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Wild Cow Creamery – Belfast & Bangor

Posted by MaineSBDC_Admin

Wild Cow Creamery makes all-natural ice cream from scratch. Each small batch is made with simple, high-quality ingredients and add-ins are mixed in by hand. Their shop in Belfast and stand on the Bangor waterfront are local summer staples. The pandemic hit just as business owners Sarah Wilder and Ryan Cowan were getting ready for… Read more »

Client Highlight: Izzy’s Cheesecake │ Portland, ME

Posted by Jennifer Boutin

David “Izzy” Izenstatt, founder of Izzy’s Cheesecakes, has been making high quality, hand crafted cheesecakes since 1985. Made in small batches, the company makes 37 flavors of cheesecakes include gluten-free and seasonal options. When Izenstatt’s business partner Jim Chamoff came into the Maine SBDC, he was looking to expand the business. He wanted to start… Read more »

Maine’s Greatest Entrepreneurial Opportunity

Posted by Jennifer Boutin

Starting a business from scratch is one of the most rewarding – and difficult – challenges to undertake. Filing for an LLC is easy, but helping the business to grow and develop requires time, effort, and unconditional (and sometimes unrequited) love.

The hurdles are significant: 20% of startups fail in the first year – a rate that jumps to well over 40% by year 4. [1] Top reasons for failure include: No Market Need (42%), Not Enough Cash (29%), Not the Right Team (23%), Product without a Business Model (17%), and Poor Marketing (14%).[2]

But, if you want the coveted title of Entrepreneur, what’s the alternative? How can you reduce these risks and still achieve your goals?

Buy a Business that already exists.

Getting Started with QuickBooks

Posted by Jennifer Boutin

By: Christina Oddleifson, Maine SBDC Business Advisor  Covid 19 has made it more important than ever for small businesses to have up to date information about their financial performance. If the Covid 19 pandemic has taught us anything, it’s that small businesses with up to date and accurate financial information have fared better than those… Read more »

Maine Cloth Diaper Company & Central Street Farmhouse – Bangor

Posted by Jennifer Boutin

Betsy and Zeth Lundy originally contacted Center Director and Business Advisor Tom Gallant in 2010. The husband and wife team wanted to buy a building in historic downtown Bangor in which they could live on the top floor and open a business on each of the two bottom floors.   Gallant has since spent over 50… Read more »

Client Highlight: Verona Wine and Design

Posted by Jennifer Boutin

When Colleen and Michael Gross of Verona Island originally came to see Business Advisor Betty Egner, they had owned their business, Verona Wine and Design, for two years. Already successful in their current format, an online business selling items made from repurposed wine barrels, they wanted to expand on their love for wine and wine-inspired items – they wanted to open a retail wine shop and a wine and tapas bar on Main Street in Bucksport.

TGN Detailing

Posted by Jennifer Boutin

Have you ever gotten your vehicle detailed and felt the stress of dropping your vehicle off for service and not having access to your vehicle for a full day? Anyone who has gotten their vehicle detailed will tell you this is the biggest downside to the service. Although many people take pride in their vehicles… Read more »

Wilcox Wellness & Fitness – Brunswick

Posted by Jennifer Boutin

They say the first year of a small business is the hardest, but for Allison Hopkins year 2 hasn’t been without its challenges as small business owners adapt to COVID-19. In January 2019 she worked with friends Paige and Mike Wilcox to open her own franchise of Wilcox Wellness & Fitness in Brunswick. All things… Read more »