Small Business

Women's Fund sets $20 million goal for endowment

April 10, 2010
Kathleen McLaughlin
The Women's Fund of Central Indiana recently completed an endowment drive that raised $7 million, making the endowment one of the largest of its kind in terms of assets.
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Entrepreneurs lose clout as VC funds get stingier

March 27, 2010
Scott Olson
Most local venture funds are standing pat because the economy is weak and they’re no longer in fund-raising mode. Having invested most of their funds, the firms have shifted to the nurturing, or “harvesting” stage, to try to improve investment returns.
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Sweet Things keeps same flavor with new ownerRestricted Content

December 26, 2009
Tawn Parent
Candy store on north side of Indianapolis changes hands, but new owner Cassandra Schuchman keeps chocolate recipe intact. The shop has stores at North Willow Mall and River Crossing.
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Barber shop thrives on retro appealRestricted Content

November 28, 2009
Brock Benefiel
Brownsburg's Everyday Joe's Barber Shop offers personal touch and a retro look.
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WOJTOWICZ: Is it time to buy rather than lease space?Restricted Content

November 28, 2009
Jean Wojtowicz
Buying a building for your business is still possible in a tight lending market, but bankers will review real estate purchases carefully.
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SBA loan approvals - October 2009Restricted Content

November 28, 2009
 IBJ Staff
SBA loan approvals for the Indianapolis area for October 2009.
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AccuPay Payroll expands in a down economyRestricted Content

November 28, 2009
Brock Benefiel
AccuPay Payroll in Indianapolis has expanded while competing against larger, national competitors like New Jersey-based Automatic Data Processing and New York-based Paychex.
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Entrepreneur parlays love of cars into successful media companyRestricted Content

November 28, 2009
Anthony Schoetle
Donnie Babb's Gauge Media Group started in his basement at tortoise speed but now churns out $2 million in sales with a staff of nine full-time and 15 part-time employees.
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Bringing self-publishing to the classroomRestricted Content

November 28, 2009
Riya V. Anandwala
Professor Textbook aims to bring self-publishing to college campuses by helping professors publish their own textbooks.
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24 percent of 46201 residents are below poverty levelRestricted Content

November 28, 2009
 IBJ Staff
Indy Partnership analyzed data derived from the American Community Survey, the 2000 U.S. Census and the 2005 U.S. Census Business Patterns Report.
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Small businesses changing hands despite recession

November 28, 2009
Peter Schnitzler
Even in recession, entrepreneurs buy and sell local small businesses. Plenty of Indianapolis-area companies are for sale.
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Scott Watanabe looks to transform digital textbooksRestricted Content

November 14, 2009
J.K. Wall
Watanabe, son of the late Eli Lilly and Co. scientist, has hired investment bankers to help raise $10 million for his business, Encompass Media.
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Former Smith-Holden Music employees open new Bloomington store

November 7, 2009
 IBJ Staff
Two key employees of the recently closed store in downtown Bloomington have opened their own venture, Melody Music Shop.
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LEADERSHIP: Use objective measures to evaluate employeesRestricted Content

October 24, 2009
CJ McClanahan
To improve the productivity of your management team, it’s critical to have an objective plan for measuring performance. That means clear job descriptions, goals, and key performance indicators to track progress.
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Software firm eImagine grows on military contractsRestricted Content

October 24, 2009
Brock Benefiel
eImagine, an Indianapolis software developer, has seen a 218-percent increase in revenue in large part due to work in the public sector, including a major contract for the U.S. army.
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PickyList helps small businesses market themselves onlineRestricted Content

October 24, 2009
Gabrielle Poshadlo
Startup online marketing firm PickyList is bringing the Twitter/Craigslist concept local, and helping small businesses use social networking and online branding.
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Marketing firm Brandwidth helps clients with online brandingRestricted Content

October 24, 2009
Brock Benefiel
Firm combines traditional marketing, Web technology to help companies build successful brands. Measurable results help companies document effectiveness.
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Debt collectors try soft approach

October 24, 2009
Peter Schnitzler
Recession forces entrepreneurs to rework bills. Cracking down on small businesses doesn't help bills get paid faster.
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Local lenders support small-biz loan initiative

October 22, 2009
Scott Olson
Small business lenders in Indianapolis are supporting a proposal announced by President Obama Wednesday that would increase the size of government-backed loans.
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Funding cut jeopardizes popular Indiana Artisan programRestricted Content

October 17, 2009
Anthony Schoettle
A state-run program aimed at boosting business for local artisans—ranging from painters to syrup makers—and turning them into a draw for tourists is in jeopardy because of dramatic funding cuts.
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Local Better Business Bureau names new leader

September 28, 2009
William J. Thomas has been named president of the Better Business Bureau of Central Indiana, the organization announced Monday.
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Real estate marketer launches 4 Walls Etc. from homeRestricted Content

September 26, 2009
Brock Benefiel
Startup real estate firm specializes in marketing, digital floor plans and site plans.
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Elwood rock store expands inventoryRestricted Content

September 26, 2009
Marc D. Allan
Spencer Lapidary expands offerings to include stained glass and silver.
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Bartering booms during recession

September 26, 2009
Peter Schnitzler
In a recession, cash is a commodity few small businesses can spare. That’s why more businesses are trading goods and services without exchanging cash.
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SBA loan approvalsRestricted Content

September 26, 2009
 IBJ Staff
SBA loan guarantees for the Indianapolis area for August 2009.
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  1. I took Bruce's comments to highlight a glaring issue when it comes to a state's image, and therefore its overall branding. An example is Michigan vs. Indiana. Michigan has done an excellent job of following through on its branding strategy around "Pure Michigan", even down to the detail of the rest stops. Since a state's branding is often targeted to visitors, it makes sense that rest stops, being that point of first impression, should be significant. It is clear that Indiana doesn't care as much about the impression it gives visitors even though our branding as the Crossroads of America does place importance on travel. Bruce's point is quite logical and accurate.

  2. I appreciated the article. I guess I have become so accustomed to making my "pit stops" at places where I can ALSO get gasoline and something hot to eat, that I hardly even notice public rest stops anymore. That said, I do concur with the rationale that our rest stops (if we are to have them at all) can and should be both fiscally-responsible AND designed to make a positive impression about our state.

  3. I don't know about the rest of you but I only stop at these places for one reason, and it's not to picnic. I move trucks for dealers and have been to rest areas in most all 48 lower states. Some of ours need upgrading no doubt. Many states rest areas are much worse than ours. In the rest area on I-70 just past Richmond truckers have to hike about a quarter of a mile. When I stop I;m generally in a bit of a hurry. Convenience,not beauty, is a primary concern.

  4. Community Hospital is the only system to not have layoffs? That is not true. Because I was one of the people who was laid off from East. And all of the LPN's have been laid off. Just because their layoffs were not announced or done all together does not mean people did not lose their jobs. They cherry-picked people from departments one by one. But you add them all up and it's several hundred. And East has had a dramatic drop I in patient beds from 800 to around 125. I know because I worked there for 30 years.

  5. I have obtained my 6 gallon badge for my donation of A Positive blood. I'm sorry to hear that my donation was nothing but a profit center for the Indiana Blood Center.

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