Small business legislation moving through Indiana government

Across the United States, small businesses that make up the backbone of the economy. Running any organization is challenging, but many local governments are looking to help these kinds of companies thrive.

A recent article from Inside Indiana Business covered the most recent developments of a piece of legislation that is making its way through the state government. Authored by State Representative Mark Messmer, the bill focuses on young entrepreneurs.

House Bill (HB) 1332 takes several different initiatives and organizations including the Young Entrepreneurs Program, Small Business Development Center and Small Business Ombudsman and combines them into single entity known as the Office of Small Business and Entrepreneurship (OSBE).

The legislation was passed by the state Senate with a 49-0 vote. Now it sits on the desk of Governor Mike Pence, awaiting his signature to become law.

"The OSBE is another example of how Indiana is working to bring more efficiency to government and focus on the needs of our small businesses," Rep. Messmer told the news source. "Small businesses are the backbone of the Hoosier economy, and this is just one step in our continued efforts to make Indiana the best place in the country to start and grow a business."

He went on to say that the entrepreneurial spirit is one of the most valuable traits that can be encouraged as it teaches organizations to be self-sufficient and build their own success.

As companies start to take advantage of this law, the use of business management software and other systems will become more important.