Monique Beaulieu had successfully managed and run daycare centers for others for years and was ready to take the leap and do so for herself. The process of determining value, negotiating and purchasing an existing business and real estate, however, was daunting. She worked closely with Maine SBDC at CEI Business Advisor Raynor Large to explore a myriad of options – starting from scratch, buying existing centers of various sizes, to leasing. The tight real estate market proved to be another hurdle, with multiple opportunities falling through in the negotiating process. Throughout it all, Monique kept her eyes on her goal – being the Director of her own Center, so that she was truly the beneficiary of her hard work and care. Read More
Pumpkin Patch Preschool & Child Care – Baldwin
Portland Yoga Collective – Portland
Jess Fadale dreamed of owning her own Yoga studio! The vision was to open a collective of yoga instructors with a variety of specialties, giving their clients a holistic, well-rounded experience. After a decade-long career in sports business, she pivoted her strong marketing and business backgrounds to her passion for yoga.
Jess is a certified yoga instructor and has been teaching classes for the last couple of years in the Providence and Boston area. She completed her 200-hour yoga teacher certification to share her love of movement with others. “My classes involve building strength, trying new things, laughing, falling down and getting back up.” All things we, small business owners included, need to learn to do more flexibly. Read More
Fryeburg Kitchen and Market – Fryeburg
This pandemic has had us all reassessing our future plans; personally, professionally, and in some cases geographically! Tom Sturdevant and his family decided that relocating from New Jersey to Maine was the right next step for them. Having summered here over the years they were ready to make it home full time and were looking to open a dual restaurant and market. He explored several options before settling on a property in Fryeburg, and when he approached Franklin Savings Bank for financing he was referred to the Maine SBDC for help with his application. Read More
TuneTown Music Gear – Wells
John and Pam Edwards have owned TuneTown Music Gear in Wells for 18 years. They brought decades of musical industry experience to a vision of providing positive and nurturing experiences within music instruction, service, and sales. Their business features nine large state of the art lesson studios, a recording studio and a live performance stage. In the showroom, they offer a selection of instruments, keyboards, amplification, PA and recording gear, print music and accessories at competitive prices. Audio visual installations have been designed and completed in schools, churches, restaurants and Pease AFB. TuneTown also provides repairs and maintenance on most instruments and some electronics. Read More
Bad Little Brewing – Machias
Kathryn Toppan and husband Sean Lent, of Bad Little Brewing Company, are an excellent example of how important persistence is when it comes to starting a small business. They have been working with Maine SBDC advisors throughout our network to get their brewery and restaurant open since 2019! Moreover, throughout the process there has been an incredible amount of teamwork between our business advisors. As new roadblocks popped up, different business advisors stepped in to help navigate the next stage. Read More
Something to Wag About – Ellsworth
Elissa Nally began working with Shannon Byers, Maine SBDC at CEI Center Director and Business Advisor, in 2019 as she started her dog grooming business. Byers was able to help her lay the groundwork for a solid business plan and financial projections, as well as offer a unique perspective as the previous owner of a similar dog grooming business! Byers advised Nally through the CEI Wicked Fast Microloan application process which led to the funding needed to open their doors! Read More
Frenchman Bay Oyster Company – Sullivan
Graham Platner was born and raised in Maine before he went on to serve 8 years in the military, with 4 infantry tours in Iraq and Afghanistan. Returning to Afghanistan to work for the Department of State, while on leave he was able to return to his roots and got a peek into the world of oyster farming, working beside Jock Crothers of Waukeag Neck Oyster farm in his hometown of Sullivan. Crothers was looking to the future and suggested Platner take on the farm to see where he could go in the world of aquaculture, but it took some time for Platner to take the idea seriously and make his way back to Maine. Read More
Lucinda’s Day Spa & Hair Studio – Cumberland
Marissa Elliott has worked at Lucinda’s Day Spa & Hair Studio for nine years, both in management and as an aesthetician, and recently had the unique opportunity to step into the owner’s shoes, as the owner looked to retire. However, the transition itself – putting together financial projections, negotiating the lease, purchase price, and gift card liability holdover, and obtaining the commercial loan – was complicated, with many factors to consider. She worked closely with Maine SBDC at CEI Business Advisor Raynor Large to carefully think through her options and make sure the business was able to both handle its seasonal fluctuations and service the debt. Read More
West Maquoit Vinegar Works – Brunswick
Making our resources known and accessible to the small business owners of Maine is a goal of the Maine SBDC, so we love seeing our business advisors customize the help their clients need! We work with all stages of business to help them understand and apply our help. Like Brad Messier and Elizabeth Guilbault, of West Maquoit Vinegar Works, who have been making small-batch craft vinegar in Brunswick Maine, since 2018. Their vinegars are unique in flavors and focused on quality ingredients, many of which they source locally. Their business has now become a full-time job for Brad who sought out help in strategically scaling up while still working full time. He connected with Maine SBDC at CEI Business Advisors Brad Swanson who helped him identify marketing gaps, specifically with digital marketing, eCommerce, and packaging. Swanson then introduced Messier to fellow Maine SBDC at CEI Business Advisor Jenn Stein, who specializes in hospitality and food businesses, so they could dive even deeper. Read More
Ignite PI – Presque Isle
Clint Deschene began 2020 at MSAD #1 as their Business Manager. As a Rotarian and a staple Presque Isle community member, Clint was no stranger to Central Aroostook and the challenges and opportunities in the region. After a visit with the philanthropic Rodney & Mary Smith Family Foundation, it was clear that Clint would make a transition to formally serve the entrepreneurial community in Presque Isle. After several calls with community stakeholders, Clint got to work with Northern Maine Development Commission, a Certified Community Development Financial Institution and the host of Maine SBDC @ NMDC to create a new foundation and acquire the Northeastland Hotel to convert into a business co-working space and upscale lodging facility for business travelers. Read More