Posts Categorized: Small Business Information

Shuttered Venue Operators Grant

IMPORTANT UPDATE (3-12-21): Businesses can now apply for both a PPP loan after Dec 27, 2020 -and- the SVOG! The application is expected to launch on April 8, 2021 at 12 pm. The purpose of the Shuttered Venue Operators Grant program is to provide aid to small business owners who have been hit hard by COVID-19… Read more »

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 »

Small Business Support in the American Rescue Plan

On March 12th, the third stimulus bill called the American Rescue Plan passed into law. The bill consists of $1.9 trillion to help people and businesses struggling with the pandemic. Here’s what you can expect from the bill for your small business. Please note: Updates to these programs are likely as details are finalized. As… Read more »

Employee COVID Vaccine Policy?

SPECIAL CONTRIBUTOR: Maine Law and MeRTEC 2-26-2021 Coronavirus cases continue to be reported throughout the state. As of mid-February the total number of cases in Maine has exceeded 43,000, with more than 1,500 hospitalizations and 650 deaths. The data shows that the COVID-19 vaccines are safe and effective, and many Maine employers and employees alike may be wondering whether an… 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 »

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 »