Small Business

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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Business incubation expert teaches best practices in Asia

October 17, 2009
 IBJ Staff
When he oversaw Indiana University’s Advanced Research and Technology Corp., the school’s business incubation and technology transfer program, Mark Long helped dozens of local startups get off the ground. Now, as head of his own business incubation consultancy, Long is making a name for himself overseas.
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My Health Care Manager lands $3 million investmentRestricted Content

October 10, 2009
Peter Schnitzler
The company, which guides working adults and their parents through the maze of decisions and agencies involved in care for seniors, plans to use the money primarily to augment its sales staff and operations.
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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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SBA loan approvalsRestricted Content

September 26, 2009
 IBJ Staff
SBA loan guarantees for the Indianapolis area for August 2009.
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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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Sisters start new trucking firm

September 26, 2009
 IBJ Staff
Two former executives of Carmel-based Performance Marketing Group have launched Rapid Freight Solutions.
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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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This year's Indy Jazz Fest to focus on music puristsRestricted Content

September 12, 2009
Kathleen McLaughlin
Indy Jazz Fest’s new promoters are taking a bold step with an already-risky venture. They’re turning the 10-year-old event into one for jazz purists.
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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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Art-gallery operators opening new spaces on Mass AveRestricted Content

September 5, 2009
Kathleen McLaughlin
The launch of two new gallery ventures come on the heels of the closing of one of the city’s most well-established fine contemporary art spaces, Ruschman Gallery.
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Neighborino LLC rolls out software for homeowners associations

September 5, 2009
 IBJ Staff
Upstart software company rolls out software that enables homeowners’ associations to create community Web sites without technical assistance.
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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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Two businesses open at Flagship Enterprise Center

August 29, 2009
 IBJ Staff
The Anderson-based Flagship Enterprise Center is on a roll. In the last two months, the small-business incubator and growth-stage accelerator signed up two new clients: software developers Soveryn Inc. and Coeus Technology.
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Venture firms recapitalize Advanced Physical Therapy LLC

August 29, 2009
 IBJ Staff
Locally based venture capital firms Cardinal Equity Partners and Centerfield Capital Partners have joined with Chicago-based bank Harris NA to recapitalize the state’s largest independent physical therapy provider.
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Handmade chocolates shop opens location in Chase Tower

August 24, 2009
 IBJ Staff
Best Chocolate in Town is expanding beyond its original store on Massachusetts Ave.
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INpact Medical Device Network matches start-ups with service providersRestricted Content

August 24, 2009
Chris O'Malley
Industry groups in the life sciences, medical and information technology realms have helped lure companies to the region and foster upstarts. Funding is almost always an issue, but it’s not the only barrier. Getting medical devices to market often requires product design, development and marketing resources that aren’t always apparent to upstarts.
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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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