After graduating with a Master of Social Work in 2020, Liz Kovarsky faced the challenge of beginning a new career during a time of social isolation. She found herself craving deeper human connection and a more sustainable work-life balance. As she spoke with others facing similar struggles, an idea began to take shape: What if… Read more »
Posts Tagged: maine
Woof Daycare & Boarding – Glenburn
Peter Richmond has always been passionate about dogs. When he learned that a well-established dog-focused business was on the market, he saw it as the perfect chance to pursue his dreams. For guidance, his bank recommended he work with the Maine Small Business Development Centers (SBDC).
Things to Know Before Signing a Lease
Part 5 of the “Things we wish we knew” Blog series By: Tina Oddleifson, Business Advisor You’ve got a business idea that you’ve been thinking about for a while and suddenly you see the perfect location. You’re convinced your business will not work anywhere other than in that adorable shop on the corner of… Read more »
How to Reach Your Customers
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 »
Palette Crêperie – Monhegan
Originally hailing from Morocco and residing New York City, Redwane Gatarny, a trained chef, embarked on a journey back to his culinary roots. After seven years in public health, he decided to return to his passion for good food with a dream of sharing the authentic flavors he remembers from his childhood. He wanted to… Read more »
Maine SBDC Releases 2023 Results: Supporting and empowering entrepreneurs throughout Maine
February 26, 2024 The Maine Small Business Development Centers (SBDC) is proud to announce the release of its 2023 Annual Report. The report, available here, highlights the Maine SBDC’s impact in supporting Maine’s entrepreneurs and small businesses. The report showcases the tangible outcomes in 2023 and spotlights individual success stories that underscore the powerful effect… Read more »
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 »
New Federal Reporting Requirements for LLCs and Corporations
If you have an LLC, corporation, or other entity registered through the Maine Secretary of State, you’ll want to know about your obligations under the federal Corporate Transparency Act. On January 1, 2024 the Corporate Transparency Act went into effect requiring millions of small businesses to register with the US Treasury’s Financial Crimes and Enforcement… 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 »