After a career managing grocery stores, Chad Boulet and his husband Scott Hunter, decided to embark on a new career and purchased their local hardware store! Depot Square Hardware & Variety is located in downtown Mechanic Falls, and throughout the pandemic their business actually grew as people relied on them for goods and services rather than larger area chain stores. Chad was referred to the Maine SBDC by his lender during the purchasing process to help put together some of the required paperwork.
Connecting with Maine SBDC at AVCOG Center Director and Business Advisor Lori Allen helped him understand each step along the way. Lori reviewed his business plan, providing market research and general feedback. Then together they created realistic financial projections based on that market research as well as the previous owners’ P&L statements. Read More