Good People and Good Businesses, our stories from Maine

A small business index of learning companies:
  • Step 4: A Small Business Index of Growing Companies in Maine. It is all about sustainability. The goal is to have business owners fully understand their financials and business valuation so they successfully transfer ownership and keep their businesses alive beyond their working years. Many of these businesses will transfer ownership to a family member, others to a mangement team (which often begins by instituting an ESOP program), while some will be acquired through Mergers & Acquisitions (M&A). Some will go public through direct public offerings (DPO), possibly certifying and issuing a Small Corporate Offering Registration while others will do an IPO.

    Within this group, there will listings of those small businesses owners who have a qualified ESOP or SCOR programs and who have been recommended by their local Chambers, SBDC, or MPBC. ESOP / SCOR.  Small Business School works with state boards for accountancy (CPAs) and each of the State Securities Commissioners to help small business owners to understand their financials, key critical ratios (by industry type), equity and liquity models, and exit strategies (all major stumbling blocks to growth). We are encouraging all SBOs to work through the "compilation - review" mind set to a regular audit.


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