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.
As a small business owner, one of the biggest challenges you may face is determining when it’s time to raise your prices. Maintaining loyal customers and earning a profit can be a delicate balance. However, there are times when raising your prices is necessary to keep your business viable. A winning price strategy includes knowing… Read more »
Maine offers businesses year-round opportunities to display their products to potential customers. The state has 24 agriculture fairs, 70 festivals, 115 summer farmers markets, and 35 fall/winter markets. Participating in fairs, festivals, and farmers’ markets can be an excellent way for businesses to promote their products and increase sales. However, it’s essential to prepare your… Read more »
Maine’s outdoor industry is a vital and thriving state economy component. With its rugged coastlines, dense forests, and stunning mountain ranges, Maine is one of the top five states in the country for the outdoor recreation industry. In 2022 alone, Maine attracted over 15 million visitors, adding around eight billion dollars in revenue to the… Read more »
Scott McArdle & Damon Waltz have been close friends and co-workers in the food industry for years. They’ve been building up experience in different positions at a variety of locations, but have been long-time employees at King Eider’s Pub in Damariscotta. They truly knew the restaurant industry inside & out, co-managing & growing together –… Read more »
Some of the best parts of networking are meeting people from all backgrounds, building your business, finding new clients, and getting your name out there, but it can also be an uncomfortable experience. If you’re an introvert, networking may be one of your least favorite activities. So here are some tips and tricks to make… Read more »
Did you know that establishing your brand identity is crucial to your marketing strategy and helps you better articulate your brand image? After all, the brand’s personality and originality are what people remember about your company and how your customers recognize and experience your business.
Nikki & Peter Ouellette shared both a passion for good beer and a talent for creation. Together, they wanted to share those skills with the community. However, after investing in some equipment, they had difficulty in finding a supportive location in which to invest the time, money, and energy necessary for establishing themselves and opening… Read more »
The pandemic created an opportunity for Sarah (Armstrong) Kecskemethy, Zoli Kecskemethy, Tessa Boepple, and Dylan Boepple to come together to form the Four Cuckoo Birds, Inc. These two couples, who share vast experience in the food industry and a passion for food & community, were eager to get their dream business going and use their… Read more »
Kathryn Toppan and husband Sean Lent, of Bad Little Brewing Company, are an excellent example of how important persistence is when it comes to starting a small business. They have been working with Maine SBDC advisors throughout our network to get their brewery and restaurant open since 2019! Moreover, throughout the process there has been… Read more »
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