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The American Recovery and Reinvestment Act of 2009 (a.k.a. the stimulus act) could have unexpected consequences for Maine businesses.
These are trying times for businesses in need of financing. Creativity is critical in this economy for every business owner, even when it comes to drumming up money.
Grim economic news haunts the headlines week after week. With corporate profits lagging and unemployment rising, my knee-jerk instinct as a business owner is to conserve cash at all costs. My “panic brain” wants to hold off on all spending.
In every workshop I conduct and during every presentation I give, I get around to talking about Job One of the manager: setting expectations and holding employees accountable.
Limited liability companies have taken the business-legal world by storm over the past decade. In recent years, more businesses have chosen LLCs rather than corporations as their legal structure in Maine.
Dow Jones down 777 points in one day. Bear Stearns and Lehman Brothers close their doors. Washington D.C. passes the mother of all bailouts.
As the nation struggles through a rough patch that has already bruised the construction industry, the answer to meeting these new challenges in Maine may lie in our local workforce.
Delivering health care to Maine residents is a complex task.
Rep. Tom Allen
Democratic challenger for the U.S. Senate
It is often said that we all talk about the weather, but nobody does anything about it. As we all take a few moments to enjoy the dog days of summer, the construction industry is moving with a sense of great urgency and purpose.
No one knows what the future will bring. The universe unfurls in its private chaotic majesty. If we can't know what will happen, we can make educated guesses about how it will get there.
Maine business owners know New England's energy prices are some of the highest in the nation. And recent decisions by federal and regional policy makers threaten to tip the scales even further against Maine.
I recently got a call from a customer, the president of a large manufacturing firm, who just wanted some simple answers about the electricity business.
In northern Maine, unlike many other areas of the state, tourism has traditionally played a smaller role in the economy than other natural resource-based sectors such as agriculture and forestry.