Bloomington

Owning a Business in Bloomington, Indiana

Make Your Mark

As a small business owner, you're likely no stranger to the challenges and rewards that come with entrepreneurship. But have you considered the benefits of setting up shop in Bloomington, Indiana? This vibrant college town is home to a thriving business community, a highly educated workforce, and a quality of life that's hard to beat. Let's explore the highlights of owning a business in Bloomington, Indiana, and why it's an ideal location for small business owners like you.

Walkway into Indiana University at Bloomington

Access to a Highly Educated Workforce

Bloomington is home to Indiana University, one of the largest and most prestigious universities in the state. This means that you'll have access to a pool of highly educated and motivated employees, many of whom are eager to stay in the area after graduation. 
But it's not just about the quantity of educated workers – it's also about the quality. Indiana University is renowned for its programs in business, technology, and the arts, among others. This means that you'll have access to a diverse range of skilled workers who can help take your business to the next level.

People eating together at a restaurant

A Thriving Downtown Area

Bloomington's downtown area is a hub of activity, with a vibrant mix of shops, restaurants, and cultural attractions. The city has invested heavily in revitalizing the area, with initiatives like the Bloomington Downtown Revitalization Project, which has brought new life to the city's core.
As a business owner, this means that you'll have access to a built-in customer base of locals and students alike. Plus, the city's downtown area is highly walkable, making it easy for customers to get around and explore the many businesses that call the area home.

Business-Friendly Environment

Bloomington has a reputation for being a business-friendly city, with a range of resources and incentives available to help entrepreneurs get started and grow. The city's Economic Development Corporation (EDC) offers a range of programs and services, including business counseling, loan programs, and tax incentives.
Additionally, the city has a number of business incubators and accelerators, such as the Bloomington Incubation Center and the Indiana University Bloomington Startup Accelerator. These programs provide access to resources like mentorship, networking opportunities, and funding, making it easier to turn your business idea into a reality.

People working together in business high fiving

Quality of Life

Let's not forget about the quality of life in Bloomington! The city has a small-town feel, with a strong sense of community and a range of cultural and outdoor activities to enjoy. From hiking and biking trails to art galleries and music venues, there's always something to do in Bloomington.
Plus, the cost of living in Bloomington is relatively low compared to other college towns, making it an attractive option for entrepreneurs who want to stretch their dollar further. And with a range of housing options available, from apartments to single-family homes, you'll be able to find a place that fits your needs and budget.

People riding bikes on a trail
People at a networking event

Networking Opportunities

Bloomington is home to a thriving business community, with a range of networking opportunities available to help you connect with other entrepreneurs and business leaders. The city hosts a number of events and conferences throughout the year, including the Bloomington Chamber of Commerce's annual Business Expo and the Indiana University Entrepreneurship and Innovation Expo.
Additionally, the city has a number of business organizations and resources, such as the Bloomington SCORE and the Bloomington Women in Leadership program. These groups provide a platform for entrepreneurs to connect, share ideas, and learn from each other's experiences.

If you're ready to take your business to the next level, make Lasiter & Lasiter CPAs your partner and resource for everything tax prep and accounting services!

At Lasiter & Lasiter CPAs, we offer the following services across the United States and in particular, these regions of Indiana: Indianapolis, Greenwood, Southport, Bloomington, Franklin, Beech Grove, and Bargersville.

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