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Paycheck Protection Program

The Maine Economic Recovery Grant program will present as much as $one hundred,000 to Maine-primarily based businesses and nonprofits with up to 50 staff. Small businesses had been hit hard by a state-mandated shutdown this spring and subsequent restrictions that have helped curb the spread of COVID-19 in Maine, but led to low gross sales and cautious clients. , the all-in-one CRM, gross sales and advertising platform for rising service businesses, because most small businesses need to begin simple and grow over time.

The firm, primarily based in Indianapolis, is investing in 3D printing in order to streamline tooling and fixture development whereas reducing lead occasions. The 20 manufacturers receiving grants characterize sixteen Indiana counties and canopy a variety of specialties, together with automotive, aerospace and protection, machinery and building, furniture and home products, and well being care and medical. Together, these businesses plan to invest greater than $8.2 million in expertise and equipment to place their businesses for future growth by growing capability and modernizing operations. One method you can decide how a lot money you need is to carry out a break-even analysis.


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For-revenue businesses that were not required to submit a plan, corresponding to dentist workplaces and different medical facilities, should do so to qualify for funding. Businesses in sectors that aren’t but cleared to open by the state should still be eligible for funding. Contact Economic Development at or[e-mail protected]for more data.

Recent blogging statistics present that tens of thousands of bloggers (together with yours really) are creating profitable content on matters as various as scrapbooking, residence cooking, journey, movie, lifestyle, business, personal finance and extra. And extra individuals are rising their blogs into six-determine businesses because of a combination of e-mail subscribers, online marketing, blog sponsorships, and different revenue streams. With how many business ideas already exist out on the earth, it may be troublesome to come up with the best side business thought you should be spending your time on. A Reopening Plan outlines website-specific measures a business will put in place to limit unfold of COVID-19 and defend employees, customers and the group at-massive.

This is a vital component of monetary planning that helps business house owners determine when their firm, product or service might be profitable. The greatest small businesses have products or services that are differentiated from the competitors. This has a big impact on your competitive landscape and permits you to convey distinctive worth to potential clients. A information to conducting market analysis can be foundon our sister site,