Mainebiz

V O L . X X V I I I N O. X X V I I I N OV E M B E R 2 8 , 2 0 2 2 8 B U S I N E S S M A I N E B U S I N E S S M A I N E B U S I N E S S N E W S F RO M A RO U N D T H E S TAT E GorhamSavings.Bank/Believing Treadwell Franklin Infrastructure Capital LLC in Yarmouth announced that it acquired a minority interest in the shares of Biofine Developments Northeast Inc., a Maine-based biore- finery development company. Bar Harbor Bank & Trust said its em- ployees donated $13,000 to six North- ern New England nonprofit organi- zations through its charitable giving program, Casual for A Cause. Shelby and Andy Silvernail, along with their children Koster, Spencer and Alyssa, established the Silvernail Scholars program with an initial com- mitment of $2 million from the Silver- nail Foundation. Every year, up to 10 graduating seniors from Hancock Coun- ty public high schools will each receive up to $15,000 to support their post- secondary education program of study. U.S. Sens. Susan Collins and Angus King announced that the U.S. Navy awarded Bath Iron Works a $182 mil- lion contract modification to a previ- ously awarded contract for Planning Yard Services for the DDG-51 Class Guided Missile Destroyer program. The Maine Community Foundation in Ellsworth said its Welch Charitable Fund awarded a total of $285,641 to 21 orga- nizations that serve Greater Portland. Island Housing Trust in Bar Harbor received at $10,000 gift from Versant Power to support the purchase of heat pumps for its Jones March workforce housing project at the head of Mount Desert Island. Central Maine Power in Augusta do- nated $50,000 to Operation Reboot Outdoors, an organization in Turner that offers hunting and fishing trips to Veterans at no cost. MoshPlayLive Records opened at 13 Stockholm Road in New Sweden. A S K AC E A n s w e r e d b y T e r r y J o h n s o n o f P r a c t i c a l D e c i s i o n s Q: Between the Gig Economy and the Great Resignation many of my colleagues have started consulting practices. I'm seriously considering consulting myself. What would life be like? ACE Advises: As ACE's president this is a subject near and dear to my heart. There are any number of reasons to enter consulting: self-direction, living and working where and how you choose, working with a variety of clients, and a strong sense of service and purpose. Consulting can fulfill all of those personal objectives. However, you must be clear on why you want to consult; know what you want your consulting life to look like; rec- ognize that you are running a business and accept that you will have to do all the things that any entrepreneur would have to do to start, grow and manage a business. What that means is that you will spend time in a lot of different ways. You will deliver services for your clients. But you will also need to balance your time between service, finding clients, professional education, managing your finances and your risks, and creating marketing content. You will have to expand your personal network to include relationships with people who can complement your skills when needed. Consulting has extremely busy times and times where it is very difficult to find clients. But as your experience and reputation grows, even the lean times can be extremely rewarding. My personal goal is to be of service to anyone I choose to work with. My reward is to work on whatever my clients truly need. In turn they receive my full attention as they achieve their own goals. Terry Johnson, ACE president, runs Practical Decisions. He also manages the Maine Center for Entrepreneurs' Maine Mentor Network. He can be reached at terry@practicaldecisions.com. The Association for Consulting Expertise (ACE) is a non-profit association of independent consultants who value "Success through Collaboration." N O T E W O R T H Y C E N T R A L & W E S T E R N C E N T R A L & W E S T E R N N O T E W O R T H Y M I D C O A S T & D O W N E A S T M I D C O A S T & D O W N E A S T N O T E W O R T H Y N O R T H E R N & E A S T E R N N O R T H E R N & E A S T E R N

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