Small Business

Sale of signature game Phase 10 sent Fundex into ditchRestricted Content

September 29, 2012
Greg Andrews
The nightmare that culminated with the Plainfield-based company’s recent Chapter 11 bankruptcy filing began in the depths of the financial crisis, when the company’s lender yanked its more-than-$10-million line of credit.
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Startup aims to take business cards into digital ageRestricted Content

September 22, 2012
Andrea Muirragui Davis
Indianapolis entrepreneur Nick Carter thinks he’s found a way to eliminate the “black hole” of marketing data: smart business cards that track how recipients use them.
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Sun King brewing another round of growthRestricted Content

September 22, 2012
Greg Andrews
After just three years in business, Sun King finds itself the second-largest brewer in Indiana, behind only Three Floyds Brewing Co. in Munster, which produces about 23,000 barrels and also is growing quickly.
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Event-planning vet Maribeth Smith has impressive resumeRestricted Content

September 22, 2012
Scott Olson
Maribeth Smith’s introduction to the world of event planning sure was a doozy—coordinating the city’s first significant Final Four in 1991. In the 20 years since, Smith has planned some of Indianapolis’ biggest soirees, highlighted this year by several events surrounding the Super Bowl, which helped cement her status as one of the city’s leading meeting planners.
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Study: Indiana tax code discourages small businesses

September 15, 2012
Associated Press
A new study of Indiana's business tax structure suggests the state's tax code discourages the small, home-grown businesses often considered the engines of job creation.
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MillerWhite signs slew of new clients in last six monthsRestricted Content

September 15, 2012
Marketing firm lines up almost two dozen clients, most of them based in Indiana.
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Hoosier Momma growing sales, ambitionsRestricted Content

September 15, 2012
Seller of Bloody Mary mix adds new concoctions, broadens distribution to seven states.
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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 norms

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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