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Small Business

  • Four key attributes of successful entrepreneurs

    Geoff Lamdin November 30, 2015

    These attributes are are simple and don't require degrees or years of experience, but they are key success drivers for business owners and entrepreneurs.

    Geoff Lamdin November 30, 2015
  • Startups in UMaine and MTI accelerator to pitch investors after completing program

    November 20, 2015

    The four Maine startups in a pilot accelerator program launched in September by the University of Maine and the Maine Technology Institute will pitch their ideas at a showcase event next month in Bangor.

    November 20, 2015
  • 'Fastest Growing' companies have some common threads

    Peter Van Allen November 16, 2015

    This is our first year with a new feature, "Fastest Growing Companies in Maine," and there are truly no runners-up among this bunch, writes Editor Peter Van Allen.

    Peter Van Allen November 16, 2015
  • Bull Moose to open third New Hampshire store

    October 27, 2015

    Bull Moose recently expanded the footprint of its Old Port store and plans to open a new location in Keene, N.H., its third store outside of Maine.

    October 27, 2015
  • SBA loans in Maine increased by 22% in FY15

    October 23, 2015

    The number of loans provided the U.S. Small Business Administration in Maine grew by 22% in the most recent fiscal year over 2014.

    October 23, 2015
  • Mainebiz names finalists for 'Fastest Growing' awards

    October 23, 2015

    Nine companies are finalists for the Mainebiz “Fastest Growing Companies in Maine” awards, which will be announced Nov. 10 at the Mainebiz Momentum Convention in Augusta.

    October 23, 2015
  • Damariscotta’s Maine Coast Book Shop & Cafe sold

    October 19, 2015

    The owner of the Sherman's Maine Books & Stationery, with five locations along the coast, is buying the Maine Coast Book Shop & Cafe in Damariscotta.

    October 19, 2015
  • Flowfold raises $200,000 in equity financing for expansion

    Paul Koenig October 19, 2015

    Flowfold, a Peaks Island-based company known for wallets made from high-performance sail material, plans to increase its product offerings and retail accounts with $200,000 in recent equity financing.

    Paul Koenig October 19, 2015
  • Daigle Oil transitions to employee-owned company

    October 8, 2015

    Daigle Oil Co. in Fort Kent has transitioned from a privately held company to a 100% employee-owned company through an employee stock ownership plan, or ESOP.

    October 8, 2015
  • Italian market to open in former downtown Waterville food co-op space

    October 6, 2015

    The former downtown Waterville storefront of Barrels Community Market, which closed earlier this summer, is set to become a “high-end Italian market,” the Morning Sentinel reported Monday.

    October 6, 2015
  • Holy Donut owner Leigh Kellis leverages doughnut sales with smart data collection

    Jennifer Van Allen October 5, 2015

    Five years ago, Leigh Kellis was a single mom living in her parents' attic, bartending at Enzo Wine Bar and on the verge of becoming a Spanish teacher.

    Jennifer Van Allen October 5, 2015
  • Volk Packaging Corp. co-owner Derek Volk focuses on community

    Laurie Schreiber October 5, 2015

    Whether it comes to giving back to the community or innovating for his company, Derek Volk always seems to be thinking, “What's next?”

    Laurie Schreiber October 5, 2015
  • Historic rainfall in Portland slowed shoppers Wednesday

    Paul Koenig October 1, 2015

    An historic rainfall in Portland flooded low-lying city streets Wednesday morning, making for a slower shopping day for some retailers on Commercial Street.

    Paul Koenig October 1, 2015
  • Sanford doughnut shop opens second location in Biddeford

    September 24, 2015

    Dirty Dozen Donuts, a doughnut shop that launched in Sanford in 2012, opened a second location in Biddeford on Wednesday, the Journal Tribune reported.

    September 24, 2015
  • Former Brooklin Boat Yard bookkeeper charged with wire theft

    September 21, 2015

    Steven Nygren, owner of the Brooklin General Store and former bookkeeper for Brooklin Boat Yard, was arrested last week for allegedly stealing $750,000 from the boatyard and transferring it out of state, the Ellsworth American reported Sept. 18.

    September 21, 2015
  • Freeport chocolatier gets $100,000 business plan grant

    September 17, 2015

    When Tom Wilbur, co-owner of the family-owned and operated Wilbur's Of Maine Chocolate Confections in Freeport, applied to JPMorgan Chase Bank's Mission Main Street Grant Program, he said he thought he'd sooner be hit by lightning than be selected

    September 17, 2015

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Today's Poll

Do you support an increase in Portland's minimum wage?
Choices
Poll Description

The Portland City Council is weighing a controversial proposed hike to the city’s minimum wage.

The proposal would increase the minimum wage from $15.50 per hour to $20 per hour within four years. (The statewide hourly minimum wage is $14.65.)

The proposal does not include a wage hike for tipped workers who are currently paid an hourly wage of $7.75, but employers are required to ensure that wages and tips combined total $15.50 per hour. 

While inflation pressures have made it hard to survive on the minimum wage, many business owners are concerned the hike would cut already thin margins.