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Small Business > Your Business

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What? You’ve Never Watched ‘Shark Tank’?

ABC's reality show featuring entrepreneurs swimming with "Sharks" for capital is must-see TV.

ABC’s reality show featuring entrepreneurs swimming with “Sharks” for capital is must-see TV.

By Alfred Edmond, Jr.

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How to Leave Your Corporate Job and Be a Smart Entrepreneur

As an entrepreneur, freedom must be managed properly and used for true business productivity

As an entrepreneur, freedom must be managed properly and used for true business productivity

By BlackEnterprise.com

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UBR Spotlight: Second Generation Construction Mogul Mamon Powers Jr.

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

This week on The Urban Business Roundtable: Powers & Sons Construction CEO Mamon Powers Jr.;…

By Alfred Edmond, Jr.

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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.

5 Labor Trends Small Biz Owners Need to Know

Preventative action can protect your company from employee lawsuits

According to labor attorney Charles H. Wilson, there are five major issues in the workplace…

By Alan Hughes

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Boris Kodjoe Talks New Role, Family Life and Entrepreneurship

Actor, father and philanthropist balances it all

Actor, father and enterpreneurship advocate Boris Kodjoe stars in latest Resident Evil and talks about…

By Kenya N. Byrd

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Kevan Hall (Image: Dan Lecca)

UBR Spotlight: Award-Winning Designer Kevan Hall

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

This week on The Urban Business Roundtable: Fashion designer Kevan Hall and small business consultant…

By Alfred Edmond, Jr.

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UBR Spotlight: General Mills Baking Products President Anton Vincent

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

This week on The Urban Business Roundtable, UBR contributor Renita D. Young speaks with General…

By Alfred Edmond, Jr.

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It took a trip to Nigeria for Jason Njoku to begin to see success, starting IROKO Partners, the premier source of Nigerian entertainment --- from movies to music. In just two years, the company has become the world’s largest distributor of Nigerian music and movies.

Njoku knows a thing or two about overcoming, having switched gears from a career in science (He holds a bachelor's degree in chemistry from the University of Manchester) to the world of Web by way of several early failures. (He ran a student magazine which folded; a financial blog franchise which faltered; and a t-shirt company that eventually didn't work out.) "My early failures could have--- maybe should have knocked my spirit. But I was determined not to let failure get in the way of raw ambition. I love what I do," Njoku says.

Today, IROKO has reached more than 560,000 registered users in less than seven months and has viewers in 178 different countries. Take a cue from Njoku with these tips for business success in Africa. --- Octavia Goredema

Expanding in Africa: Small Business Tips for Success

IROKO Partners CEO Jason Njoku gives advice on global expansion

Jason Njoku, founder and CEO of IROKO Partners, offers three tips for business success in…

By Octavia Goredema

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Cool Jobs: Jason Njoku Brings Nollywood to International Forefront

IROKO Partners founder talks global expansion, million-dollar deals

From London to Lagos, iROKO Partners founder Jason Njoku offers multifaceted Nigeria entertainment platform to…

By Octavia Goredema

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Loop Capital CEO James Reynolds

Next Generation of Blacks On Wall Street

Loop Capital is helping young professionals break into the lucrative investment banking business

Representation of African-Americans and Hispanics in the investment banking community remains miniscule at…

By Carolyn M. Brown

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