Small businesses need you now more than ever. Maine would not be complete without the small businesses that make our communities unique, or without the hardworking business owners who create quality jobs for our families, friends and neighbors. We are all in this together. Pay It Forward and Maine Helps initiatives encourage Mainers to come… Read more »
Revised 1/20/2020: Important updates to this FIRST ROUND of PPP in the Economic Aid Act, passed December 2020. NEW Forgiveness Application for loans of $150,000 or less can be found here SBA EIDL Advance amount will no longer reduce the amount that can be forgiven. Previously, if you had received an SBA EIDL advance/grant (which… Read more »
Need help? Contact your SBDC advisor. Request Advising Here. Revised 1/4/2021 The EIDL LOAN application has been extended through December 31st, 2021. The Advance/Grant is not currently available. The loan application deadline has been extended to December 31st, 2021.
Need help? Contact your SBDC advisor. Request Advising Here. Revised 2/22/2021 The U.S. SBA has several programs to help your small business through the COVID-19 pandemic. There are also local Maine loans and grants that can help.
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.
The Maine Small Business Development Centers (Maine SBDC), a statewide program that helps entrepreneurs start and grow their businesses, is pleased to announce its annual results. 2019 ANNUAL REPORT View / Download In 2019, certified business advisors across Maine provided no cost business advising to over 1,500 entrepreneurs which helped them to: Start 133 new businesses Save… Read more »
With the guidance and expertise of SBDC business advisors located across the state, our clients develop the skills necessary to meet their goals, create successful businesses, and improve the local economies in which they reside.
Is your worker a contractor or employee? By: Diana Grandoni, Maine SBDC Graduate Assistant The important differences between these two roles might surprise you. Specific standards determine if your worker is legally an independent contractor or an employee of your business, and it’s up to the business owner to make sure these relationships are… Read more »
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 »
Writing a business plan is an important step in starting or expanding any business. A business plan provides an essential roadmap for your business that outlines goals and provides details on how you plan to achieve these goals. It is also a great tool in communicating your business’ potential to investors and financial institutions. We’ve developed… Read more »
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