Small Business

New rules open door to ads for private placementsRestricted Content

September 15, 2012
Kathleen McLaughlin
In accordance with the Jumpstart Our Business Startups Act, the Securities and Exchange Commission will lift the long-standing ban on “general solicitation” of unregistered securities.
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LEADING QUESTIONS: Film fest chief zooms in on fundraising

September 14, 2012
Mason King
LQ Heartland Sparks watch videoWhat "Twilight Zone"-ish connection does the founder of Heartland Truly Moving Pictures have to its new HQ? What tearjerking moment did he share with a major donor? How did he calm an infuriated Hollywood director? Jeffrey Sparks is ready for his closeup.
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Game maker Fundex files for bankruptcy reorganization

September 11, 2012
Scott Olson
The once high-flying Fundex is seeking to reorganize under the protection of bankruptcy as the lawsuits against the Plainfield-based company continue to pile up. Fundex lists assets of nearly $1.5 million and liabilities of $8.9 million.
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Real estate firm's niche is commercial Hispanic clientsRestricted Content

September 8, 2012
Dan Human
Real estate entrepreneur Kelli Membreno, a bilingual native of northern Indiana, has built a business on helping Hispanic entrepreneurs navigate the barriers of language and American business customs.
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New company focuses on making football helmets that reduce concussionsRestricted Content

September 1, 2012
Anthony Schoettle
Bill Simpson, famous for pioneering multiple advances in auto-racing safety, has turned his attention to a new sport. His new company, SGH Helmets, is making a football helmet that Simpson hopes will help prevent concussions.
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WOJTOWICZ: Lenders need financial statements to protect investment

August 27, 2012
Jean Wojtowicz
The bank needs to know how your business is doing right now (usually the most recent 30 or 60 days), rather than rely on your current year’s tax return that may have aged several months.
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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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