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Accounting offers plentiful well-paying jobs that are always in high demand. A few leaders from Maine's accounting field share their perspectives on the opportunities for new entrants.
Todd Mason, president and CEO of the Maine Credit Union League, talks to Mainebiz about how the state's credit unions and weathering the pandemic, and what he sees as the longer-term impact to the sector.
In a time of volatile change, a guest consultant advises a reader on how businesses and their people can accept and adapt to it.
They may be open for business, but it’s anything but business as usual. A guest writer shares advice for those that are struggling in these challenging times.
The University of Southern Maine plans to launch an undergraduate degree program in certified financial planning, as the U.S. Bureau of Labor projects a 7% employment increase for personal financial advisors.
The CARES Act includes a lesser-known provision allowing greater access to retirement funds — without the steep penalties. So far, $2.3 billion has been withdrawn under this measure.
Maine banks say loans are smaller and more manageable in the second round of the SBA's Paycheck Protection Program — and there's money still available. But some officials express long-term concerns with the program.
WEX, whose first quarter earnings fell short of analysts' estimates, said it pulled out of two acquisitions valued at a total of $1.7 billion.
Maine farms with loans from Coastal Enterprises Inc. will receive debt relief covering principal and interest payments for three months.
The Paycheck Protection Program, which provides forgivable loans to small businesses hurt by the ongoing crisis, was quickly depleted in its first round of funding. But the second round assisted over 9,000 Maine businesses in its first week.
The global health and economic crisis is the very definition of uncertainty, leading some Maine business owners to press pause when it comes to their exit strategies. But succession planning always involves an element of uncertainty.
In the midst of uncertainty created by the global health and economic crisis, advisors are counseling prudence, not panic. Mainebiz talked with a few to see how they're steering clients through these troubling times.
Although wealth management remains a profession dominated by men, more women are entering the field and rising to its top ranks. That's clear in Portland but also at firms in other parts of Maine.
A contributor from the Association for Consulting Expertise suggests how to make the most of a business hiatus when your work involves face-to-face consultation.
Portland consulting firm Tidestone Solutions has merged with Wipfli LLP, a nationwide accounting and consulting firm headquartered in Milwaukee.
A national effort spearheaded by Village Capital and Sorenson Impact Foundation is looking to match investors with startups and entrepreneurs, so they can scale and adapt their technology to help with the COVID-19 crisis.