John and Pam Edwards have owned TuneTown Music Gear in Wells for 18 years. They brought decades of musical industry experience to a vision of providing positive and nurturing experiences within music instruction, service, and sales. Their business features nine large state of the art lesson studios, a recording studio and a live performance stage…. Read more »
Posts By: MaineSBDC_Admin
Boosting Small Business Sales During Slower Months
This is a challenging time of year for many companies. Sales are down as a result of the COVID pandemic in addition to normal decreases in spending during the winter and spring months in Maine. In this unprecedented time, there are a number of ways to boost sales when you really need it.
Time To Do Your 2021 Taxes!
Tax season can be stressful, especially after another year dealing with Covid related funding from the PPP, EIDL, state and local grants, to unemployment income and other sources. While many people procrastinate when it comes to their taxes, the IRS has announced that it will begin to accept returns starting on January 23rd. For tips… Read more »
Part II – Real Estate Investment and Rental Property Income: is it right for you?
Most affordable properties need some help and Maine has the oldest housing inventory in the country. According to the Maine Association of Realtors, the average age of a home in Maine is 42 years. As much as 24% of the housing stock was built prior to 1939. And although the older homes and apartment buildings… Read more »
Lucinda’s Day Spa & Hair Studio – Cumberland
Marissa Elliott has worked at Lucinda’s Day Spa & Hair Studio for nine years, both in management and as an aesthetician, and recently had the unique opportunity to step into the owner’s shoes, as the owner looked to retire. However, the transition itself – putting together financial projections, negotiating the lease, purchase price, and gift… Read more »
Part I – Real Estate Investment and Rental Property Income: is it right for you?
Real estate is HOT right now just about everywhere! There are many factors contributing including pent-up demand, low-interest rates, and the US savings rate hitting a record high at 33%, more than it has been since the previous high of 17.3% set in 1975, at the same time wages have been rising. These factors have… Read more »
West Maquoit Vinegar Works – Brunswick
Making our resources known and accessible to the small business owners of Maine is a goal of the Maine SBDC, so we love seeing our business advisors customize the help their clients need! We work with all stages of business to help them understand and apply our help. Like Brad Messier and Elizabeth Guilbault, of… Read more »
Ignite PI – Presque Isle
Clint Deschene began 2020 at MSAD #1 as their Business Manager. As a Rotarian and a staple Presque Isle community member, Clint was no stranger to Central Aroostook and the challenges and opportunities in the region. After a visit with the philanthropic Rodney & Mary Smith Family Foundation, it was clear that Clint would make… Read more »
Reflections on 2021: It’s Okay To Just “Be”
By: Alison Lane, Business Advisor & 2021 State Star I used to own a restaurant, and January meant a lot of slow days. When there weren’t any coffees to pour, dishes to wash, or Quickbooks to update, I would ask myself: “How can I not waste this time?” “What else can I try to generate… Read more »
Minimum Wage Increase in 2022
Get Ready for the Minimum Wage Increase: 3 Practical Tips Minimum wage is increasing to $12.75 on January 1, 2022. (Maine law requires minimum wage adjustments annually based on the cost-of-living index.) Here are some practical tips to help you get ready: