Posts Categorized: Small Business Information

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.

Local Relief for Maine Small Businesses

There are many local relief programs across the state of Maine that are offering small grants, loans, and resources to help you and your small business stay afloat as you cope with the impacts of Coronavirus. There are municipalities, banks, and non-profit organizations offering small business assistance programs throughout the state. If you’re impacted by… 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 »

Serving Customers – Mask or No Mask

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 »

What You Need to Know About SBA’s Disaster Loan (EIDL)

Need help? Contact your SBDC advisor. Request Advising Here. Revised 9/3/2020 The EIDL advance/grant is no longer available. The loan is still available. The U.S. SBA is offering low-interest federal disaster loans for working capital to small businesses impacted by the COVID-19. Through this process, SBA is provided an emergency cash advance of up to $10,000… Read more »

5 Practical Tips to Prep Your Business for Sale

Are you are considering selling your business? Perhaps you are ready for retirement? How can you prepare your business to get the most value out of the sale? It takes a lot longer to sell a business than it does to buy a business. Here are some practical tips that you can do now that will prove valuable later.

Hiring & Managing Your First Employees

Hiring and Managing Your First Employees By: Diana Grandoni, Maine SBDC Graduate Assistant Making the first new additions to your team is an exciting milestone and a sign that your hard work is paying off! For many small business owners, hiring can also be overwhelming and stressful. These four tips will help you make the… Read more »

Six Last-Minute Ideas for Small Business Saturday

Small Business Saturday helps promote Maine communities and the businesses that make them special. It’s a great day to highlight your business and show how much you appreciate your customers. It provides a unique opportunity for small businesses throughout Maine to increase holiday sales. Use Small Business Saturday to generate sales, foot traffic and visibility… Read more »