May 27, 2012 2:42 AM • Log InREGISTER

Small Business

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Meet Your Small Business Instructor: James Andrews

For the Black Enterprise Small Business University, sponsored by Dell, social media expert James Andrews…

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Financing

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

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

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

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

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

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

Franchises

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Preview B.E. Business Report: Jamba Juice CEO’s Successful Business Blend

James White, President & CEO of Jamba, Inc. discusses the company’s winning business strategy and…

Former Player Prepares Athletes for Success in Franchising Post-Retirement

Former NFL player Anthony Simmons’ bi-annual Franchise & Investors Show provides pro athletes with tools…

UBR Spotlight: Quick-Service Food Franchise Mogul Ulysses Bridgeman

This week on The Urban Business Roundtable: Quick-service food franchise mogul Ulysses Bridgeman Jr., founder…

Getting Started

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Preview B.E. Business Report: Carol’s Daughter Founder Lisa Price

As the founder of the ever-popular Carol’s Daughter, Lisa Price if a woman of power…

Entrepreneur of the Week: Brandon Smith, Wrist’Ezy

Entrepreneur Brandon Smith introduces Wrist’Ezy, a new invention that eases the discomfort many computer users…

Entrepreneurs Conference: Kim Coles To Help Judge Elevator Pitch Competition

Coles will join The CASHFLOW Founder Magnus Greaves, radio personality and author Michael Baisden and…

Home Based

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Meet Your Small Business University Instructor: Tina Wells

For the Black Enterprise Small Business University, sponsored by Dell, marketing expert Tina Wells offers…

How I Made $100,000 From Home

When Maxine P. Gill was laid off from her job as a sales and marketing…

Entrepreneurs of the Week: Mychal and Adrienne Connolly Mean Business, Baby

How one couple’s for kids led them to launch their new home-based baby business

Tools & Resources

Melinda F. Emerson, aka the Small Biz Lady, founder of Succeed As Your Own Boss (Image: Emerson Corey Cottrell)

Black Blogger Month: Succeed As Your Own Boss, The Small Biz Lady

Known as the Small Biz Lady, Melinda F. Emerson has positioned herself as the force…

2012 Entrepreneurs Conference: Daymond John Tells You How to ‘Date’ Angel Investors

From CEO to ‘Shark Tank’ to Shark Branding, FUBU founder Daymond John shares his business…

Don’t Miss the BE Entrepreneurs Conference: LIVE STREAM!

The Black Enterprise Entrepreneurs Conference kicks off tomorrow, May 23rd in Chicago with panels, networking…

Your Business

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WATCH NOW: Livestream with Tavis Smiley at 2012 Entrepreneurs Conference

Live from Black Enterprise’s Entrepreneur Conference, media personality Tavis Smiley has an honest one-on-one conversation…

Preview B.E. Business Report: Carol’s Daughter Founder Lisa Price

As the founder of the ever-popular Carol’s Daughter, Lisa Price if a woman of power…

UBR Spotlight: Pre-Teen Entrepreneur Maya Penn

This week on The Urban Business Roundtable: Pre-teen Entrepreneur Maya Penn. Also Dr. Antoine Moss…