Blog on small business, entrepreneurship debuts

January 4, 2011
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Thanks for dropping in. You’ve landed at IBJ’s new blog about small business and entrepreneurship, Small Biz Matters. Glad you’re here.

At Small Biz Matters you’ll find an assortment of news, analysis, tidbits and more. But it’s a work in progress, so chime in about what you like and what you want to read about, and I’ll try to accommodate.

A few words about myself, then I’ll step back and the floor is yours.

I’ve been covering business news in one way or another for 25 years. Some of you know me as IBJ’s original small-business editor, back when the first George Bush was president. Others of you are familiar with the IBJ blog I wrote the past couple of years, NewsTalk. (NewsTalk is archived at ibj.com.) Still others of you read the IBJ sections I edit, Focus and Forefront.

Soon, in addition to this blog, I’ll also begin writing occasional articles on entrepreneurship.

For now, I’ll leave you with the small-business legislative priorities of the Indiana State Chamber of Commerce and the Indiana office of the National Federation of Independent Business. After all, the General Assembly starts Wednesday.

The lobbies hope to minimize any increase in unemployment insurance taxes as the state looks to plug a yawning debt to the federal government to pay claims. The state has been kicking the can ahead for the past couple of years in order to restructure the system during a budget-writing year, which is the primary task of the session.

Both groups also intend to lobby against starting a sales tax on services.

Thoughts?
 

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  • Encourage Support
    I encourage support of the small-business legislative priorities mentioned. As a small business offering primarily services, taxing them would distinctly impact our business. That coupled with increased unemployment taxes would be cripling to several small businesses.
  • Small Businesses
    Something else to remember about small businesses is how many of them there are.

    I can find a cite /c data if anyone is interested - from the Census Bureau - so it's not an article where someone else analyzed the data and provides a particular slant on the stats. Truth vs. Reality.

    (It can be true you see pink elephants, but that doesn't mean they are real.)

    The number of operations (not defined, I thought it would work well as "stores" as in franchises, where a lot of people work (collectively) although each one has a substantially smaller headcount.

    Sure, one big factory can put a lot of people in the unemployed world, but if you want businesses which can't handle all of this extra financial burden, most (actually, a **HUGE** number of them are in the < 20 <50 or <100 ranges of people.

    Cheers,

    phil
  • Hybrid Business
    Indiana is behind on the movement of hybrid business--namely, low profit limited liability companies (L3Cs) and benefit corporations as business entity types. IL and MI have the L3C business form, along with several other states. There are only two states with benefit corps on the books, but more coming. If we're truly a pro-entrepreneurship state, our law makers need to get the L3C and the benefit corporation entity types on the books...yesterday.

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  1. In reality, Lilly is maintaining profit by cutting costs such as Indiana/US citizen IT workers by a significant amount with their Tata Indian consulting connection, increasing Indian H1B's at Lillys Indiana locations significantly and offshoring to India high paying Indiana jobs to cut costs and increase profit at the expense of U.S. workers.

  2. I think perhaps there is legal precedence here in that the laws were intended for family farms, not pig processing plants on a huge scale. There has to be a way to squash this judges judgment and overrule her dumb judgement. Perhaps she should be required to live in one of those neighbors houses for a month next to the farm to see how she likes it. She is there to protect the people, not the corporations.

  3. http://www.omafra.gov.on.ca/english/engineer/facts/03-111.htm Corporate farms are not farms, they are indeed factories on a huge scale. The amount of waste and unhealthy smells are environmentally unsafe. If they want to do this, they should be forced to buy a boundary around their farm at a premium price to the homeowners and landowners that have to eat, sleep, and live in a cesspool of pig smells. Imagine living in a house that smells like a restroom all the time. Does the state really believe they should take the side of these corporate farms and not protect Indiana citizens. Perhaps justifiable they should force all the management of the farms to live on the farm itself and not live probably far away from there. Would be interesting to investigate the housing locations of those working at and managing the corporate farms.

  4. downtown in the same area as O'malia's. 350 E New York. Not sure that another one could survive. I agree a Target is needed d'town. Downtown Philly even had a 3 story Kmart for its downtown residents.

  5. Indy-area residents... most of you have no idea how AMAZING Aurelio's is. South of Chicago was a cool pizza place... but it pales in comparison to the heavenly thin crust Aurelio's pizza. Their deep dish is pretty good too. My waistline is expanding just thinking about this!

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