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 »
Posts Tagged: capital
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 »