Resources Database

University of Maine Cooperative Extension provides small-business education for Maine people. Workshops and business management publications cover a variety of business-related topics, including: marketing, pricing, financial management, Internet marketing, record keeping, and customer service.

The business plan features include short & long-term budget projections & tracking, financial projection and analysis tools, monthly cash flow projections, costs of production analysis, profitability analysis, sensitivity analysis, and breakeven analysis. The production plan offers short & long-term production projections & tracking data-based growth projections, monthly sales planning & tracking, and a production calendar. If you are interested in setting up a business plan, please reach out to Christian at [email protected].

This first-of-its-kind Maine Aquaculture Industry Financial Benchmarking report presents results from the calculation of a series of benchmarks designed to serve as guidance for prospective Maine shellfish and seaweed producers for use in their business planning, as well as by lenders in the evaluation of loan applications.

Guidance on the five steps to form an LLC; chose a name, find a registered agent, file certificate of formation, create an operating agreement, and get an EIN.

An overview of oyster production techniques including nursery and husbandry, common gear used, and oyster biology.

This report is based on the research priorities survey conducted in June 2019 of Maine’s aquaculture community and is compared with surveys from 2012 and 2016 to look at trends. There have been some changes in the prioritization of needs since 2016, but many of the same research, development, and education (R&D&E) needs persist and remain unaddressed. As expected, there are different R&D&E priorities for different aquaculture sectors.

Writing a strong business plan is important for any company as it provides a roadmap to success. The most important reason for writing a solid business plan is that it demonstrates to investors, financial institutions, and other lenders that you have a cohesive vision for your company.

A data-driven, quantitative market assessment that informs industry leaders and business owners about the potential scale and scope of markets for farmed shellfish and to facilitate strategic growth in the industry.

Provides a summary of direct and indirect environmental factors that may affect your site selection for your marine aquaculture business.

Good husbandry is critical to success and this gives a general overview of its importance.

Reviews the keys to running a successful business; the four P's of marketing, wholesale distributors, risks, and sales.

A study the researched and inventoried the seasonality, sources, and market utilization of locally produced seafood within the state and help educate food consumers at many different levels about the opportunities for gaining access to Maine seafood.

Questions to ask when beginning to consider different overwintering oysters options.