An entrepreneur at heart, Jennifer DeChant had always dreamed of owning and running a small business. When her corporate job was eliminated, she took stock of her options. Was now the time to take the leap? During a pandemic? Was it just too crazy?
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 »
Even before the pandemic changed the way we interacted with each other, people were looking for deeper connections. Joanne Steenberg found a way to create those shared moments with something called a “Love Card” A simple green circle with a pink heart in the middle and a message on the back saying ‘You are holding… Read more »
Business planning is an essential aspect of your business and can help guide your business’s success. Your business plan is not just a document that you compile and put on a shelf. It’s a living, breathing roadmap that outlines goals and provides details on how you plan to achieve those goals.
By: Anne Lancaster, Business Advisor Feeling overwhelmed? Exhausted? 2020 has been a year of accentuated anxiety, seemingly endless stress, and unparalleled uncertainty. Keeping a positive outlook can be challenging with daily updates of COVID-19; local, state, and federal mandates; personal and professional changes. We live with this dynamic tension ALL the time. It’s natural, it’s… Read more »
They say the first year of a small business is the hardest, but for Allison Hopkins year 2 hasn’t been without its challenges as small business owners adapt to COVID-19. In January 2019 she worked with friends Paige and Mike Wilcox to open her own franchise of Wilcox Wellness & Fitness in Brunswick. All things… Read more »
Select your status: NEW, FIRST TIME PPP LOAN SECOND DRAW PPP LOAN IMPORTANT UPDATES & CHANGES – March 4th Updated: 3/29/2021
Prior to the pandemic, there were very few grant options available for small businesses. When the Covid pandemic was declared a national disaster, multiple rounds of federal and state grant funds were available to cover certain losses for existing businesses. Grant programs available for Covid-relief purposes are generally only available to those who can demonstrate pandemic-related loss… Read more »
1/7/2021 Help is on its way! We’ve highlighted what the new coronavirus relief bill might mean for your small business. Please note: Updates to these programs are likely as details are finalized. Once passed, agencies may require some time to launch and implement these programs. As always, Maine SBDC will keep you posted as details… Read more »
Lucas Roldan Rozas first came to a business advisor, Alison Lane, for help starting his own CrossFit business but was quickly discouraged by the significant costs involved with starting from scratch. Alison urged him to keep his eyes open for opportunities, since “crazy things can happen.” Within a week, a great opportunity presented itself when… Read more »
Subscribe To Receive The Latest News From The Maine SBDC Subscribe