Black Business News | Top Black-Owned Businesses

Friday, March 27, 2020

Meet the Entrepreneur Who Is Teaching Beginners How to Track Stocks

Kevon L. Chisholm, founder of Black Wallstreeter Consultation Services

Kevon L. Chisolm, founder and CEO of Black Wallstreeter Consultation Services, has released two new affordable financial literacy products. The first product is the Stock Tracker, which is a pocket journal geared towards helping people that are new to investing learn how to track their securities. Many psychological studies have determined that the best way for people to learn is by writing things down and reviewing this information periodically. It is the perfect tool for learning about investing, and understanding how the stock market works.

Thursday, March 26, 2020

Tyler Perry Closes His Studios in Atlanta, Halts All Productions

The coronavirus outbreak has affected nearly every business and industry in the country, including the film and television industry. Even filmmaker Tyler Perry has decided to temporarily close his Atlanta-based studios, and stop all projects in efforts to prevent the further spread of the virus.

6 Ways This Entrepreneur is a Modern Day Self-Made Madam CJ Walker

Jeannell Darden, founder of Moisture Love

Jeannell Darden, a Georgia Tech Industrial & Systems Engineer grad, launched her beauty brand, Moisture Love, nine years ago; specifically, because Madam CJ Walker inspired her. Believe it or not, their stories mirror each other in six compelling ways!

Wednesday, March 25, 2020

Single Mompreneur Creates Innovative Online Hair School, Empowering Many to Earn and Learn From Home

Jessyca Marshall, owner of Naturally Beautiful Hair Care

These days, being able to work from home is an asset. With the current global events, it is crucial that individuals and businesses adopt alternative and innovative ways to provide services, reach their clients, spread their messages, learn and earn income. For this reason, licensed social worker and entrepreneur Jessyca Marshall has launched the Microloc Mastery Online Training and Certification program, an innovative online hair school that teaches individuals how to learn her method of creating “Microlocs” - which has been used for over a decade to master the technique of providing small interwoven locs.

Meet the Founder of the Fastest Growing Black-Owned Home Decor Brand

Jojo Pierre, founder of Lakay Designs, is determined to become the first Black-owned and operated home decor brand to fill up to 1 million homes with her unique African-inspired décor and lifestyle products.

Tuesday, March 24, 2020

Byron Allen Loses $20 Billion Supreme Court Case Against Comcast

Byron Allen, founder and CEO of Entertainment Studios Network (ESN), has lost his Supreme Court battle with Comcast. According to Black Enterprise, in February 2015, his company filed a $20 billion racial discrimination lawsuit against the cable giant, but the Supreme Court has ruled in a unanimous decision that Allen was not able to prove that Comcast's decision not to carry his channels was because of race.

Black Chemist Creates Fashion Brand to Celebrate the Beauty of Melanin

Meet Deirdre Roberson, founder and CEO of Eumelanin, a unique fashion brand that infuses science by using the chemical structure of melanin in clothing and jewelry designs. As a real-life chemist and a creative woman of color, Deirdre says her apparel line celebrates and empowers people of color all around the world.

Helpful Resources:

Top Black Business Conferences, Workshops, and Seminars:

Every year, many Black business conferences are held across the country that specifically cater to established or aspiring African American business owners, professionals, authors, bloggers, and more. Literally thousands of people travel to network and do business at such events. These events are usually held in cities like Atlanta, Chicago, and New York, and typically include extensive training workshops, powerful speeches, power networking sessions, grand hall expos, and more. [Find an event to attend...]

Top Black and Minority Business Grants and Funding Opportunities:

From time to time, there are Black and minority business grants available to help African American and other minority entrepreneurs. Sometimes, they grants are offered by major companies, non-profit organizations, and even government agencies. Admittedly, such opportunities can be very difficult to find as many have been discontinued. Others in the past were offered as one or two year programs and did not renew. Despite this, such opportunities are real and are more often offered through local programs compared to national. [Get funded...]

Top Black and Minority Business Organizations:

There are many non-profit Black and Minority business organizations that aim to be of assistance to African American business owners. They are very helpful resources that offer valuable assets including grants, seminars, literature, consulting, and professional networking opportunities. There are also several government agencies that aim to assist minority business owners, including Hispanics, Asians, Native Americans, and even women of all ethnic backgrounds. [Find the right organization for you...]

Top Black Business Magazines, Publications and Blogs:

Believe it or not, there are hundreds of Black business magazines - that is, business-focused magazines that target African American readers. There are also many publications that are focused on professional career development. Some are local, some are national, and some are even international. Many are even available as digital publications via your laptop, tablet or smartphone. There are also many blogs that can be very helpful and resourceful to both aspiring and established Black business owners. [Find a publication that meets your needs...]

Interesting Facts & Statistics About Black-Owned Businesses:

Black-owned businesses accounted for about 28% percent of all businesses in Washington, DC, the highest ratio in the nation. Second, was the state of Georgia, where 20% of businesses were Black-owned, and the state of Maryland, with about 19% in Illinois. The state of New York, however, has the most Black-owned firms at 204,093 but this only accounts for 10.6% of the businesses in the state. Second is the state of Georgia, third is the state of Florida, and fourth is the state of Texas with the most Black-owned businesses but not necessarily the highest ratios. [Learn more...]