Monthly Archives: December 2020

What the New Stimulus Bill means for Small Businesses

1/7/2021 Help is on its way! We’ve highlighted what the new coronavirus relief bill might mean for your small business. Please note: Updates to these programs are likely as details are finalized. Once passed, agencies may require some time to launch and implement these programs. As always, Maine SBDC will keep you posted as details… Read more »

CrossFit Black Bear – Orono

Lucas Roldan Rozas first came to a business advisor, Alison Lane, for help starting his own CrossFit business but was quickly discouraged by the significant costs involved with starting from scratch.  Alison urged him to keep his eyes open for opportunities, since “crazy things can happen.”  Within a week, a great opportunity presented itself when… Read more »

Mountain Side Powersports – Wilton, Maine

Daniel Daigle dreamed of owning his own Powersports dealership. This is why he bought, remarketed, and opened Mountain Side Powersports in Wilton. Located near some of the best trails in Maine, this family-owned and run business will continue the long tradition of selling and servicing snowmobiles, ATV’s and UTV’s, snowblowers, and landscaping equipment. After first… Read more »

The PPP Dilemma: 24 vs 8 Weeks

By: Business Advisor Peter Harriman Nothing is as confusing as when a newly rolled out program experiences the growing pains of change. Many business owners had just become comfortable with the 8-week PPP Covered Period when suddenly they were confronted with an unexpected twist – 24 weeks?  Many of my clients at the Maine Small… Read more »

Reflections on a Challenging Year

 By: Brad Swanson, Business Advisor For many small businesses, 2020 was a year that started with promise and great potential for continued growth and success. As we reflect on the year, it is very easy to get caught up in thoughts about the world health crisis that swept into our lives in March. In particular,… Read more »