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Small Business

Accelerate your payments and delay your collections. Towards the year end, purchase any needed supplies and delay any collections. Purchasing supplies will lower your profit thereby reducing the amount of taxes paid in the current year. Delaying collections will lower your income level, thereby reducing the tax amount owed in the current year. Although the taxes will not be assessed in the current tax year, they will be delayed to the next year. “I definitely do caution business owners because, if they spend too much at year-end, in January, some companies, they’re struggling to make payroll,” says Robbie Hampton. However, this strategy really only works when the company is profitable.

10 Year-End Small Biz Tax Tips

These measures can help save your business time and money

These end-of-year measures can help save your business time and money

By Alan Hughes

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SLR Contracting CEO Sundra L. Ryce

UBR Spotlight: SLR Contracting CEO Sundra Ryce

More on the entrepreneurs, business strategies and economic news on The Urban Business Roundtable

This week on The Urban Business Roundtable: Sundra L. Ryce, the CEO of SLR Contracting…

By Alfred Edmond, Jr.

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Is Your Product Viable? 5 Questions You Need to Ask

Before forging down the path of entrepreneurship, ask yourself these five key questions

If you’ve decided to pursue the path of entrepreneurship by introducing a new product to…

By Tracy Foster

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Hains left the international runways into role of cleaning service entrepreneur. (Photo: Hains)

Model Walks off the Runway Into Green Home Cleaning Business

Eco-friendly niche gives entrepreneur competitive edge in the industry

Former model Deanna K. Hains switched gears from the glam world of fashion into the…

By Souleo

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money

7 Ways to Avoid a Cash Flow Crunch

Dodging these pitfalls can help your small business finances

Too often, small businesses end up in a cash flow crunch because the need to…

By Alan Hughes

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Photo by Michell Kearny

Pure Success

Careful planning and research are the right mix for makers of all-natural hair and skin products for children

There are plenty of products on shelves geared toward African American adult women with natural…

By Malecia S. Walker

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During the 41st Congressional Black Caucus Foundation Annual Legislative Conference, Congressman Hansen Clarke of metro Detroit hosted a panel entitled, “Social Media and Entrepreneurship” on September 23, 2011.  One of the action items from the panel was to create a ‘Social Media + Entrepreneurship Resource List’ that entrepreneurs could use to grow successful businesses.  Below, you will find a comprehensive resource list of third party apps, blogging, financial, calendar, and mobile tools that entrepreneurs can utilize immediately. —Compiled by Hajj Flemings and Wayne Sutton

36 Top Social Media & Online Tools for Entrepreneurs

The best social media tools to grow your business

Tech experts Hajj Flemings and Wayne Sutton compile a comprehensive list of tools and resources…

By Hajj Flemings

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5 Steps to Making Sure Your Business is Fundable

Use these strategies to ensure you can sell investors on your project and get the money you need to move your business forward.

Use these strategies to ensure you can sell investors on your project and get the…

By Pete Chatmon

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UBR Spotlight: A10 Solutions CEO Leah Brown Achieves Clinical Success

More on the entrepreneurs, business strategies and economic news on The Urban Business Roundtable

This week on The Urban Business Roundtable: Leah Brown, the CEO of A10 Solutions Inc.…

By Alfred Edmond, Jr.

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Entrepreneur of the Week: Carmyn Robey Promotes Healthy Lifestyle

After making serious lifestyle changes about her weight, Carmyn Robey now helps others do the same

Severely overweight as a teen, entrepreneur Carmyn Robey dropped 140 pounds and turned her life…

By Brian Dawson

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UBR Spotlight: Digital Marketing Mastermind Tynicka Battle

More on the entrepreneurs, business strategies and economic news on The Urban Business Roundtable

This week on The Urban Business Roundtable: Marketing industry entrepreneur Tynicka Battle, founder and CEO…

By Alfred Edmond, Jr.

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Photo by Greg Plachta

Prescription Pipeline

A10 Clinical Solutions’ CEO Leah Brown turned her pain into a thriving enterprise

It was early in her career, but Leah Brown was doing well. At age 24,…

By Alan Hughes

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Mudslinging in politics and the press makes it a challenge to learn the facts about President Barack Obama’s record so far in office.  You would think that healthcare policy is the only area in which he has had an impact.

Being a business owner and concerned citizen, and knowing that entrepreneurship and business growth are ultimately going to be the driving forces of new job creation, I decided to go on a fact-finding mission to learn more about what President Obama has done for entrepreneurs and small business.  Here are five facts that we never hear about in the mainstream press. —Felicia Joy

5 Ways President Obama Has Helped Entrepreneurs

Don't be fooled by the headlines, the commander-in-chief supports small business

While many focus on the President’s healthcare policies, he has also made great strides in…

By Felicia Joy

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Every small business owner should position his or herself as a thought leader in their industry or arena of business. Launching a business blog can be an important part of any successful entrepreneur’s business strategy to help meet their business goals. The Internet is driven by links and every blog post is a unique listing in Google, so it’s time to establish social proof of your business acumen by blogging. While blogging has been around for a while some don’t know the intricacies of being successful at it. Here are eight basic tips to get you started on the right track. —Hajj Flemings

8 Blogging Basics for Small Business Owners

Starting a blog is only the first step, here's what you need to make it a successful business

Blogging has become an important part of promoting a business. Here are key steps in…

By Hajj Flemings

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ROBERT “BOB” JOHNSON 	Princeton University 	MA, Public/International Affairs 	Class of ’72   Johnson is the founder of Black Entertainment Television [BET], which launched in 1980. Starting as just a two-hour program, BET developed into a nationwide television channel, becoming the first African American owned company to be acknowledged by the New York Stock Exchange in 1991. After selling the all-Black television network to Viacom in 2001, Johnson became the first African American billionaire.

UBR Spotlight: Master Entrepreneur Robert L. Johnson

More on the entrepreneurs, business strategies and economic news on The Urban Business Roundtable

This week on The Urban Business Roundtable: master wealth builder Robert L. Johnson, chairman of…

By Alfred Edmond, Jr.

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WATCH: How One Black-Owned Small Business Survived September 11th

M.R. Beal CEO Bernard Beal tells how his financial services business rebuilt in the days after Sept. 11, 2001--what he did well and what he'd do differently

M.R. Beal CEO Bernard Beal tells how his financial services business survived in the days…

By Kahliah A. Laney

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(Image: ThinkStock)

3 Leadership Lessons You Can Learn From 9/11

Even in the greatest tragedy to befall America we can learn valuable lessons of perseverance in business

The aftermath of 9/11 also offers valuable lessons in leadership. In reviewing our archives related…

By Derek T. Dingle

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Entrepreneur of the Week: Brittany K. Earls Makes Her Mark in Print

The 'Genesis' magazine founder defies a global media recession in pursuit of publishing mogulhood

Genesis Magazine’s Brittany K. Earls defies a global media recession in pursuit of publishing mogulhood

By Brian Dawson

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Preview B.E. Business Report: Joshua Suggs & Corretta King

Also: Richard Dent III of Victoria's Secret PINK; investment tips for 2011

Joshua Suggs and Corretta King, the co-founders of Delta’s Restaurant, are the featured Entrepreneurs of…

By BlackEnterprise.com

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David Moody #276

UBR Spotlight: Construction Co. CEO C. David Moody Jr.

More on the entrepreneurs, business strategies and economic news on The Urban Business Roundtable

This week on The Urban Business Roundtable: Charles David Moody Jr., the CEO of C.D.…

By Alfred Edmond, Jr.

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How To

hire talent

How to Hire Talent That Will Complement Your Team and Culture

People make the difference. You can have incredible systems and procedures in place, the right software…

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grief

How to Deal With Grief While at Work

Regardless of where you live in the world, all of us in some way have…

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