Small Business

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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Carmel office/retail complex hurt by road project gets second chance

December 13, 2011
Tom Harton
Merchants Pointe, a two-building office/retail development at 116th Street and Keystone Parkway, is getting a fresh start after major road construction drove away tenants and caused a previous owner to default.
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Sky Zone trampoline center bounces into Fishers

December 12, 2011
Scott Olson
Sky Zone, a franchised all-trampoline indoor recreational complex operated by Jeff Mast, opens Monday in Fishers at Cumberland Road and East 121st Street, just south of Interstate 69.
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Pair hopes to find niche in commercial real estateRestricted Content

December 10, 2011
Scott Olson
First project for startup Loftus Robinson Development is a small conversion in Broad Ripple.
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Site aims to be city's go-to events calendarRestricted Content

December 10, 2011
Kathleen McLaughlin
Two local concert promotors have launched a calendar website, called Do317.com, that ranks arts and entertainment events according to the preferences of its users and designated “tastemakers.”.
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Entrepreneurs aim to deliver custom beverages

December 9, 2011
Andrea Muirragui Davis
uFlavor_WatchVideoMad scientists, rejoice: An Indianapolis startup is rolling out a make-your-own-soft-drink campaign its founders hope will become the YouTube of the beverage industry. They left Thursday night on a 6,000-mile promotional tour.
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Giant Super Bowl ads set to adorn downtown buildings

December 7, 2011
Cory Schouten
Downtown building owners are looking to cash in on the upcoming Super Bowl by selling space for massive temporary advertisements.
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MyJibe's purchase validates Orr fellowship programRestricted Content

December 3, 2011
Chris O'Malley
A program to identify and cultivate entrepreneurs—the Orr Entrepreneurial Fellowship—just hit a milestone. Orr fellow Mike Langellier has sold his upstart MyJibe LLC, in what appears to be the first Orr fellow to create a tech firm and take it full circle to liquidation.
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'Buy local' law to be tweakedRestricted Content

December 3, 2011
 IBJ Staff
New requirement that local governments hire local bidders came under fire.
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Engineer wants to bring 3D printing to massesRestricted Content

November 26, 2011
Sam Stall
Doug Keenan, a 49-year-old electrical engineer and entrepreneur, is tackling something so cutting-edge that most of humanity doesn’t know it exists: 3D printing, or rapid prototyping.
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Martinsville Candy Kitchen hangs hopes on handmade canes

November 26, 2011
Andrea Muirragui Davis
Martinsville candy
                           canes watch videoShop owners John and Pam Badger churn out more than 20,000 candy canes in November and December, but they'd like to boost business the other 10 months of the year.
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Develop Indy and partner will focus on small business supportRestricted Content

November 26, 2011
 IBJ Staff
Business Ownership Initiative of Central Indiana focuses on one-on-one counseling, capital access.
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New restaurant to anchor Fountain Square Theatre buildingRestricted Content

November 26, 2011
 IBJ Staff
The End of the Line Public House will replace the Shelbi Street Cafe.
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Trio of ad agency executives launches boutique firmRestricted Content

November 19, 2011
Anthony Schoettle
Three well-known advertising industry executives formed an agency this month that industry insiders think could make some noise in the local market.
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INSIDE DISH: Brewpub beats sales goals in rocky first year

November 18, 2011
Mason King
Black Swan Watch VideoWith an $80,000 nut and some luck with bank loans, D.J. McCallister has beaten staffing woes and an unforeseen sales slump to make newcomer Black Swan Brewpub a break-even enterprise.
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Angie’s List stock surges after shares hit market

November 17, 2011
 IBJ Staff and Bloomberg News
Angie’s List Inc. shares rose as much as 44 percent in their trading debut Thursday after the company raised $114 million Wednesday in its initial public offering. The stock closed the trading day up more than 25 percent, at $16.26 per share, after rising as high as $18.75 early in the morning.
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Sign-company owner builds full-service firm on trustRestricted Content

November 12, 2011
Ann Finch
Beverly Miller has built a successful sign company by providing clients full service, from helping them navigate city code regulations, to designing, manufacturing, installing and servicing their signs.
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Social media hot topic at TechPoint summitRestricted Content

November 12, 2011
Chris O'Malley
Zuckerberg's sister gives tips for exploiting Facebook as a marketing tool.
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My Toy Garden wades into specialty retail businessRestricted Content

November 12, 2011
 IBJ Staff
A teacher for 17 years, Carmel resident Janet Pillsbury opened her store in September to give shoppers more options.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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