Small Biz trends

Microlenders aim to help businesses grow, survive

January 5, 2013
Andrea Muirragui Davis
Indiana has three certified, not-for-profit SBA microloan intermediaries, which not only make short-term microloans—as any lender can—but also use the SBA grants they receive to offer business coaching along with the financing.
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Small businesses share space to find efficienciesRestricted Content

October 27, 2012
Andrea Muirragui Davis
Popular waxing spa The Naked Monkey is set to open its third location Nov. 1—a “Mini Monkey” inside MDG Salon | Studio’s new space downtown. The independent businesses are sharing space to cut costs.
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Serial entrepreneur builds more than business

February 25, 2012
Andrea Muirragui Davis
Westfield resident Jenn Kampmeier is a CEO—that’s “chief everything officer” in the get-it-done world of startups—who prefers an even-loftier title: Mom.
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Extras help small firms boost business

January 14, 2012
Andrea Muirragui Davis
Small businesses like KnowSweat Workouts increasingly are adding products and services to keep revenue flowing during tight economic times.
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Classes emphasize connection between artists, entrepreneursRestricted Content

September 17, 2011
Andrea Muirragui Davis
Universities and other not-for-profits are ramping up business training for artists and art students—in the form of workshops, classes and counseling—in hopes of making “starving artists” a thing of the past.
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Wealthy local entrepreneurs hew to conservatism

April 23, 2011
Norm Heikens
Flashy displays of wealth seldom erupt in Indianapolis after an entrepreneur makes good, and they’re even more unusual now that the recession sobered even the most successful among them.
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Firms put off paying, despite easing financial pressure

January 29, 2011
Norm Heikens
The trend toward small businesses' delaying payments appears to have leveled off, but it's still unclear how soon—or even whether—receivables will return to the 30 days that was standard for most businesses before the recession began in December 2007.
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State entrepreneurship drags despite wealth of resourcesRestricted Content

September 11, 2010
Norm Heikens
What does Indiana have to show for the deluge of resources made available to would-be entrepreneurs in recent years—venture capital, angel investors, incubators and the like? Judging by the number of people taking the plunge into business ownership, not as much as might be expected.
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City still working on mayor's mandate to do more biz with veteransRestricted Content

June 26, 2010
Peter Schnitzler
Mayor Greg Ballard,a former Marine, has made some progress in the two years since he pledged his administration would purchase 3 percent of all city goods and services from veteran-owned businesses, but he remains far from his goal.
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Private companies struggle to raise funds once reaching critical massRestricted Content

May 29, 2010
Peter Schnitzler
Several Indiana companies are in a position, or soon will be, to launch an initial public offering. But don't expect a wave of new Indiana public companies. In the recession, with both revenue and profits down, companies may choose to wait until they have better numbers to report.
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New tax credits may boost jobs at some small companiesRestricted Content

April 24, 2010
Peter Schnitzler
Tasked with boosting Indiana’s economy following the Great Recession, the 2010 General Assembly tinkered at the edges by passing a handful of incentives meant to spur small-business growth.
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Obama's stimulus aims to boost access to small-biz loans

February 20, 2010
Peter Schnitzler
No incentive can make a bad deal bankable. But President Obama's stimulus measures are spurring some promising small businesses to begin borrowing again, despite the recession.
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Rising credit card fees eroding retailers' profits

January 23, 2010
Peter Schnitzler
Businesses say the money they must pay to provide customers the convenience to use plastic adds up. For example, Ricker Oil Co. paid a whopping $3.9 million in 2009, according President Jay Ricker.
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