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Poll results

Sponsored by: OTELCO, a fiber internet provider

In the past two years, Maine has seen a fair number of businesses close or put up the For Sale sign. But we've also seen companies that, for various reasons, have found their stride in during the pandemic, possibly by offering a much-needed consumer product or service or pivoting to a new area of business. 

It seems like a given that if your business has survived today, you have some kind of growth in mind for 2022. Where will you invest your company's dollars? What's ahead in terms of growth? 

If you're investing in more than one area, choose the area that will get the most attention. 

How do you plan to invest in your company in 2022?
People: Salaries, signing bonuses, increased staffing (54%, 84 VOTES)
Equipment: Upgrades in technology or machinery (25%, 39 VOTES)
Marketing/advertising: Changes in branding and/or market outreach (10%, 15 VOTES)
Real estate: New HQ, expanded sites, improved locations (12%, 19 VOTES)
Poll Description

Sponsored by: OTELCO, a fiber internet provider

In the past two years, Maine has seen a fair number of businesses close or put up the For Sale sign. But we've also seen companies that, for various reasons, have found their stride in during the pandemic, possibly by offering a much-needed consumer product or service or pivoting to a new area of business. 

It seems like a given that if your business has survived today, you have some kind of growth in mind for 2022. Where will you invest your company's dollars? What's ahead in terms of growth? 

If you're investing in more than one area, choose the area that will get the most attention. 

  • 157 Votes
  • 3 Comments
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3 Comments

  • January 12, 2022

    With the employee crisis going on, the best investment will be automation since we need to make our current employees as efficient as possible. Machinery investments are tax-deductible, where more employees have more payroll taxes you pay. Hiring unskilled employees and paying top dollar for them is a fool's errand.

  • January 11, 2022

    Sadly our business thrives when other companies downsize or go out of business. Although, there has always a need for what we do, we've never been able to keep up. We are a non-profit and through a financial donation we're finally putting in "new" computers ( always had donated ones) and have rewired the building for them, hoping that an actual inventory system will be affordable and in place soon. We'd love to hire more staff but financially can't, especially with the emergency wage increases we've had to do the opposite. We'd love to open another site in the Bangor and we've never had the funds to market ourselves in 27 years.

  • January 10, 2022

    I think it would have been better to have the question so we could check all that apply. We will continue to invest in multiple areas listed and not just one. We have always tried to make sure we pay our people more than the going rates in Portland (even though we are not in Portland), invest in technology to ensure our people have the tools they need to do their jobs well and efficiently, always look to improve marketing and branding as well as the possibility of branching out to new locations. Investing in all of these areas ensures we will be around to continue to be a great employer for many decades to come.