Are you ready to launch your business? Personal readiness is key when it comes to opening a business, and it’s essential to take the time to make sure you are prepared for all of the challenges that come with the process.
Posts Categorized: Financials
Environmentally Conscious Cost Savings
By: Jared Entwistle, Maine SBDC Intern In the wake of the COVID-19 pandemic, it’s more important for small businesses to think about ways to conserve cash flow. This often presents a dilemma for those who want to be conscious of their carbon footprint: how can I reduce my business’s environmental impact while maintaining a budget? … Read more »
Should I Raise My Prices?
By: Business Advisor Lori Allen Even in the best of times, pricing decisions can be agonizing. It is one of the most critical decisions you need to make in your business model because your profit margins hinge on being able to price effectively. Price too low and you will lose money; price too high and… Read more »
Round 2 of the Paycheck Protection Program
Select your status: NEW, FIRST TIME PPP LOAN SECOND DRAW PPP LOAN IMPORTANT UPDATES & CHANGES – March 4th Updated: 3/29/2021
The PPP Dilemma: 24 vs 8 Weeks
By: Business Advisor Peter Harriman Nothing is as confusing as when a newly rolled out program experiences the growing pains of change. Many business owners had just become comfortable with the 8-week PPP Covered Period when suddenly they were confronted with an unexpected twist – 24 weeks?