Micro-enterprises account for nearly 83% of all business establishments in Maine and for nearly 11% of all reported sales. The proportion of micro-enterprises to all businesses in Maine is fairly equal among our closest New England neighbors and the United States. However, as a percentage of total sales, Maine’s micro-businesses rise well above the national rate of 7.5%.
Micro-enterprises account for nearly 90% of all businesses in Franklin County. These are businesses with 4 or fewer employees and include businesses with no employees (owner-operators or self-employed).
It is clear that small and home-based businesses are a vital part of Maine’s economy, and to a somewhat larger degree, the economy of Franklin County. To assist Franklin County’s entrepreneurs, the University of Maine Cooperative Extension’s Franklin County Office will be conducting a free workshop series for small and home-based businesses in November.
If you are thinking about possibilities or have recently started a small or home-based, the three part series “Starting a Home Based Business: Steps to success” is designed for you. Participants are encouraged to register for the entire three part series. All sessions are held at the Forster Memorial Building on Main Street in Strong.
Part I, Tuesday, November 18 from 6:00 – 9:00 PM “Starting Your Own Business: Planning for Success.” Learn about a business plan from Cooperative Extension’s Business and Economics Specialist Jim McConnon. Explore important questions to consider about yourself, your business idea, potential customers and the competition before moving ahead.
Part II, Thursday, November 20 from 6:00 – 900 PM “Understanding Your Market” Explore tips and strategies for conducting your own practical market research. Specialist Jim McConnon will help you plan how to access and use the information to target your customers in creative ways.
Part III, Tuesday, November 25 from 6:00 – 8:30 PM “Resources for a Growing Business” Explore the options and sources of good information, advice, and financing for small business. Connect with a panel of knowledgeable resource people from area business assistance agencies.
Space is limited and registration is required by Friday, November 14. For more information or to register, call 778-4650 or 1- 800-287- 1478. This is a free workshop offered by the University of Maine Cooperative Extension and is being hosted by the Strong Advancement Committee. Refreshments will be provided
The University of Maine Cooperative Extension provides equal opportunities in programs and employment. Individuals who need special accommodations to participate are asked to call at least one week in advance.
