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Business Resources

Elevate your business with BBB Learning

6/18/2025

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​Start your journey to success with BBB Learning’s on-demand courses, certificates, pre-approved credits, webinars, and networking events focused on leadership and ethical business practices. Whether you’re launching your own venture, leading teams, or tackling business challenges, BBB Learning offers opportunities to help you thrive in today’s competitive landscape. 
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BBB Learning focuses on building trust, promoting ethical leadership, and helping businesses address key challenges. These challenges include managing finances (particularly costs), growing and marketing the business, and hiring and retaining employees, as identified in a recent study of 13,000 BBB Accredited Businesses (Source: IABBB Research).

Better Business Bureau® Learning
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Bloomington Urban Enterprise Association: Grants & Scholarships

6/18/2025

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The Bloomington Urban Enterprise Association (BUEA)  aims to "provide the means to improve the economic, physical, and social environment for Zone residents and businesses."

The BUEA Zone is an area north, west, and south of Downtown whose residents and businesses are eligible for scholarships, arts and business grants, and tax incentives.
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In accordance with Indiana State Code Title 5-28-15, the BUEA contributes to economic development efforts in Bloomington's urban core. Over its 25+ year lifespan, the BUEA has spurred millions of dollars in investment. 
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The Small Business Safety & Cleanliness Grant

6/18/2025

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Supports Bloomington businesses in making physical improvements that enhance the safety, cleanliness, and overall appearance of their commercial properties. Funding may be used for projects that deter crime, prevent vandalism, improve sanitation, upgrade the exterior through professional cleaning services, and improve safety for employees and patrons. 

A total of $85,000 will be awarded in the 2025 fiscal year. The recommended maximum award request per applicant is $5,000.
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To apply, go to Bloomington Civiform to access the Small Business Safety and Cleanliness Grant application. Please contact Andrea de la Rosa at [email protected] with any additional questions. 

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SBA Offers Disaster Relief to Indiana Small Businesses and Residents Affected by Severe Storms and Tornadoes

6/9/2025

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The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans for Indiana small businesses, private nonprofits (PNP), and residents affected by severe storms and tornadoes occurring May 16. The SBA issued a disaster declaration in response to a request received from Governor Mike Braun on May 30.
The declaration covers the counties of Brown, Greene, Jackson, Lawrence, Monroe, Morgan and Owen which are eligible for both physical damage loans and Economic Injury Disaster Loans (EIDLs) from the SBA.
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Small businesses and private nonprofits are eligible to apply for business physical disaster loans and may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.  

Homeowners and renters are eligible to apply for home and personal property loans and may borrow up to $100,000 to replace or repair personal property, such as clothing, furniture, cars, and appliances. Homeowners may apply for up to $500,000 to replace or repair their primary residence.  ​

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National Small Business Week 2025

5/5/2025

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​During National Small Business Week, May 4-10, 2025, the U.S. Small Business Administration recognizes the hard work, ingenuity, and dedication of America’s small businesses, and celebrates their contributions to the economy. National Small Business Week includes in-person events and an educational virtual summit on a variety of business topics. 
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IRS celebrates entrepreneurs and small business owners during National Small Business Week

5/5/2025

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In celebration of National Small Business Week, May 4-10, 2025, the Internal Revenue Service is featuring useful tax-related tools and resources to help small business owners, employers and self-employed individuals succeed.

Best practices for small businesses

The IRS strongly encourages small business entrepreneurs to take advantage of the resources available on IRS.gov. Knowing how to start a business and understanding best practices are essential for success.
  • Correctly classify your business. Decide on the appropriate business entity (sole proprietorship, partnership, corporation, S corporation or LLC) to determine tax filing requirements and legal considerations.
  • Get your employer identification number (EIN). An EIN, also known as a federal tax identification number, is used to identify a business entity. Generally, businesses need an EIN. You may apply for an EIN in various ways, and now you may apply online. This is a free service offered by the Internal Revenue Service, and you can get your EIN immediately. You must check with your state to make sure you need a state number or charter. If you lost or misplaced your EIN, follow these steps.
  • Keep adequate records. Good records will help you monitor the progress of your business, prepare your financial statements, identify sources of income, keep track of deductible expenses, keep track of your basis in property, prepare your tax returns and support items reported on your tax returns. Choose a recordkeeping system that clearly shows income and expenses.
  • Hire the right tax professional. Choosing the right tax professional is essential for small business owners to ensure accurate and timely tax preparation. By asking the right questions and verifying credentials, businesses can avoid potential scams and protect their financial interests.
  • Resolve debt and prevent new liabilities. If you owe a tax debt and can't pay all or part of it, the IRS can help. You have options to resolve your tax bill.
    • Pay what you can now to help avoid interest and penalties. Then choose one of these options:
      • Apply for a payment plan, also called an installment or online payment agreement, to pay off your balance over time. Fees may apply.
      • An offer in compromise lets you settle your tax debt for less than you owe. This used to be called the Fresh Start program.
    • Ask to delay collection. If you can't afford to pay now because of your financial condition, you can ask us to temporarily delay collection.
    • If you disagree with the information on your tax bill, call the number on the notice or visit your local IRS office. Be sure to have a copy of the bill and any tax returns, cancelled checks or other records to help us understand why you believe your bill is wrong. If we find that you're right, we'll adjust your account and, if necessary, send a revised bill.
    • Request spouse relief. If your spouse made errors on your joint tax return and you didn't know about it, you may qualify for tax relief for spouses.
    • If you're in bankruptcy, please let us know immediately. We may temporarily stop collection. Call the number on your bill or 800-973-0424. Have this information ready: location of court, bankruptcy date, chapter and bankruptcy number.
    • If you don't pay the amount due or contact us. We may take collection actions.
Plan for next year. You should pay taxes as you earn or receive income during the year. You can do this by having your employer withhold tax from your wages or by making estimated tax payments. For details, see IRS Tax Withholding Estimator and Estimated taxes.

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SCORE

12/23/2024

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SCORE, the nation’s largest network of volunteer, expert business mentors, is dedicated to helping small businesses get off the ground, grow and achieve their goals. Since 1964, we have provided education and mentorship to more than 11 million entrepreneurs.
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SCORE is a 501(c)(3) nonprofit organization and a resource partner of the U.S. Small Business Administration (SBA). Thanks to this generous support from the SBA and because of the selfless contributions of our more than 10,000 dedicated volunteers, we are able to deliver most of our offerings at no cost.

The South Central SCORE is hosted in Columbus, Indiana, but has virtual options.

Contact:
Fred C. Stadler
500 Franklin St.
Columbus, Indiana 47201
Appointment: 812-372-4457

More information on SCORE
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Small Business Administration (SBA.gov)

12/23/2024

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Created in 1953, the U.S. Small Business Administration (SBA) continues to help small business owners and entrepreneurs pursue the American dream. SBA is the only cabinet-level federal agency fully dedicated to small business and provides counseling, capital, and contracting expertise as the nation’s only go-to resource and voice for small businesses.

Indianapolis Location:

5726 Professional Cir.
Suite 100
Indianapolis, IN 46241
Phone: 317-226-7272

More Info on SBA
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Indiana Small Business Development Center (ISBDC)

12/23/2024

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The Indiana Small Business Development Center (Indiana SBDC) was created to have a positive and measurable impact on the formation, growth, and sustainability of small businesses in Indiana, and to help Hoosier Entrepreneurs start stronger, grow faster, and work smarter.

The Indiana SBDC creates a positive and measurable impact on the formation, growth, and sustainability of Indiana’s small businesses by providing entrepreneurs expert guidance and a comprehensive network of resources.

The South Central ISBDC is hosted through Ivy Tech Community College in Bloomington. 

501 North Profile Parkway
Bloomington, IN 47404

(812) 330-6261
[email protected]

More Info on ISBDC
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    As part of the Greater Bloomington Chamber of Commerce's mission, providing leadership through member engagement, business advocacy, and civic partnerships to strengthen our community and business environment. This includes providing benefits, programs, and resources to help our members be successful. ​
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Our Chamber

​The Greater Bloomington Chamber of Commerce provides leadership through member engagement, business advocacy and civic partnerships to strengthen our community and business environment.

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421 W 6th Street, Suite A | Bloomington, IN 47404
[email protected]
(812) 336-6381

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