Business Resources in Wabash County
Grow Wabash County serves as a clearinghouse for business information and as a connector to get you to the right resources to ensure your business will thrive in Wabash County. Services we directly provide include entrepreneurship courses
aimed at helping businesses start or expand, small business loans
for your untraditional small business loan needs, help with site selection
and determining zoning requirements.
If you have any questions regarding starting or expanding a business in Wabash County please contact us
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the U.S. Small Business Administration
has a guide packed with a variety of resources to help you launch and grow your business from the ground up.
is offered free of charge through the Northeast (NE) Indiana Small Business Development Center
every 3rd Thursday by appointment at the Grow Wabash County office located on the 2nd
floor of City Hall, downtown Wabash. To get your business related questioned answered or for market research assistance set up an appointment by email
or call (260) 563-5258.
offers free one-on-one mentoring, either in-person or online, for both new and existing businesses. SCORE mentors deliver valuable, timely, and practical advice to help your business open new markets, reach new customers, and achieve new goals.
Determining a business name
is critical and you will need to check name availability
and register with the Indiana Secretary of State.
Determining the legal structure of the business
can be complex as there are s
everal types of legal business structures in the state of Indiana (Sole Proprietorship, Partnership, Corporation, and Limited Liability Companies). Assistance on the structure that suits your business can be sought from business assistance organizations, local attorney
. Your choice of legal structure will affect your income taxes and personal liability. More information can be found at the Indiana Secretary of State’s step-by- step start a business.
Create a Business Plan
or roadmap to show where you are in relation to where you want to be. Many businesses fail without a business plan and lenders require one prior to consideration for a loan. There are several routes to completing a business plan such as: traditional business plan, completing a Business Canvas, a simplified one-page business plan, or calling on experts to get tools and advice. The Small Business Development Center, SCORE, and Grow Wabash County’s Co.Starters entrepreneurship course can assist you with this process.
Financial tools and Management
Today you may have many types of financial lending options.
Small Business Administration (SBA) Loans
are a great way to finance your small business because they are guaranteed by the federal agency, which allows lenders to offer flexible terms and low interest rates. Getting one can help grow your business without taking on crippling debt. SBA loans are small-business loans guaranteed by the SBA and issued by participating lenders, mostly banks. The SBA can guarantee up to 85% of loans of $150,000 or less and 75% of loans of more than $150,000. The agency says its average loan amount was about $375,000 in 2016. The program’s maximum loan amount is $5 million.
Local Lenders Offering SBA Loans:
Get Tax Information
Several types of taxes may be levied on businesses including income tax, employment tax, and other fees.
- Indiana State Taxes
(Sales Tax Certificate, Corporate Income Tax)
- County Taxes (tangible –physical- business assets):
Wabash County Treasurer’s Office | Wabash County Courthouse
1 W Hill St Wabash, IN 46992 | (260) 563-0661 ext. 1259
Business Hours: 8 am – 4pm (Monday – Friday)
Business Licenses & Permits
Certain types of businesses must hold special city permits or licenses. Certain licenses may also be required through the State of Indiana. To find out what licenses are required, please contact:
A building permit will be required when building any new structure or whenever adding square footage to an existing structure. Standard permits are $0.05 per square foot not to exceed $250 plus special variances and exception fees. All buildings requiring state approval will also need a county permit, at no additional charge. For more information contact the Plan Commission
or stop by at the county courthouse located 1 W Hill Street Suite 205 Wabash, IN 46992.
City of Wabash Building Department
Kipp Cantrell, Code Enforcement Officer - firstname.lastname@example.org
Jim Straws, Building Commissioner - email@example.com
North Manchester Building Commissioner
Steve Shumaker, Building Commissioner - firstname.lastname@example.org
Wabash County (not within Wabash or North Manchester) Plan Commissioner
Mike Howard, Director - plandirector@wabashcounty.IN.gov
Employer ID Numbers (if you intend to employ staff)
Employers that plan to hire employees need to register as an employer, pay additional taxes, withhold, match, submit employee withholdings, and obtain worker’s compensation insurance. Contact the Internal Revenue Service
online or call (800) 829-3676.