Title

A look at how several new business owners are modernizing the older companies th

Authors

Whit Richardson

Source

Mainebiz

Date

11-26-2007

Pages

1, 14-16

Abstract

A look at how several new business owners are modernizing the older companies they bought. Kris Cornish acquired Drapeau's Costumes of Maine in Lisbon Falls and created a Web presence as well adding a computer and other technology. She has increased sales by 20 percent. Mike Cote turned around Look's Canning Co. in Whiting, now known as Look's Gourmet Food, producing Bar Harbor and Atlantic brand products and increasing output from 10 cans to 60 cans a minute. Jeff Johnson acquired The Paint Pot in Portland and is updating its technology while trying to maintain its excellent customer service. Andrew Broskie bought New Dimension Homes of Clinton last year and increased sales by 100 percent. With details on the sacrifices required to turn around old businesses and 10 turnaround tips.

Subjects

Entrepreneurs, Marketing

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