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Small Business

  • Hulit to leave SBA, lead Northeast Bank division

    January 24, 2014

    A former Maine economic development official who rose to the top rank of the U.S.

    January 24, 2014
  • Tom Toye III resurrects Park 'N Jet valet service

    James McCarthy January 13, 2014

    Fifteen years after getting out of the parking business at the Portland International Jetport, Tom Toye III is back in the game with his newly opened Park 'N Jet valet parking service.

    James McCarthy January 13, 2014
  • How the Patco case changed who pays in cybercrime

    Lori Valigra December 23, 2013

    One Wednesday in 2009, Mark Patterson received a letter from his bank that his company had transferred a payment to a bad account.

    Lori Valigra December 23, 2013
  • Nelson & Small distributor sells multiple divisions

    December 18, 2013

    The Portland-based appliance distributor Nelson & Small has sold off most of its various divisions through multiple transactions, the

    December 18, 2013
  • Dirigo Health insurance to end Dec. 31

    December 10, 2013

    The Dirigo Health Insurance program is set to end Dec. 31 as administrators of the state insurance program transition individual and small business customers to other plans through a federal health insurance exchange.

    December 10, 2013
  • Small business lending in Maine

    December 9, 2013

    This data from the Federal Deposit Insurance Corp. shows small business loans in Maine have remained relatively stable for the past four years, with moderate increases in commercial and industrial lending.

    December 9, 2013
  • Small business health care website delayed

    December 2, 2013

    While officials say major glitches to healthcare.gov have been fixed for individuals, businesses with fewer than 50 workers will have to wait until next year before they too can shop for small group plans online.

    December 2, 2013
  • CEI gets $5M from Goldman Sachs for small business loans

    November 25, 2013

    Goldman Sachs has announced plans to give $5.5 million to Coastal Enterprises Inc. to support loans to small businesses in Maine.

    November 25, 2013
  • New SEC rules could open equity options for Maine businesses

    Karin A. Gregory November 25, 2013

    For the first time, a startup entrepreneur can raise funds from perfect strangers without the usual introductions.

    Karin A. Gregory November 25, 2013
  • Internet raises stakes for trademark practice

    Lori Valigra November 25, 2013

    What would UPS be without its brown trucks, or Fenway Park without Fenway Green walls? Colors, names, packaging and logos all form a company's identity and a consumer's impression and recognition of it.

    Lori Valigra November 25, 2013
  • Small businesses delaying ACA compliance decisions

    November 21, 2013

    Many small businesses in Maine are renewing small group health care plans for employees before Jan. 1 to delay buying coverage in compliance with the Affordable Care Act, which are likely to carry higher premiums.

    November 21, 2013
  • Get the most from your accountant

    Alison Hinson November 11, 2013

    Fall brings brisk mornings, the smell of wood smoke and the niggling thought that you should schedule an appointment with your accountant to prepare for year-end taxes.

    Alison Hinson November 11, 2013
  • Qualey Granite & Quartz expanding to Portland

    November 7, 2013

    The Veazie-based Qualey Granite & Quartz is expanding its reach in southern Maine by opening a wholesale showroom and designer work room for its granite supply business in Portland’s Pine Tree Industrial Park.

    November 7, 2013
  • Aerox sees opportunity in aviation oxygen system retrofits

    Norm Bell October 29, 2013

    Lloyd Boston tightens the strap on the mask and takes a step back to check the fit for a potential client. He’s done it hundreds of times and knows that the right fit matters when the life-sustaining oxygen starts flowing.

    Norm Bell October 29, 2013
  • SEC wants to allow crowdfunding for investment

    October 28, 2013

    Federal regulators want to allow companies to raise up to $1 million in investment through crowdfunding sites like Kickstarter, which would create new financing opportunities for small businesses.

    October 28, 2013
  • How four old-school cos. beat changing times

    Craig Idlebrook October 28, 2013

    We've all heard stories of industries that implode in the digital age, causing many small businesses to close forever.

    Craig Idlebrook October 28, 2013

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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 $19 per hour by 2028. (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.