Local accounting-tech firm Decimal acquires cloud-based bookkeeping business from KPMG
Decimal, a software-as-a-service firm based in Indianapolis, has acquired the cloud-based bookkeeping business formerly owned by Big Four accounting firm KPMG.
Small Business
Articles
Goodman’s, other stores to leave Nora Plaza as Kite plans changes
The changes come after Indianapolis-based Kite acquired most of the 163,500-square-foot shopping center for $29 million in January.
Hamilton County’s first cat cafe to open in Fishers
Smitten Kitten Cat Cafe will be Indiana’s sixth cat cafe when it opens later this year at 7852 E. 96th St. in Fishers.
High Alpha portfolio company Structural acquired by Minnesota-based firm
Structural, which offers an employee-engagement software platform, was launched in 2017 by Indianapolis-based venture studio High Alpha.
Treasury moves forward with database on corporate ownership
Tens of millions of small U.S. companies will soon be required to provide the government with details on their owners and others who benefit from them
Company finds niche in co-warehousing for growing small businesses
Indianapolis-based Rise Commercial District is part of a co-warehousing movement that provides small companies with flexible space as they grow, much like office co-working space does.
Tax-credit online marketplace creates connections for more deals
Indiana’s entrepreneurial community has high hopes that the new service will help attract more out-of-state investment in Hoosier startups.
Online sneaker business is a Fishers father-daughter venture
Abby Vitale’s struggle to find sneakers she liked in a woman’s size 7 last year at a shoe resellers’ convention has led to a growing business and has established an online community for female sneakerheads.
Fountain Fletcher is new name for boosting prominent neighborhoods
The brand, unveiled in August, was created by the Greater Virginia Avenue Corridor Economic Improvement District to market businesses in Fountain Square, Fletcher Place, North Square and Holy Rosary.
Belgian tech startup Unbox to set up U.S. HQ in Indianapolis
The software company Unbox says it plans to establish its U.S. headquarters in Indianapolis as well as a software development, research and testing hub in West Lafayette. The company said it hopes to have up to 380 Indiana employees within the next few years.
U.S. sent $1.3B in small-business COVID aid abroad, raising new fraud fears
In total, the Small Business Administration made 41,638 awards to applicants that pursued that aid using computers believed to be located abroad, according to the agency’s inspector general.
As small businesses raise prices, some customers push back
Inflation isn’t only costing small businesses money. It’s costing them customers as well.
Delayed raises and renovations: Small businesses face new uncertainties
The percentage of small-business owners citing an increasingly uncertain economic outlook rose sharply in July, while overall optimism remains near historic lows, according to data released last week by the National Federation of Independent Business.
Entrepreneurial duo launches business to sell cornhole scoreboard
Paul Dytmire and Andy Klotz are learning it requires patience and money to develop and sell a product that helps cornhole players answer an often-heard question: “What’s the score?”
Indiana, other states getting millions for small businesses
Indiana is being allocated $99.1 million as part of the State Small Business Credit Initiative, established in 2010 and reauthorized under the American Rescue Plan to support state programs that help small businesses access capital as they emerge from the pandemic.
Indiana’s Mom Water could be 1-million-case success story
The drink, flavored water infused with vodka, debuted just 16 months ago. The company operates out of Ferdinand, 15 miles south of Jasper, and the product is manufactured in Indianapolis.
Elevate Ventures is opening its annual pitch event to the public
Elevate Ventures’ annual pitch competition takes place Aug. 5 in Fishers, and this year for the first time the event is free and open to the public.
Elevate Ventures taps local entrepreneur Christopher Day as next CEO
Christopher Day, the CEO and cofounder of Indianapolis-based marketing tech firm DemandJump, will take over as CEO of the Indianapolis-based organization on July 18.
Small businesses facing ‘summer of uncertainty’
Consumers likely have a lot of pent-up demand after more than two years of the pandemic. But they’re also facing some significant financial headwinds because of the highest inflation in decades. And COVID-19 remains a looming presence.
Small businesses still struggling to find enough workers
Data from payrolls processing firm ADP show a widening gap in hiring between businesses with 500 or more employees and businesses with less than 50 staffers. Those smaller businesses have lost jobs in three of the past four months.