Part 4 of the “Things we wish we knew” Blog series By: Tina Oddleifson, Business Advisor “If you market to everyone, you’ll market to no one” – Famous Marketing Guru As business advisors, we review a lot of business plans. One thing we see regularly are marketing plans with vague references to social media… Read more »
Posts Tagged: experience
Create realistic financial projections
Part 3 of the “Things we wish we knew” Blog series By: Tina Oddleifson, Business Advisor We get it, you’re an artist, a baker, or love working on cars. You’ve decided to start a business doing what you love, and you plan to let someone else worry about the financial details later. But when… Read more »
How Much Capital Do You Need to Start a Business?
Part 2 of the “Things we wish we knew” Blog series By: Tina Oddleifson, Business Advisor Being a successful entrepreneur means understanding how much capital you need to start a business so that you have room to grow. Not having enough capital can be a major pitfall for a new business owner, making it the… Read more »
Essential Steps Before You Start a Business
Part 1 of the “Things we wish we knew” Blog series By: Tina Oddleifson, Business Advisor When we asked Maine SBDC Business Advisors about the biggest mistakes they see new business owners make (including themselves) many of the responses boiled down to the same essential thing: Moving forward before you are ready. We’ve all been… Read more »