By: Jared Entwistle, Maine SBDC Intern How do I know I’m an entrepreneur? Thinking about starting a business? Have an idea but unsure if you have what it takes to be a business owner? Maybe you’re one of the many people who are tired of working for someone else? Whatever the case, before you start… Read more »
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 »
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 »
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 »
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 »
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 »
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 »
Subscribe To Receive The Latest News From The Maine SBDC Subscribe