Posts Categorized: News & Events

Serving Customers During a Pandemic

By: Keenan Hendricks, Maine SBDC Intern Customer service looks different these days. As a business owner, you are in control of how your customers see you through this shift. While it is vital to try your best to enforce and follow CDC safety guidelines, there are opportunities to serve and develop relationships with your customers amidst… Read more »

Tips to Prepare for Reopening

By: Business Advisor Susan Desgrosseilliers Though your business may be closed, now is the time to start preparing for your next chapter.  We recommend you develop a well thought out plan for when you can open again. While not all businesses are brick and mortar, many of these tips can be applied to your business…. Read more »

How YOU Can Support Local Businesses Right Now

Small businesses need you now more than ever. Maine would not be complete without the small businesses that make our communities unique, or without the hardworking business owners who create quality jobs for our families, friends and neighbors. We are all in this together. Pay It Forward and Maine Helps initiatives encourage Mainers to come… Read more »

Round 1 of the Paycheck Protection Program

Revised 1/20/2020: Important updates to this FIRST ROUND of PPP in the Economic Aid Act, passed December 2020. NEW Forgiveness Application for loans of $150,000 or less can be found here SBA EIDL Advance amount will no longer reduce the amount that can be forgiven. Previously, if you had received an SBA EIDL advance/grant (which… Read more »

SBA’s Economic Injury Disaster Loan Program (EIDL)

Need help? Contact your SBDC advisor. Request Advising Here. Revised 1/4/2021 The EIDL LOAN application has been extended through December 31st, 2021. The Advance/Grant is not currently available. The loan application deadline has been extended to December 31st, 2021. 

5 Practical Tips to Prep Your Business for Sale

Are you are considering selling your business? Perhaps you are ready for retirement? How can you prepare your business to get the most value out of the sale? It takes a lot longer to sell a business than it does to buy a business. Here are some practical tips that you can do now that will prove valuable later.

Maine SBDC Releases 2019 Small Business Client Results, Helps Start a New Business Every Three Days

The Maine Small Business Development Centers (Maine SBDC), a statewide program that helps entrepreneurs start and grow their businesses, is pleased to announce its annual results. 2019 ANNUAL REPORT  View / Download In 2019, certified business advisors across Maine provided no cost business advising to over 1,500 entrepreneurs which helped them to: Start 133 new businesses Save… Read more »

New Research: Maine SBDC Clients Are More Likely to Succeed

With the guidance and expertise of SBDC business advisors located across the state, our clients develop the skills necessary to meet their goals, create successful businesses, and improve the local economies in which they reside.

Contractor or Employee?

Is your worker a contractor or employee? By: Diana Grandoni, Maine SBDC Graduate Assistant   The important differences between these two roles might surprise you. Specific standards determine if your worker is legally an independent contractor or an employee of your business, and it’s up to the business owner to make sure these relationships are… Read more »