Closely held businesses are critical to the vibrancy of Indiana’s economy, with around 2.5 million employees statewide—more than one-half of the state’s workforce. The state counts more than 150,000 closely held businesses with employees and another 390,000 closely held businesses that are solely owned with no other employees.
A critical aspect of a closely held firm’s long-term vitality is having access to stage-appropriate advisors who can help a company by identifying critical questions that might be overlooked, accessing necessary resources to safeguard the firm’s future, and working to ensure the company’s desired growth trajectory.
Butler’s Old National Bank Center for Closely Held Business educates firms through meaningful information sessions and connections with trusted advisors, as well as introductions to other firms facing similar challenges. Finally, the Center advances Indiana’s closely held businesses by providing access to the information and expertise they need to successfully grow their business.
Butler’s Old National Bank Center for Closely Held Business is more than a resource for closely held businesses in the region; it is an engine of economic growth for this critical segment of Indiana’s economy.