Posts Categorized: Small Business Information

5 Steps To Keep Moving Forward

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 »

Round 2 of the Paycheck Protection Program

Select your status: NEW, FIRST TIME PPP LOAN SECOND DRAW PPP LOAN Updated: 1/14/2021 FIRST TIME PPP LOAN: What is the Paycheck Protection Program (PPP)? PPP provides small businesses with funds to pay payroll costs and other eligible expenses. In order to be forgiven, no less than 60% of the loan needs to be used… Read more »

What the New Stimulus Bill means for Small Businesses

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 »

Reflections on a Challenging Year

 By: Brad Swanson, Business Advisor For many small businesses, 2020 was a year that started with promise and great potential for continued growth and success. As we reflect on the year, it is very easy to get caught up in thoughts about the world health crisis that swept into our lives in March. In particular,… Read more »

PPP Forgiveness Application Videos

One program, two forgiveness application forms. Which form is right for your business? Where do you find the forms? How do you fill out the applications properly?  Maine SBDC has created walk-through videos to help small businesses understand the Paycheck Protection Program Forgiveness Applications. This is a three-part series that first helps business owners identify which… Read more »

Employer Leave Obligations as Schools Reopen

As the 2020-21 school year approaches, parents and employers alike face tremendous challenges. Will education be in person, hybrid, or entirely virtually? How will working parents care for their children while doing remote schooling? It’s important for business owners to understand Federal and State rulings that impact both employers and employees.

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 »