Small Business

WOJTOWICZ: Temporary program helps refinance commercial mortgages

February 24, 2012
Jean Wojtowicz
A recent study from Credit Suisse found that over $15 billion of small commercial mortgages (under $5 million) are coming due in the next few years.
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INSIDE DISH: Gastropub owners get aggressive after big first year

February 24, 2012
Mason King
Dish_local_eatery_watch_videoThe Local Eatery and Pub in Westfield streaked past break-even point in its first 12 months, leading its relieved but exhausted owners to plan new projects.
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Angie’s List expected to continue financial losses

February 22, 2012
Scott Olson
The Indianapolis-based company should post a loss of 11 cents per share when it reports its first earnings as a public company on Wednesday afternoon. But at least one analyst is upbeat about its long-term prospects.
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Startup coaches clients on datingRestricted Content

February 11, 2012
Hayleigh Colombo
Miss Pivot is a social-skills training company that offers one-on-one coaching from professional “wing” women, group classes on topics like starting conversations, and now a mobile app that promises users the knowledge they need to “Fire Cupid.”
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Marketer applies engineering skills to lead creative firmRestricted Content

February 11, 2012
Ann Finch
Kathy Cabello left a lucrative IT career to start Cabello Associates Inc., a marketing consultancy celebrating its 10th anniversary this year.
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DeveloperTown sees sale of first company it helped fund, coachRestricted Content

February 4, 2012
Chris O'Malley
Daily Lunch Deal sold last month after just a year in business, marking a milestone for its venture-firm mentor.
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Travel club startup patterned after Ambassadair trying to raise $5 millionRestricted Content

February 4, 2012
Chris O'Malley
A former employee of Ambassadair travel club is trying to raise $5.3 million to finance the first six months of a business created in its image.
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Techies aim to make money from memoriesRestricted Content

February 4, 2012
Chris O'Malley
Two DePauw University graduates are launching a website they hope will preserve the world’s memories, through a virtual bank of shared experiences.
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Stout's Shoes expects website to become its largest 'store'Restricted Content

February 4, 2012
Sam Stall
After years of failed attempts to create a viable Web presence, Stout's Shoes has finally plunged into cyberspace using the route experts say many small companies follow: giving the job to a young, tech-savvy family member with an aptitude for social media.
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Contractor uses 'process mapping' to overhaul businessRestricted Content

January 28, 2012
Andrea Muirragui Davis
ProClad Inc. founder Brad Hitzfield invested in a 30-year business veteran to help him remake his specialty construction firm when profits couldn't keep pace with revenue.
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Small businesses angle for piece of the big game

January 23, 2012
Andrea Muirragui Davis
More than 400 companies statewide qualified for this year’s NFL Emerging Business program, an initiative that aims to open doors for minority- and women-owned enterprises seeking a sliver of Super Bowl spending.
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Indiana deals ranged upward of $800 millionRestricted Content

January 21, 2012
Mergers and acquisitions in 2011 ranged from WellPoint's acquisition of CareMore to a trucking company merger.
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Indianapolis-area mergers and acquisitions in 2011Restricted Content

January 21, 2012
A number of acquisitions last year disclosed no sale price. In the Indianapolis area, those deals ranged from MacAllister Machinery's purchase of a Caterpillar dealership in Michigan to Herff Jones' acquisition of a Memphis, Tenn.-headquartered maker of cheerleading uniforms.
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House bill would cut barber licensing requirement

January 19, 2012
Scott Olson
Besides no longer requiring barbers and cosmetologists to be licensed, the bill also exempts dieticians, hearing aid dealers, private investigators and security guards.
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Extras help small firms boost business

January 14, 2012
Andrea Muirragui Davis
Small businesses like KnowSweat Workouts increasingly are adding products and services to keep revenue flowing during tight economic times.
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INSIDE DISH: Noodle readies for Super Bowl rush

January 13, 2012
Mason King
Dish Noodle Watch VideoOwner Hal Yeagy expects at least three months of business over 10 days at the newly nonsmoking Slippery Noodle Inn, and he's spending nearly $300,000 on physical improvements and a temporary tent to make sure it rocks.
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Brugge owners eye downtown buildings for brewery, eatery

January 10, 2012
Tom Harton
Owners of Broad Ripple’s Brugge Brasserie want to bring a new restaurant concept to the Massachusetts Avenue district downtown, where they also plan to relocate the craft brewery that supplies beer to Brugge.
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Edible Arrangements franchisee opens third locationRestricted Content

January 7, 2012
Ann Finch
Retha Parsley owns three franchises for Edible Arrangements, a fruit-bouquet-delivery business, including a new downtown location that also sells in-store dipped fruit, fruit smoothies and fruit parfaits.
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New venue will give startup crowd a place to socialize, share ideasRestricted Content

December 31, 2011
Francesca Jarosz
A group of angel investors, entrepreneurs and high-tech aficionados on Jan. 18 will launch the Speak Easy, a 5,750-square-foot space on the southern edge of Broad Ripple that will serve as a gathering place for those active in the startup community.
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LEADING QUESTIONS: Expanded Kahn's banks on holidays

December 29, 2011
Mason King
LQ_Arnold_Watch VideoHow much bubbly does Kahn's Fine Wines & Spirits sell at year's end? How have operations changed with the addition of two new stores? Owner Jim Arnold has answers.
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INSIDE DISH: Patrick's finds room at the Inn in 'X-mas miracle'

December 23, 2011
Mason King
Dish_Patricks_Watch_VideoBeth Dickerson and Patrick Mullen had one month to find a new home for their struggling restaurant and move. A lucky break at Brick Street Inn and dozens of patrons (straight out of "It's a Wonderful Life") helped make it happen.
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State SBDC network gets new director

December 20, 2011
The Indiana Economic Development Corp. announced Tuesday morning that Jacob Schpok officially has been named director of the agency. He was appointed interim director earlier in the month.
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City goes after tow-company license

December 20, 2011
 IBJ Staff
Indianapolis is moving to revoke the license of a prominent local towing company that officials say has violated local ordinances and elicited more than two dozen consumer complaints.
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WOJTOWICZ: Do homework before meeting business lender

December 19, 2011
Jean Wojtowicz
Prepare to talk in detail about your business, the plans you are making and the reasons for expanding before you show the banker the facts and figures.
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Independent doctors fear loss of referralsRestricted Content

December 17, 2011
J.K. Wall
Independent health care facilities, like Body One Physical Therapy, are seeing referrals from physicians beginning to slacken as more and more doctors become employees of hospitals. The hospitals request that doctors send patients to their in-house physical therapy practices.
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  1. First, the Athenaeum is going to have to get past the hurdle with the Lockerbie residents and the agreement that the parcel would be residential. Second, and in my opinion, this prime piece of property should include parking, PLUS, a black box theater(s), some market rate and affordable artist housing and a plan to renovate and reconfigure the second story theater. I would negotiate to add the DeHaan property surface parking lot into the development mix, place a one story surface parking garage on the DeHaan lot on the street level (for the Dehaan tenants use during the daytime) and add a second story to the garage that would become an addition to the current second story theater and then change the direction of the theater by moving the stage across the alley and on top of the DeHaan lot parking. You can add all the stage elements that are currently missing from the Athenaeum stage to make it more attractive for use by Ballet, Opera and traveling productions. Plus, the theater changes would probably help solve some of the soundproofing issues. Alas,it does not seem to be a part of the strategic plan to conduct a study to determine best use of the property. Seems like the current plan is a quick and easy move that ignores the property best use/potential and any strategic property planning for the effect on future generations.

  2. I recall that MSA's pilings are still in the ground and hard to remove. It’s not likely any proposal will include significant underground construction/parking because of this. Start adding 2 floors of retail, 8 floors of parking and 5-10 floors of possible hotel, and/or 10-20 floors of residential, and you are at 30 floors already with possible expansion of all the uses. But then again I could be wrong.

  3. Accoriding to their website there is no deadline to the Do Not Call list. What is this article referring to??

  4. On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.

  5. It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.

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