Small Business

Remodeling rebounds as homeowners opt to fix what they haveRestricted Content

August 25, 2012
Cory Schouten
More homeowners are taking the plunge on pricey home remodeling projects—ranging from kitchens, bathrooms and basements to outdoor living areas and whole-house makeovers—after a roughly five-year lull that began with the housing downturn.
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Small firms using social media to tighten ties to customersRestricted Content

August 25, 2012
Andrea Muirragui Davis
More small businesses are turning to technology to connect with clients. Nationwide, over half of firms with fewer than 100 employees use social media, according to a 2012 survey from research firm SMB Group Inc.
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Carmel ad shop FatAtom prospers by defying normsRestricted Content

August 25, 2012
Anthony Schoettle
In a time when many local, regional and national ad firms have been forced to downsize, FatAtom Marketing has seen its revenue increase from $180,000 in 2008 to a projected $1.25 million this year, CEO Todd Muffley said.
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Six from Indiana make top 500 on Inc.'s fastest-growing list

August 21, 2012
 IBJ Staff
A half-dozen Indiana companies were ranked in the top 500 in Inc.'s annual list of the the nation's fastest-growing private companies, but only two are from Indianapolis.
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Local distillers produce Indiana sorghum spirit

August 18, 2012
Ellen Kobe
Two central Indiana entrepreneurs are making a new spirit from an old crop—supplied largely by an Amish farmer who doesn’t drink alcohol. The product is Sorgrhum, a distilled liquor made from the syrup of sweet sorghum, a stalk-like grain used as a sweetener before sugar cane became widely available.
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TechPoint plans summit, entrepreneurial bootcampRestricted Content

August 18, 2012
The first-ever Indiana Entrepreneurial Bootcamp will only be open to the first 100 who register.
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LEADING QUESTIONS: Music promoters grow gig schedule

August 15, 2012
Mason King
LQ MOKB Presents
                           Watch Video iconIn four years since begging indie acts to hit Indianapolis, MOKB Presents has become a ubiquitous name on the city's marquees. The concert-promoting duo expects to have a hand in 150 shows this year, a 50-percent increase from 2011.
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Former chamber head Dorson joins startup ViewYouRestricted Content

August 11, 2012
Dan Human
Startup ViewYou, which launched in October 2011, provides matchmaking services for job-seeking college students and companies with open positions.
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Slingshot SEO branches out after Google throws it for a loopRestricted Content

August 11, 2012
Chris O'Malley
Search-engine optimization remains part of Slingshot SEO’s name. But one of the region’s fastest-growing tech companies is abruptly shifting strategy—in part because changes by Google have undercut its core business.
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Dog treat startup wins challengeRestricted Content

August 11, 2012
Self-proclaimed “foodie” Sherri Campbell knew she was onto something when she started making frozen treats for her three dogs, but even she didn’t expect to win the inaugural Hottest Kitchen Entrepreneur Challenge.
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Marketing software firm CIK plans to expand, add 57 jobs

August 6, 2012
CIK Enterprises LLC, a marketing software and services firm, plans to add the jobs by 2016. The company will continue to lease a 30,000-square-foot facility on the city’s west side.
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Farmers to get advice on coping with crop losses

August 5, 2012
Associated Press
Indiana farmers worried about what to do with their withered corn crops will gather in Vigo County this week to discuss crop insurance, cattle feeding options, and other topics related to the drought. Purdue University agricultural experts say some crops already are beyond saving.
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Web startup aims to connect private businesses, investors

July 28, 2012
Andrea Muirragui Davis
Private firms that need to raise relatively modest amounts of capital have a hard time finding money. Now three Indianapolis entrepreneurs think they have the answer: crowdfunding. Individuals make small investments that are aggregated to fund a business. Indianapolis-based Localstake wants to be the matchmaker.
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Firm gives college kids the opportunity to run a painting businessRestricted Content

July 28, 2012
Ellen Kobe
Student Development Co. helps college students run Textbook Painting businesses, to learn the ins and outs of entrepreneurship. Thirty students in seven states are participating this summer, including 10 student entrepreneurs in Indiana.
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Multi-employer health clinic to open downtownRestricted Content

July 28, 2012
J.K. Wall
NoviaCare Clinics LLC will open a multi-employer health clinic in downtown Indianapolis this fall, opening the door for smaller employers to add the service to their health benefits.
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Mudathlon makes a splash as obstacle course races growRestricted Content

July 21, 2012
Ellen Kobe
A 3-year-old Westfield has taken advantage of the adventure-race trend by staging Mudathlons--obstacle courses conducted in the mud. More than 12,000 people were expected to participate in Mudathlon's four races this summer, up from about 2,000 at the company’s first two races in 2010.
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Duo introduces app for hairstylistsRestricted Content

July 21, 2012
Founders of MyBestFriendsHair.com aim to help professionals manage client information.
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Gen Con gaming for another attendance recordRestricted Content

July 21, 2012
Scott Olson
As crowds get bigger, businesses take more notice.
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INSIDE DISH: Unlikely pair pilot Ship to profit

July 20, 2012
Mason King
Dish_SinkingShip_watchvideoOK, so an accountant and a tattoo artist start a bar. Except it's no joke. Clearly defined roles have helped the odd-couple co-owners of The Sinking Ship navigate a turbulent startup and land on solid financial ground.
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Venture funding falls 12 percent in second quarter

July 20, 2012
Associated Press
Funding for U.S. startups fell 12 percent in the second quarter as venture capitalists poured less money into fewer deals than a year earlier. But the number of companies getting funded in the earliest stages of development reached the highest level in more than a decade.
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Carmel veterinarian opening animal hospital near Mass AveRestricted Content

July 14, 2012
Woodland Animal Hospital owner will take former bookstore space in Chatham Arch neighborhood.
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Lilly Endowment awards Butler biz accelerator $3M

July 13, 2012
The gift will enable the accelerator to keep providing consulting services to mid-size Indiana businesses using the experience of consultants, as well as Butler University faculty and students. It launched in 2005 with the help of a $22 million grant from the endowment.
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Building relationships pays off for contractor GrayRestricted Content

July 7, 2012
Andrea Muirragui Davis
Steve Gray Renovations grew during the remodeling industry’s worst downturn in more than two decades.
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Co-working spaces multiply, giving independent workers options

June 30, 2012
Ellen Kobe
Co-working sites—shared office spaces designed to give entrepreneurs, free-lancers and consultants the tools they need to get the job done as well as the chance to interact with other professionals, sans cubicle—are gaining popularity nationally and, finally, in Indianapolis.
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Local ad firm BrandWidth rebounds after internal turmoilRestricted Content

June 30, 2012
Anthony Schoettle
BrandWidth puts legal scuffle behind it, emerges to nab several national accounts.
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  1. With Pence running the ship good luck with a new government building on the site. He does everything on the cheap except unnecessary roads line a new beltway( like we need that). Things like state of the art office buildings and light rail will never be seen as an asset to these types. They don't get that these are the things that help a city prosper.

  2. Does the $100,000,000,000 include salaries for members of Congress?

  3. "But that doesn't change how the piece plays to most of the people who will see it." If it stands out so little during the day as you seem to suggest maybe most of the people who actually see it will be those present when it is dark enough to experience its full effects.

  4. That's the mentality of most retail marketers. In this case Leo was asked to build the brand. HHG then had a bad sales quarter and rather than stay the course, now want to go back to the schlock that Zimmerman provides (at a considerable cut in price.) And while HHG salesmen are, by far, the pushiest salesmen I have ever experienced, I believe they are NOT paid on commission. But that doesn't mean they aren't trained to be aggressive.

  5. The reason HHG's sales team hits you from the moment you walk through the door is the same reason car salesmen do the same thing: Commission. HHG's folks are paid by commission they and need to hit sales targets or get cut, while BB does not. The sales figures are aggressive, so turnover rate is high. Electronics are the largest commission earners along with non-needed warranties, service plans etc, known in the industry as 'cheese'. The wholesale base price is listed on the cryptic price tag in the string of numbers near the bar code. Know how to decipher it and you get things at cost, with little to no commission to the sales persons. Whether or not this is fair, is more of a moral question than a financial one.

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