Congratulations on launching your new business! Whether you’re just getting started or growing something great, we’re here to support your success in Randolph County, Indiana. Below you’ll find essential tips, tools, and resources tailored for small-town entrepreneurs like you.
1. Business Registration & Licensing
- Register your business at inbiz.in.gov (Indiana Secretary of State).
- Check with your local town or county office for zoning and permits.
- Apply for an EIN through the IRS if you’re hiring or forming an LLC.
2. Local Chamber & Economic Development Support
- Join Randolph County United for networking, marketing support, and ribbon cuttings.
- Explore local grants, revolving loan funds, and business incentives.
- Ask about available commercial space or property.
3. Financial Resources
- Connect with local banks and credit unions for small business loans.
- Use tools like QuickBooks or Wave to track income and expenses.
- Visit isbdc.org to access free support from the Indiana Small Business Development Center.
4. Marketing in a Small Town
- Create a Facebook Page, claim your Google Business listing, and be visible on local directories.
- Collaborate with other businesses for events or giveaways.
- Use flyers, newspapers, and even radio to reach your audience locally.
5. Networking & Community Involvement
- Attend Business After Hours, Lunch & Learns, and community festivals.
- Connect with schools, nonprofits, and civic groups to grow your network.
- Sponsor or volunteer at events to build visibility and goodwill.
6. Legal & Insurance Basics
- Consult a local attorney or accountant about the best business structure.
- Get general liability insurance and any licenses needed for your industry.
- Keep personal and business finances separate for clarity and protection.
7. Staying Compliant
- Register for Indiana sales tax collection through the Department of Revenue.
- Renew licenses and permits annually as required.
- Track all income and tax-deductible expenses.
8. Embracing Small-Town Strengths
- Focus on authentic customer relationships—word of mouth is powerful.
- Show your community pride through local events and storytelling.
- Offer exceptional service, support local causes, and reward loyal customers.
For more information, visit the ISBDC website.