Small Business

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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INSIDE DISH: 'Diners' TV spot boon and bane for Jersey's Cafe

April 29, 2011
Mason King
Dish_Jersey_watch_videoAfter a massive spike in traffic sparked by a Food Network show, owner Blair Laing must deal with food shortages, employee departures and long waits for patrons.
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Pet website enables owners to book kennels

April 23, 2011
Scott Olson
Indianapolis startup looks to become the Expedia of pet travel.
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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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Indy Chamber will award cash prizes to businesses that tell of challenges overcome

April 23, 2011
 IBJ Staff
A panel of judges, including Hoosier native, former NBA player and entrepreneur Jon McGlockin, will select three winning entries.
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Indianapolis angel investors land at Flagship Enterprise Center in Anderson

April 23, 2011
 IBJ Staff
Capital from members of StepStone Angels could fund business incubator's tenants.
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Pop-up retailers emerging in Indianapolis

April 16, 2011
Marc D. Allan
With the retail vacancy rate hovering around 13 percent locally and nationally, temporary retailers are becoming a fact of life in malls, strip malls and downtowns around the country.
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Companies seek equity in return for services to startupsRestricted Content

April 16, 2011
Francesca Jarosz
A crop of Indianapolis companies is embracing the practice of developing and marketing products for startups in exchange for an ownership stake.
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  1. Socialized medicine works great for white people in Scandanavia. It works well in Costa Rica for a population that is partly white and partly mestizo. I don't really see Obamacare as something aimed against whites. I think that is a Republican canard designed to elicit support from white people for republican candidates who don't care about them any more than democrats care about the non-whites they pander to with their phony maneuvers. But what is different between Costa Rica nd the Scandanavian nations on one hand and the US on the other? SIZE. Maybe the US is just too damn big. Maybe it just needs to be divided into smaller self governing pieces like when the old Holy Roman Empire was dismantled. Maybe we are always trying the same set of solutions for different kinds of people as if we were all the same. Oh-- I know-- that is liberal dogma, that we are all the same. Which is the most idiotic American notion going right back to the propaganda of 1776. All men are different and their differences are myriad and that which is different is not equal. The state which pretends men are all the same is going to force men to be the same. That is what America does here, that is what we do in our stupid overseas wars, that is how we destroy true diversity and true difference, and we are all as different groups of folks, feeling the pains of how capitalism is grinding us down into equally insignificant proletarian microconsumers with no other identity whether we like it or not. And the Marxists had this much right about the War of Independence: it was fundamentally a war of capitalist against feudal systems. America has been about big money since day one and whatever gets in the way is crushed. Health care is just another market and Obamacare, to the extent that it Rationalizes and makes more uniform a market which should actually be really different in nature and delivery from place to place-- well that will serve the interests of the biggest capitalist stakeholders in health care which is not Walmart for Gosh Sakes it is the INSURANCE INDUSTRY. CUI BONO Obamacare? The insurance industry. So republicans drop the delusion pro capitalist scales from your eyes this has almost nothing to do with race or "socialism" it has to do mostly with what the INSURANCE INDUSTRY wants to have happen in order to make their lives and profits easier.

  2. Read the article - the reason they can't justify staying is they have too many medicare/medicaid patients and the re-imbursements for transporting these patient is so low.

  3. I would not vote for Bayh if he did run. I also wouldn't vote for Pence. My guess is that Bayh does not have the stomach to oppose persons on the far left or far right. Also, outside of capitalizing on his time as U. S. Senator (and his wife's time as a board member to several companies) I don't know if he is willing to fight for anything. If people who claim to be in the middle walk away from fights with the right and left wing, what are we left with? Extremes. It's probably best for Bayh if he does not have the stomach for the fight but the result is no middle ground.

  4. JK - I meant that the results don't ring true. I also questioned the 10-year-old study because so much in the "health care system" has changed since the study was made. Moreover, it was hard to get to any overall conclusion or observation with the article. But....don't be defensive given my comments; I still think you do the best job of any journalist in the area shedding light and insight on important health care issues.

  5. Probably a good idea he doesn't run. I for one do not want someone who lives in VIRGINIA to be the governor. He gave it some thought, but he likes Virginia too much. What a name I cannot say on this site! The way these people think and operate amuses me.

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