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SBDC helps at start up and expansion
PRESQUE ISLE - In a little more than two years The Cubby Thrift Store has grown to include two locations, the original store in Caribou and now a new location in Presque Isle, and owners Cindy and Chris Johnson are looking to expand further. The Cubby is more than just business; it's also a philosophy of caring and that's why The Cubby Fund was also created. "There is a lot of need and we work hard with our foundation to help children with life threatening illnesses," said Chris Johnson, who owns The Cubby with his wife Cindy.  | |
Owners of The Cubby Thrift Store, from left, Chris and Cindy Johnson discuss the recent move of their Presque Isle location with NMDC's Rod Thompson.
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Before the foundation or the stores there was a plan, which benefited from assistance of the Small Business Development Center (SBDC) at Northern Maine Development Commission (NMDC). Rod Thompson is the director of the SBDC. "Initially they came in with a business plan about half complete," said Thompson. "We worked on completing their business plan, going through checklists and reworking their mission statement because I thought it was so great." "They were a good coaching tool for us. We had a definitive goal in mind and they provided a great sounding board for us," Mr. Johnson said. "It was also nice to have someone review our plan to let us know if we were on the right track," added Mrs. Johnson. Once the business plan and mission statement were completed, Thompson focused on marketing and inventory access and control. "Within a few weeks I also gathered a list of possible donors and forwarded it to Cindy and Chris," said Thompson. Starting a small business can be a daunting task and the SBDC can be a valuable resource for entrepreneurs, but that is only a first step. The Johnsons said the potential business owner also needs drive. "When you make a decision and you decide to step through your businesses door, it no longer becomes I hope, but I will," Mr. Johnson said. The Cubby's newest location on Main Street in Presque Isle, near Big Cheese Pizza, more than doubles the square footage of the previous location on State Street. Mr. Johnson said the expansion is a bonus, not just for the business but also the foundation. Since it was started more than $18,000 has been donated. In addition to the stores at 40 Sweden Street in Caribou and 240 Main Street in Presque Isle, the Johnsons hope to expand to the St. John Valley and Houlton area. More information about The Cubby Thrift Store and The Cubby Fund can be found on their Facebook page. Thompson encourages anyone who is thinking about starting a business or an ongoing business that may need some assistance in a specific area, like market research, marketing or operations, to get in touch with the SBDC. More information is available at www.mainesbdc.org, www.nmdc.org or by contacting Thompson at (800) 427-8736. SBDC is a partnership program of the U.S. Small Business Administration, the Maine Department of Economic and Community Development, the University of Southern Maine and NMDC. |