Small Business

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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Utility-locating service Blood Hound grows quicklyRestricted Content

September 26, 2009
Brock Benefiel
Brownsburg company Blood Hound Inc.is adding offices and revenue is booming.
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Indianapolis lands 2013 men's NCAA regional

September 21, 2009
 IBJ Staff and Associated Press
Indianapolis has been selected to host a regional round of the 2013 NCAA men's basketball tournament, the NCAA announced today.
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Region's expertise in hybrid cars goes beyond high-profile players

September 5, 2009
Chris O'Malley
Bright Automotive and EnerDel are well known for their development of components for hybrid cars, but the region has several other players poised to be big players in the sector. In fact, few realize that North America’s largest producer of electric motors for hybrid vehicles is based northeast of Indianapolis, in Pendleton.
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Economy pushes executives into small firms

August 29, 2009
Peter Schnitzler
In the recession, folks with former big-company careers are increasingly taking jobs with small businesses. For some downsized executives, it’s about the desperate need for a paycheck. Others, who felt impotent and pigeonholed in corporations, discover they prefer the challenge of entrepreneurship.
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Real estate firm launches in rough watersRestricted Content

August 29, 2009
Kim Puckett
Business partners Dan Adams and Bob Harton left a real estate franchise to start an agency of their own.
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MARKETING: Why Discount Tire gets my vote, again and againRestricted Content

August 29, 2009
Lorraine Ball
There are plenty of “low-tech” companies exploring ways to build social media into their marketing strategies with outstanding results.
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Fishers biz grows from dog-walking to full-service pet careRestricted Content

August 29, 2009
Marc D. Allan
Cristi Melson started Purrs & Gurrs 2-1/2 years ago with an idea and some fliers she distributed door to door. She didn’t have a formal business plan then and still doesn’t.
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Barrington Jewels sparkles despite economic downturnRestricted Content

August 29, 2009
Riya V. Anandwala
The recession has put the squeeze on many retailers, but fine jewelry is an exception, at least at Barrington Jewels. Owners Goel and Mitra Ahdoot are seeing their business flourish.
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SBA loan approvalsRestricted Content

August 29, 2009
 IBJ Staff
SBA loan guarantees for the month of July.
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Dodson Group hit crisis mode after trusted CFO suspected of theftRestricted Content

August 24, 2009
Peter Schnitzler
At first, small-business owner Jim Dodson figured the problem must be a technical glitch. During a routine analysis of aging unpaid invoices last September, one of his employees couldn’t tie the latest figures to the company’s ledger. Accounts receivable for his company, the Dodson Group, had been overstated by $2.7 million—double their true value. And $422,539 was missing from the firm’s coffers.
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Orr fellows finding opportunity in male-dominated tech industry

August 10, 2009
Jo Ellen Meyers Sharp
Many young women who have participated in the Governor Bob Orr Indiana Entrepreneurial Fellowship program have landed at high-flying local technology firms.
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Emerging life sciences companies grabbing more in government grantsRestricted Content

August 10, 2009
Chris O'Malley
More emerging life science companies have found life in the form of federal Small Business Innovation Research grants.
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Brownsburg car detailer lands link to upcoming movie

August 10, 2009
 IBJ Staff
Mike Shumaker's Brownsburg firm Driven Auto Detail spiffed up a Porsche for the upcoming movie "Whistleblower," starring Matt Damon.
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Downturn provides opportunity for restaurants hungry for expansionRestricted Content

August 3, 2009
Cory Schouten
The economic slump is giving independent local restaurants a shot at prime locations that in good times would be snapped up by chains.
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Arts festivals feel financial pinchRestricted Content

August 3, 2009
Kathleen McLaughlin
Art-show organizers are getting creative to keep their events alive as they struggle to attract sponsors and participating artists.
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Seniors are nation's fastest-growing group of entrepreneursRestricted Content

July 27, 2009
Peter Schnitzler
For four decades, Jim Ashby worked as a manufacturing floor manager, first for General Motors Corp., then, after a buyout, for an Ingersoll Rand subsidiary. He likes to relax and fish, but Ashby considers himself too energetic for retirement. He’s now 67 years old. And a first-time entrepreneur.
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Candle company cooks up products with a 'green' twistRestricted Content

July 27, 2009
Kim Puckett
After working in retail management for four years, Rich and Jodi Scheve decided to take business into their own hands—and their own garage. Passing on business plans for Subway and South Bend Chocolate Co. franchises, the couple skirted heavy franchise fees and started Twisted Wick Candle Co.
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Consultant helps clients learn how to manage spaceRestricted Content

July 27, 2009
Ashley Odle
MoveSmart LLC works with business clients looking to make better use of their space, helping to design, furnish and adapt their offices for maximum efficiency.
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