June 19, 2013 2:17 PM • Log InREGISTER

Small Business > Financing

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Preview ‘B.E. Business Report’: In the ‘Shark Tank’ with Daymond John

This week on Black Enterprise Business Report, it's all about the entrepreneur as host Caroline Clarke interview Shark Tank's Daymond John

This week on Black Enterprise Business Report, it’s all about the entrepreneur as host Caroline…

By Andrew Wadium

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Turning Athletes Into Angel Investors

Angel Venture Forum launches program designed to help keep millionaire sports professionals from going broke

Pro Athletes Receive Training on How to Become MVP Investors

By Carolyn M. Brown

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RAISE ENOUGH MONEY BEFORE OPENING FOR BUSINESS

Redding opened up Amy Ruth’s in 1998 with a $73,000 investment and it went on to become a $3 million company. While that achievement is to be lauded, under further inspection it should also to be avoided because Redding launched his business undercapitalized, a trend that he believes is all too common for many African American-owned businesses. “As Black people we always end up opening businesses underfunded,” he notes. “Due to that we rob Peter to pay Paul and don’t pay taxes or purveyors or utilities. Redding knew that opening his latest restaurant would mean securing enough funding—$2 million to be exact. The only way he was able to achieve that round of fundraising was by revising his business plan, something that he recommends for every entrepreneur looking to start over. “You have to put your new business together with a solid business plan so that you can get proper funding.”

3 Tips for Raising Venture Capital Funding

With SendHub's recent $2 million seed funding score making headlines, the company's co-founder Garrett Johnson provides three tips for securing venture capital support

Garrett Johnson, co-founder of SendHub, discusses how he raised $2 million from venture capital firms,…

By Terrance Gaines

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How to Negotiate a Line of Credit

For most construction companies, winning a bid on a contract is just the beginning, since…

By Carolyn M. Brown

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Entrepreneurs Conference: Inside Tips From ‘Shark’ Daymond John On Tapping Angel Capital

The multi-millionaire businessman, author, and star of ABC’s "Shark Tank" tells budding entrepreneurs how to hook private investors

Daymond John, founder of FUBU and co-star of ABC’s Shark Tank, and Minority Angel Investor…

By Carolyn M. Brown

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Entrepreneurs Conference: 5 Keys To Sourcing Capital for Your Tech Company

Black tech companies from the popular NewMe accelator program tell startups how to go after their fair share of equity financing

NewMe co-founder Angela Benton, CEO of Black Media Web, L.L.C., along with NewMe participants Hank…

By Carolyn M. Brown

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Entrepreneurs: Learn How to Raise (and Balance!) Money for Your Business

Register for the Black Enterprise Small Business University NOW and learn how to build, fund, grow and lead your business to success!

Register for the Black Enterprise Small Business University NOW and learn how to build, fund,…

By Elayne Fluker

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Accessing Fresh Capital Sources

Right now, all sorts of nonprofit causes and entertainment projects can receive cash donations from…

By Carolyn M. Brown

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Free!!! Books of the Week – Small Business Guides

Do you own business? Or are you someone who would like to budget their money…

By Sasha King

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Four small businesses earned $125,000 in business grants by winning the 12th Annual MillerCoors Urban Enterprise Series (MUES) Business Plan Competition. The businesses were honored at a winners reception at MillerCoors headquarters in Chicago on March 9, featuring a keynote address from FUBU Founder and ABC-TV business reality show Shark Tank star Daymond John.

Urban Entrepreneurs Win $125,000 In Business Grants

MillerCoors Urban Enterprise Series winners honored with a keynote address from FUBU Founder and Shark Tank Star Daymond John

Four small business owners earned $125,000 in business grants by winning the latest MillerCoors Urban…

By Alfred Edmond, Jr.

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