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In December 2014, Wilton voters agreed to designate much of downtown “slum and blight” to qualify for a Community Development Block Grant.
As business owners consider transition and liquidity options, there are typically three choices: sell to a strategic buyer, a financial buyer or an employee-management group.
Q. What to do when conflict shows its ugly face?
Officials are finding ways to leverage grant money to improve the infrastructure, including broadband networks, that will bring people back to the downtowns. Bringing in retailers is a priority, but so are attractions like kayak parks, farmers' markets and live music.
New hiresNAI The Dunham Group, a real estate firm in Portland, hired Sam LeGeyt as a member of its brokerage team. LeGeyt was previously a broker at Harnden Commercial Brokers.
With the election of Donald Trump to a second term as president, it seems likely that the United States will impose major new tariffs on imported goods and materials.
A tariff is a tax, of course — though not truly a sales tax, as it's been called. For American businesses and consumers, however, the effect could be the same.
Under Trump's plan, businesses would have to pay a tariff of 10% to 20% on anything they import, and as much as 60% on imports from China. Typically, such extra costs get passed along to customers in the form of higher prices.
When other countries retaliate with tariffs of their own on U.S. exports, the impact on prices is compounded.
The Peterson Institute for International Economics, a nonpartisan think tank, issued an analysis in September of what all this could mean.
Among the findings: "Assuming other governments respond in kind, Trump’s 10 percentage point increase results in U.S. real GDP that is 0.9 percent lower than otherwise by 2026, and U.S. inflation rises 1.3 percentage points above baseline in 2025."
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreFew people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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