What does a Certified Business Friendly Community that happens to be the second largest city in Aroostook County,with a population of a little more than 8,000 people have to offer you? A chance to expand your business. Caribou, Maine already has a number of franchise brands including Burger King, McDonald’s, Dunkin’ Donuts, Tim Horton’s, Subway, […]
Maine is one of the States Most Adversely Affected by the US Government Shutdown!
According to analysis by personal-finance site WalletHub,Virginia, Alaska, Alabama, District of Columbia and Maine are the five states most affected by the shutdown. In the past couple of years, the small businesses in the states listed above have had the highest rates of borrowing when it comes to SBA-guaranteed loans, according to WalletHub’s research. All […]
Franchisees Suffer as Shutdown Hurts Sales, Expansion Plans
Excerpts below are from an article written by Kate Taylor at Entrepreneur.com As the government shutdown drags on, some franchise owners have struggled with sales while others have been forced to put their expansion plans on ice. Last Thursday, Ron Putman was ready to serve 35,000 estimated attendees at the Miramar Air Show in San Diego. […]
Maine Lender to Support Small Business Owners
Bill Whitmore, who has operated franchised fitness centers, will offer financing and other business services. He has launched a new lending institution focused on providing commercial financing to the region’s entrepreneurs, franchise owners and small-business owners. Whitmore has operated and sold several Planet Fitness franchises in Maine, said in a news release that his latest […]