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How to navigate Congress’ changes to the bankruptcy code
April 15, 2020Congress has given small businesses an important tool to help weather this difficult time by allowing companies with up to $7.5 million in debt to reorganize under a streamlined Chapter 11 process. This is available for the next 12 months. After
April 15, 2020
During COVID-19, some Maine lawyers are writing more wills
Updated: April 17, 2020As the coronavirus crisis spurs people to arrange their estates and to make other end-of-life preparations, Maine lawyers are seeing an increase in business.
Updated: April 17, 2020
Maine's top judge to take reins at Maine Law
Updated: April 9, 2020The chief justice of the Maine Supreme Judicial Court will leave the bench next week to take on leadership of Maine's only law school, which has been without a permanent dean for almost a year.
Updated: April 9, 2020
Mainebiz webinar explains how to make the most of federal relief
April 8, 2020Three experts discussed the potential business benefits of the new Paycheck Protection Program in a webinar presented by Mainebiz Wednesday morning. A second, free informational webcast on federal business relief is scheduled for Thursday.
April 8, 2020More than 1,400 Maine applications so far for $410M in small-biz loans
April 6, 2020Applications are pouring in for loans under the new federal Paycheck Protection Program, keeping bankers and others busy. The district director of the Maine SBA District Office shares the latest numbers with Mainebiz.
April 6, 2020
Retirement rollovers for business have tax advantages — but beware
Updated: April 6, 2020Rollovers for business startups, or ROBS, allow entrepreneurs to leverage retirement savings in order to launch a new business and perhaps a second career. But especially in these turbulent times, caution is necessary.
Updated: April 6, 2020
As coronavirus swamps Maine businesses, financial lifeboats are launched
Updated: April 6, 2020It was March 12, and the state had just announced Maine’s first COVID-19 case.
Updated: April 6, 2020
Business with a purpose: Maine financial firms join growing ‘conscious capitalism’ movement
Updated: April 6, 2020The Portland Conscious Capitalism Community is part of a growing national movement that puts purpose on a par with profit. The community grew from a few people last August to about 50 today, as issues of social responsibility take on new importance.
Updated: April 6, 2020Ask ACE: In the age of coronavirus, how do you manage a distributed team?
Updated: November 24, 2020A contributor from the Association for Consulting Expertise advises a reader on a frequent challenge in the new normal — what it takes to lead a team of remote employees.
Updated: November 24, 2020
Crowded field of Maine businesses expected in race for $349B in small biz loans
Updated: April 2, 2020Days before the federal Paycheck Protection Plan is expected to go live, Maine banks are getting ready and are already flooded with inquiries. Mainebiz talked to bank executives and other experts concerned about how the race for cash will turn out.
Updated: April 2, 2020
Machias Savings offers $100K in grants for Maine nonprofits
April 1, 2020Grants of up to $5,000 are available, particularly for organizations that manage food insecurity, services for the aging and isolated, community action programs and emergency response teams.
April 1, 2020
Waterville wealth firm invokes Buffett playbook in crisis response
Updated: March 31, 2020Despite today's public health crisis, investors need to think about the long term, Waterville-based financial adviser Brian Bernatchez tells Mainebiz.
Updated: March 31, 2020Ask ACE: Is there a good way to stop wasting time?
Updated: April 1, 2021A contributor from the Association for Consulting Expertise advises a reader on how to make the most of a precious commodity — time — without using too much of it in the process.
Updated: April 1, 2021Gorham Savings puts LaunchPad contest on hold until 2021
Updated: March 18, 2020The bank has called off the 2020 business pitch-off competition in the wake of the growing coronavirus crisis.
Updated: March 18, 2020
What the Fed rate cut means for Maine businesses and consumers
March 16, 2020In Maine, bank executives and others in the financial services sector welcomed the Fed action as mainly positive for businesses and consumers in the longer term.
March 16, 2020
After stock market plunge, Maine investment advisors urge caution
Updated: March 13, 2020After U.S. stocks had their largest one-day decline since 1987, Maine investment advisors offer opinions on how the stock market and economy might respond.
Updated: March 13, 2020
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