Monthly Archives: January 2024

New Federal Reporting Requirements for LLCs and Corporations

If you have an LLC, corporation, or other entity registered through the Maine Secretary of State, you’ll want to know about your obligations under the federal Corporate Transparency Act. On January 1, 2024 the Corporate Transparency Act went into effect requiring millions of small businesses to register with the US Treasury’s Financial Crimes and Enforcement… Read more »

Essential Steps Before You Start a Business

Lightbulb and crumbled paper to represent starting a business

Part 1 of the “Things we wish we knew” Blog series By: Tina Oddleifson, Business Advisor When we asked Maine SBDC Business Advisors about the biggest mistakes they see new business owners make (including themselves) many of the responses boiled down to the same essential thing: Moving forward before you are ready. We’ve all been… Read more »

Things we wish we knew – Blog series

Sometimes clients reach out to the SBDC after they realize they made a mistake while starting or running their business.  As advisors and former business owners ourselves, we know the feeling.  Owning a business means having to learn a lot on the fly, and sometimes you don’t get it right. But you’re not alone because… Read more »

Main Street Provisions – Waterville

Outside of building of Main Street Provisions with large business sign and glass windows

Zachary Brann’s entrepreneurial journey is a testament to his passion for locally sourced food and beverages, coupled with a love for the Waterville area where he grew up and plans to raise his family. Now, he proudly contributes to Waterville’s revitalization through his new business, Main Street Provisions.

Brick House Kitchen – Skowhegan

Outside of Brick House Kitchen in Skowhegan, brick building and business sign with lush greenery on a bright sunny day

Beth Terstegen has co-owned Brick House Kitchen since she and a friend purchased the business in 2019 with the help of the SBDC. Located in the heart of downtown Skowhegan, Brick House Kitchen is a popular lunch spot serving unique deli-style sandwiches, wraps, and salads.

Fundamental Foot Care – Hampden

Close view of a nurse treating someone's feet

Heather Fogg, RN, embarked on her entrepreneurial journey in 2019 when she established Fundamental Foot Care. In 2023, she reached her biggest milestone yet, opening a comfortable and clean physical space for footcare services and gatherings at 735 Main Road North in Hampden, ME.