BE Small Business Archives - Black Enterprise

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Small Business Owners

Small Business Owners Are Earning More and Spending More on Marketing

A new survey by Clutch reveals that 59% of small business owners expect their revenue…

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black finance

To Boost Black Finance, Be a Serial Entrepreneur

If you fail in one business venture, it pays to keep trying

A fascinating new study reveals serial entrepreneurship over opening a single business is the way…

By Samara Lynn

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succession

Business Owners Need to View Their Succession Planning as Their Legacy

Without a formal business succession plan, you are not only putting your business at risk but also risking your family’s wealth and security

Many business owners are discovering that with proactive, purposeful planning, much of the newly created…

By John Campbell

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sunk cost fallacy

Entrepreneurs—Don’t Make This Common Behavioral Mistake Like Everyone Else

You know how you'll wear those painful shoes just because they were expensive? There's a term for that

Avoid falling into the trap of sunk cost fallacy, which can lead to bad business…

By Samara Lynn

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beauty startup

This Is Harvard’s Next Black Beauty Startup

These Harvard graduates are building a business that addresses the unique needs of women of color

The founders of Mented share how they got started and how putting on a “white…

By Maryann Reid

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Diversification

Business Owners Beware the Danger of Diversification

Entrepreneurs must understand the potential risks associated with diversification

Business diversification is good or is it? Jerome D. Love uncovers the hidden dangers of…

By Jerome D. Love

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financial habits

Are You Ready to Start a Business? Recognize the Signs it’s Time to Launch

In business and life, timing is everything. Here's how to recognize the signs it's time to launch your business and what to expect along the way

Building a business is hard, and you need to know when to launch it properly.…

By Jerome D. Love

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buy black

Black Leadership Forum Sparks #BuyBlack Movement In Houston

Here's more about the 7th Annual Houston Black Leadership Forum and Buy Black Weekend

Maggie Anderson (left), Courtney Johnson Rose (center) and Errol Allen (right)Maggie Anderson (left), Courtney Johnson…

By Derek T. Dingle

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Dodd-Frank

Trump’s Roll Back on Dodd-Frank Could Cripple Black Businesses and Borrowers

Communities of color are targets of high-cost, predatory financial products

Donald Trump issued an Executive Order aimed at reducing several requirements in Dodd-Frank. President Barack…

By Carolyn M. Brown

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bee farmer

How This Engineer Became a Bee Farmer and Honey Entrepreneur

Ivy Lawson purchased beehives in Jamaica to create her specialty honey

Here’s how Ivy Lawson went from a career as quality control engineer and software developer…

By Carolyn M. Brown

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side hustle

Mastering the Art of the Side Hustle

If you want your business to be respected as a top-tier company then treat it like one

Check out these 4 fundamental ways to make your side hustle and your money work…

By Danielle D. Hughes

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federal contracts

Cost of Doing Business With the Federal Government on the Rise

Minority-owned firms are investing more time and money seeking government contracts

Each year federal agencies spend billions of dollars purchasing goods and services from small businesses…

By Carolyn M. Brown

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Books

5 Books to Keep From Failing in Business During 2017

Turn your New Year's resolution ideas for 2017 into an actionable plan, with these five insightful must-reads

The New Year is upon us. For many people that means a set of resolutions…

By Carolyn M. Brown

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Cannabis

The Future of Cannabis: 9 Experts Share their 2017 Predictions

With 8 new states legalizing cannabis, to an anti-cannabis cabinet appointment, where is cannabis going and how can we prepare?

The time to get into the cannabis industry is NOW. Take a look at what…

By Sirita Wright

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capital

5 Simple Ways To Raise Capital

Numerous sources are out there in the form of equity, debt, and grants or cash prizes

Learn about these simple ways to raise capital for your small business, whether it is…

By Carolyn M. Brown

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Castrol

Castro Did Business With Black Farmers, Not the U.S. Government

Cuba purchased more than $20 million in goods from black farmers in 2003

As news broke that the former Cuban President Fidel Castro was dead at age 90,…

By Carolyn M. Brown

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growth

This Can Help Your Business Experience Massive Growth

3 keys to collaborating with other businesses

3 ways strategic collaboration with other companies can help your business, revenue, customer retention, and…

By Cameka Smith

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funding

Startup Funding: What Are Your Options?

An expert on startup financing shares the options you have at your disposal for outside funding

Wondering how to attract funding and other sources of outside capital? Here are a few…

By Black Enterprise

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Finish

5 Ways to Finish 2016 Stronger and Better Than Ever

Finish the year off with a bang

Don’t lose momentum! Learn 5 ways to keep the momentum going so that you can…

By Cameka Smith

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money saving

5 Money Saving Tools for Small Business Owners

A roundup of the top digital solutions that can help make your business run more efficiently

Looking for some money saving tools for small business owners? Here’s a roundup of 5…

By Carolyn M. Brown

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How To

change

“The only woman in the room” & how to change that by 2186

With passionate voices working every day to redefine the standard for gender equality, I believe…

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manage

Ask Sheree: How to Manage an Overload of Work

It is very common for a busy professional to feel overwhelmed with their job commitments…

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