Hiring and Managing Your First Employees By: Diana Grandoni, Maine SBDC Graduate Assistant Making the first new additions to your team is an exciting milestone and a sign that your hard work is paying off! For many small business owners, hiring can also be overwhelming and stressful. These four tips will help you make the… Read more »
Writing a business plan is an important step in starting or expanding any business. A business plan provides an essential roadmap for your business that outlines goals and provides details on how you plan to achieve these goals. It is also a great tool in communicating your business’ potential to investors and financial institutions. We’ve developed… Read more »
Exhibiting at a trade show is an investment. Learn how to make the most of your next trade show! These seminars are especially helpful for those exhibiting at the New England Made Giftware & Specialty Food Show, but are open to anyone interested in learning more about trade shows.
Small Business Saturday helps promote Maine communities and the businesses that make them special. It’s a great day to highlight your business and show how much you appreciate your customers. It provides a unique opportunity for small businesses throughout Maine to increase holiday sales. Use Small Business Saturday to generate sales, foot traffic and visibility… Read more »
There are many low or no-budget actions that can be taken to generate awareness, optimize service, and keep customers coming back.
Starting a business from scratch is one of the most rewarding – and difficult – challenges to undertake. Filing for an LLC is easy, but helping the business to grow and develop requires time, effort, and unconditional (and sometimes unrequited) love.
The hurdles are significant: 20% of startups fail in the first year – a rate that jumps to well over 40% by year 4. [1] Top reasons for failure include: No Market Need (42%), Not Enough Cash (29%), Not the Right Team (23%), Product without a Business Model (17%), and Poor Marketing (14%).[2]
But, if you want the coveted title of Entrepreneur, what’s the alternative? How can you reduce these risks and still achieve your goals?
Buy a Business that already exists.
Maine SBDC has partnered with the University of Southern Maine’s Cutler Institute to create a FREE, self-paced online training just for retail and foodservice small businesses! DID YOU KNOW? As an employer, you are legally responsible for safety in the workplace. Workplace violence is the 2nd leading cause of workplace fatalities in the U.S. overall… Read more »
Bangor, Maine –The Maine SBDC has selected Ann McAlhany as the 2019 State Star. The award, given annually, recognizes a member of the Maine SBDC staff that has shown exemplary performance and a strong commitment to small business success. “Ann is dedicated to the success of her clients and the Maine SBDC program. She is… Read more »
This is a great piece from News Center Maine featuring the Maine SBDC and our client Surf & Summit Motorcycle. Two great takeaways… Maine ranks best in New England to start a business according to WalletHub! Maine ranked FIRST (#1!!) in the US in business startup survival rates according to the Kauffman Foundation!
The Maine Business Development Centers (Maine SBDC), a state-wide program that helps entrepreneurs start and grow their businesses, recognized Marc Anton, Susan Desgrosseilliers, Raynor Large and Allison Watson who received their Core Competencies Professional Certification from the New England Professional Development (NEPD) group on Wednesday, May 15, 2019.
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