As we gear up for the holiday season, it’s essential to plan ahead and make the most of the opportunities it presents. The 2023 holiday forecast predicts a 4.5% increase in retail sales, making it one of the busiest seasons yet. In this blog, we’ll share strategies to help you take advantage of this busy… Read more »
Tommy Maruca and Jonathan Record are first time small business owners but long term fans of A&B Naturals, the natural food store they just bought on MDI! The couple shares a passion for a healthy lifestyle and products that are good for both people and the planet. Values they also share with the previous owner,… Read more »
Seeing young entrepreneurs launch a new business and develop roots in their community is one of the most satisfying outcomes for the Maine SBDC. It’s even more exciting to help them scale up, grow and succeed. For Alex and Megan Herzog, starting Great Wave Sushi is the perfect example of how a new business with… Read more »
In 2019, Jodie Curtis opened Yarrow, a retail shop that invites customers to be curious and explorative about what wellness can look like! Jodie has a background in retail, with experience in wholesale, product development, and marketing, which helped her understand the complexities of owning a retail business. But for her, the creative freedom of… Read more »
Do you struggle with financial management in your small business? Are you intimidated by the income statement, baffled by the balance sheet, or confused by a cash flow statement? You’re not alone! Most small business owners don’t use their financial reports to their full advantage or only see them only as a tool to file… Read more »
The Maine Small Business Development Centers (Maine SBDC) has selected Anne Lancaster as the 2023 State Star. The award, given annually, recognizes a member of the Maine SBDC staff who has shown exemplary performance and a strong commitment to small business success. Anne Lancaster is a business advisor at the Maine SBDC at University of… Read more »
As a business owner, your personal credit score will impact your ability to get a business loan, secure credit lines, and even lease office space. While credit score requirements vary by institution or credit card provider, if your credit score is less than perfect, there are steps you can take to repair it!
By: Maine SBDC Intern Ryan McNally From banking to social media, mobile apps have become a part of our daily routine. Some businesses only exist as apps, like Uber, and other businesses develop apps to enhance their existing services, like clothing stores. For small businesses, developing a mobile app may seem intimidating and costly, but… Read more »
February 28, 2023 Today the Maine Small Business Development Centers (Maine SBDC) announces the release of its annual report for 2022. The report showcases the achievements and impact of Maine SBDC’s efforts in supporting entrepreneurs and small businesses through business advising, training and resources. The report also highlights individual entrepreneurs, illustrating the transformative effect that… Read more »
Another busy summer is expected, providing both an opportunity and a challenge for small businesses across Maine. The ongoing labor shortage means that many businesses will again need to do more with less. Below are some basic customer service tips that can help businesses stand out.
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