Posts By: Jennifer Boutin

Business Highlight: Halcyon Yarn – Bath

Halcyon Yarn, a yarn and fiber art retail and catalogue store located in Bath, has been in business for over 45 years, serving the needs of weavers, knitters, spinners and other fiber artists. When the founder Halcyon Blake decided it was time to retire, her daughter Gretchen Jaeger sought to buy the business and keep it in the family.

How To: Create a good marketing plan

Working with clients over the years has made me appreciate marketing as a key to success. The ability to create a great product isn’t going to assure success. There are many great products and services that fail. You can’t take the “build it and they will come” approach. With a well thought out marketing plan,… Read more »

Business Highlight: Aroostook Driving School – Caribou

When Ryan Deprey and Todd Albert, well known teachers and coaches in the local school system, heard that one of the longstanding driving schools in Caribou was closing due to retirement, they saw an opportunity. The pair approached Josh Nadeau, Maine SBDC business advisor at Northern Maine Development Commission (NMDC), to take advantage of that… Read more »

Business Highlight: Autotronics – Frenchville & Bangor

Autotronics approached Maine SBDC Business Advisor Josh Nadeau looking for help in restructuring some current loans as well as funds to help build a new state of the art paint facility at their headquarters in Frenchville, Maine.

Business Highlight: Lost Valley – Auburn

Lost Valley, a small ski area located in Auburn, Maine, has been a staple of the area since 1961. The first ski area in Maine to make artificial snow, the business features 15 trails and a terrain park, offering something for skiers of all abilities. It also boasts one of the largest ski schools in Maine…. Read more »

Business Owners Beware: Tips to avoid getting ripped off from online loan scams

When cash flow is an issue and convenient online loan applications just a few clicks away, business owners have access to hundreds of alternative financing options, both legitimate and deceptive. You need money, they say they have it. They offer fast cash and guaranteed, instant pre-approval. Bad credit? No business plan? No problem.  Just send in… Read more »