News From Terre Haute, Indiana

Business

April 26, 2014

ASK SCORE: Good help is easy to find if you know how to look for it

TERRE HAUTE — Over the past 15 years, nearly two-thirds of new jobs have been generated by small businesses. Yours may be one of them. That’s good news for your local economy, for customers whose expectations for quality service are higher than ever and for you, as you can focus your energies on other priorities.

If you’re considering adding to this trend by expanding your workforce, be sure the people you hire are both qualified and committed to doing a good job. That said, it’s easy to go into the hiring process with the best of intentions and end up with results that fail to meet anyone’s expectations.

So before you display the “Help Wanted” sign, literally and figuratively, give some thought to both your hiring goals and strategy for achieving them.

Do you really need additional help? It’s great that your business is on a growth track, but is adding staff cost-effective? Reformulating processes or rearranging current employee responsibilities may be all that’s necessary, at least for the short term, as long as it doesn’t overburden your current workers.

Assess alternatives. If your needs don’t match up with a new full-time position, creating one or more part-time positions may meet your needs and provide added flexibilities. Temp agencies can also help with short-term needs, with the added advantage of doing the screening work for you. Independent contractors and outsourcing may also be the answer.

Define the job and what it takes to do it. Carefully consider the job’s direct and associated responsibilities, and incorporate them into a written job description. Be careful with general titles such as administrative assistant or sales clerk, as they have different meanings to different people. Be reasonable about your expectations. Too stringent: You limit your available talent pool. Too low: You may be deluged with unqualified applicants.

Compensation counts. Even when jobs are scarce, people still expect a fair wage for a fair day’s work. State and local chambers of commerce, employment bureaus, and professional associations can help you determine appropriate wages and benefits. Also study comparable jobs to determine prevailing wage rates.

Attract attention. Promoting a job opening is no different from promoting your business; you must go to where the potential candidates are. Options include advertising in your local newspaper (both print and online editions), websites such as Craigslist, or with signs in your store, around the neighborhood, or at nearby high schools and colleges. For jobs requiring specialized skills, consider utilizing trade magazines, industry-specific job banks and employment agencies. Also talk up the job opening among friends, neighbors, suppliers’ customers and current employees.

Need more help with hiring? Then contact SCORE, a nonprofit organization of more than 13,000 volunteer business counselors who provide free, confidential business counseling and training workshops to small business owners. For more information, visit www.score.org.

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Business
  • Old National acquires Michigan bank

    Evansville-based Old National Bancorp and Grand Rapids-based Founders Financial Corp. said Monday they have finalized an agreement under which Old National will acquire Founders through a stock and cash merger.

    July 28, 2014

  • Old National strengthens position with Grand Rapids-based Founders Bank & Trust pending acquisition

    Evansville-based Old National Bancorp and Grand Rapids-based Founders Financial Corp. jointly announced today the execution of a definitive agreement under which Old National will acquire Founders through a stock and cash merger.

    July 28, 2014

  • Eye on the pie: Simplifying Indiana’s tax code is no simple matter

    The Governor and his select invitees to his closed tax conference last month praised simplifying Indiana’s tax code. It is an idea better loved by Americans than baseball, apple pie or motherhood.

    July 26, 2014

  • Social Security move to help combat identity theft

    To help combat the rising threat of fraud and identity theft, Social Security will no longer issue Social Security number printouts beginning in August. If you need written confirmation of your Social Security number — perhaps your new employer needs verification — and you can’t find your Social Security card, you can apply for a replacement.

    July 26, 2014

  • Applications open for ‘Best Places to Work’

    The Indiana Chamber of Commerce is accepting applications for the state’s annual competition naming the “Best Places to Work in Indiana.” In its 10th year, this program honors top companies as determined through employer reports and comprehensive employee surveys.

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  • Union Hospital cuts to come from support staff

    The reduction of 150 employees in Union Health System by the end of this year will come from support staff, employees who do not have direct patient care duties, hospital administrators said today.

    July 23, 2014

  • EYE ON THE PIE: Private sector option to calm violence in streets

    We were in Edinburgh at the Pixy Theater waiting to hear the Wright Brothers play.

    July 19, 2014

  • Christian bookstore to celebrate 30-year mark

    The Open Door Christian Bookstore is celebrating 30 years of business in Terre Haute. On July 30, The Open Door staff will host a celebration of the milestone with 30-percent-off coupons, free cupcakes and door prizes throughout the day.

    July 19, 2014

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    The new issue of the Carpet One of Terre Haute digital magazine – Beautiful Design Made Simple – focuses on getting ready for the summer and expanding living space outdoors.

    July 19, 2014

  • BUSINESS BRIEFS: July 20, 2014

    • ‘Accessible tech’ workshop in works
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    July 19, 2014

  • Restaurant continues lemonade sale cancer fundraiser

    In the summer of 2000, the idea behind Alex’s Lemonade Stand Foundation was born when 4-year-old cancer patient Alexandra “Alex” Scott set up a front yard lemonade stand to raise funds and awareness for childhood cancer cures.

    July 19, 2014

  • Nursery seeks grant applications

    The Terre Haute Day Nursery Committee is seeking grant applications from nonprofit organizations for funding in the child care areas of tuition assistance and program development.

    July 19, 2014

  • ASK SCORE: Looking to expand? Make sure credit measures up

    Good credit has always been important for entrepreneurs. But in today’s economy, building and maintaining a strong business credit score is essential for accessing both start-up and growth capital.

    July 19, 2014

  • SOCIAL SECURITY: Retirement, early or late, is a big decision

    If you believe in going all the way or not going at all, there’s a day to celebrate your extreme ways. This coming Saturday is All or Nothing Day.

    July 19, 2014

  • O’Rourke joins Sisters of Providence team

    When Providence Spirituality and Conference Center facilities manager Linda Malooley called Andrea O’Rourke inquiring if she knew of anyone who might be interested in taking Malooley’s position, O’Rourke offered a quick response.

    July 19, 2014

  • Regional artist to receive Arts Commission development grant

    The Indiana Arts Commission announced Friday that one regional artist is among 38 artists throughout the state receiving career development assistance through the agency’s Individual Artist Program grants for Fiscal Year 2015.

    July 19, 2014

  • Update: Union Hospital notifying workers of layoff

    Some employees of Union Hospital are receiving notice that they will be laid off as part of cost reductions.

    July 18, 2014

  • Convenience stores keep up fight to sell cold beer

    INDIANAPOLIS (AP) — Convenience stores in Indiana are keeping up their fight to be able to sell cold beer, as a trade group said Tuesday it was appealing a judge’s decision upholding the state law that prohibits them from selling the beverages chilled.

    July 15, 2014

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    James Welch has successfully started his own painting business in the Wabash Valley. It isn’t entirely his business, however, but it certainly appears that way.

    July 12, 2014 3 Photos

  • Eye on the Pie: Indiana’s small business friendliness: A report card

    It must be the season. Another ranking of the states crossed my desk this week. That’s the second in two weeks. This time it’s from the Kauffman Foundation, the Kansas City organization that promotes entrepreneur development, and its polling affiliate, Thumbtack.com from San Francisco. Briefly, this report tells us that Indiana’s small business friendliness rates a grade of B-, 18th of 38 states in the survey.

    July 12, 2014

  • Social Security benefits of different flavors

    Do you scream for ice cream? If so, July’s the month for you. If not, please read on just the same.
    July is National Ice Cream Month, and July 20 is National Ice Cream Day. Take your family to get ice cream and you’ll find a variety of flavors. Same with Social Security. Most people think of retirement, but that’s like limiting yourself to vanilla. At Social Security, we offer a variety of benefits.

    July 12, 2014

  • Business Cents: Know your key demographics, market share

    Today I wanted to discuss one of the more frequent questions and challenges that business owners face and also one of the more common reasons companies fail: understanding their market.

    July 12, 2014

  • Score: Learn the ins and outs of cash flow

    You often hear about motorists who suffer breakdowns in the worst possible places because they didn’t bother to check their oil level regularly or ignored their dashboard warning lights. Many small business owners do the same thing when it comes to managing their cash flow.

    July 12, 2014

  • Davis named interim student affairs VP

    Nolan Davis, associate vice president of student affairs at Indiana State University since 2010, has been named interim vice president for student affairs, President Daniel J. Bradley recently announced.

    July 12, 2014

  • Wireless Mike’s to host grand opening week

    Wireless Mike’s will host a grand opening celebration at its new location in Marshall, Ill., beginning Friday.

    July 12, 2014

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