Small Business

Eco-friendly downtown supply store closes

June 9, 2011
Chris O'Malley
Green Way Supply, a pioneering green construction products store, has gone out of business, but one of its partners is planning a new building supply store with mix of green and traditional products.
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WOJTOWICZ: Relief available for firms with falling real estate values

June 3, 2011
Jean Wojtowicz
New law allows banks to refinance existing real estate and equipment debt through the U.S. Small Business Administration 504 loan program.
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Family has steely plan for shifting business to next generationRestricted Content

May 28, 2011
Norm Heikens
Westfield Steel owners Karyn and Fred Prine are well on the way to transitioning to the next generation—son Fritz—thanks to timely planning.
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Slow economy grinds on long-time sausage maker ClausRestricted Content

May 28, 2011
Gabrielle Poshadlo
Claus Muth has a proud heritage of making specialty meats, but now he faces circumstances that stand to threaten his south-side business: family-owned Claus' German Sausages and Meats.
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Ingredients in place for plethora of Hoosier IPOsRestricted Content

May 28, 2011
Greg Andrews
Some Indiana firms are adding management and board firepower—moves likely to help them win over investors should they move ahead with public offerings.
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Rise of machines bodes well for tech firm Mesh SystemsRestricted Content

May 28, 2011
Chris O'Malley
The founder of Mesh Systems, a company that develops wireless “machine-to-machine” communications software and hardware, says his products have countless applications. Earlier this month, Mesh closed on a $2.5 million private placement from investors in Indiana and Wisconsin.
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INSIDE DISH: Mexican mainstay puts second spot on front burner

May 27, 2011
Mason King
LaMarg_WatchVideoAfter 25 years at La Margarita, stabilizing sales and surviving family tragedy, owner Lori Rangel-Grubbs is branching out to Fountain Square.
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Indianapolis entrepreneurs rescue Choc-Ola from oblivion

May 21, 2011
Cory Schouten
The chocolate beverage Choc-Ola, launched in the 1940s and pitched to a generation of fans in the 1970s by Cowboy Bob on WTTV-4, is hitting store shelves again. South-side entrepreneurs Dan Iaria and Joe Wolfla are leading its comeback, landing an 18-state distribution deal.
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SHEPHERD: Credit cards hurting too many businessesRestricted Content

May 21, 2011
Connie Shepherd
Expensive personal credit undermines credit scores and ultimately the odds of more traditional lending.
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Credit unions gun for more traditional bank business

May 21, 2011
Francesca Jarosz
A push by credit unions for more leeway with small-business lending is fueling an old fight with their banking rivals.
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Frozen yogurt hot item on local retail sceneRestricted Content

May 21, 2011
Marc D. Allan
Frozen yogurt businesses are sprouting up all over the Indianapolis area, with owners hoping to cash in on the public’s appetite for what they perceive as a healthy treat.
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City's last independent map retailer set to fold

May 19, 2011
Scott Olson
Odyssey Map Store in downtown Indianapolis will close Aug. 31 after a 27-year run. The owners attribute the closing to the proliferation of GPS devices and smart phones.
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Franciscan Alliance takes control of VNS home health agency

May 19, 2011
J.K. Wall
Visiting Nurse Service Inc., a 200-employee agency based in Indianapolis, will operate under the umbrella of Franciscan St. Francis Health, the organizations announced Thursday.
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City proposes stricter towing rules

May 18, 2011
A proposed ordinance would crack down on "predatory" towing practices by requiring tow-truck operators to adhere to several rules meant to protect consumers.
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Ratio finishing City Market design work

May 17, 2011
Scott Olson
The architectural firm is set to be awarded a $120,000 contract to complete the work after the original designer of the renovations, Woollen Molzen and Partners Inc., disbanded last month.
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Fountain Square project to include concert venue

May 17, 2011
Tom Harton
The new owner of a 110-year-old building in the heart of Fountain Square is planning a renovation and expansion that will turn it into a restaurant, bar and 450-seat music hall called Pioneer.
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City slow to spend $29M in federal funding for neighborhoodsRestricted Content

May 14, 2011
Francesca Jarosz
Indianapolis has lagged in making payments to not-for-profit developers executing a huge federal program to rehab neighborhoods, putting a strain on those groups and setting the city behind in spending its share of the money.
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Retail, eateries planned for Keystone office areaRestricted Content

May 14, 2011
Cory Schouten
A local developer’s $12 million project is transforming a four-story office building and five acres of surface parking lots adjacent to The Fashion Mall at Keystone into a new retail and restaurant destination.
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INSIDE DISH: Monon restaurant gets lesson in shifting gears

May 13, 2011
Mason King
Dish_monon_watch_videoTim Williams learned to make big changes on the fly during the first year of his fledgling Broad Ripple eatery, including scrapping counter service, adding a wait staff and revamping the menu.
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New Fountain Square brewery shoots for August opening

May 12, 2011
Cory Schouten
The owners of a new microbrewery in Fountain Square, slated to open by mid-August, plan to differentiate the business by focusing on the "convergence of art and science" in brewing.
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Event promoter Compton teams with high schools to raise moneyRestricted Content

May 7, 2011
Anthony Schoettle
Proceeds from tribute-band concerts go to athletic programs, music departments and other school offerings that have lost funding.
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LEADING QUESTIONS: Fast-growing firm handles ascent

May 4, 2011
Mason King
LQ_Meyer_watch VideoMichele Meyer, a former Air Force brat, piloted CSCI Consulting to 850 percent revenue growth over four years. So, why is her advice to "start small"? What obstacles await when a firm takes off?
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Kitchen incubator celebrates graduation of first user

May 4, 2011
Avec Moi, a company that prepares meals to go, is moving to a permanent home at 701 E. 62nd St. In recognition of the event, the city of Indianapolis awarded Indy's Kitchen a $17,000 grant.
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Business groups say legislative session among best

May 2, 2011
Francesca Jarosz
Victories include a reduction in corporate income taxes, an overhaul of the state’s unemployment insurance system, and the weakening of an immigration bill that initially resembled a controversial Arizona law.
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Watchmaker has a flair for precision

April 30, 2011
Sean Morrison
Bill Rostiser has practiced watchmaking for more than half of his life. At 60, he has worked 38 years at Windsor Jewelry just south of Monument Circle. During that time, he watched the downtown area flourish, along with the business.
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