to continue our efforts to support local businesses."
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