Lets Buy Black 365

LETSBUYBLACK MEDIA PARTNERS – Connect S1 E14 Black Model Cities and Shaking up Government from the Inside Out – Mon April 9, 2018 at 8 PM ET

Watch special appearances by Danny Glover, Mayor Ras Baraka, Nataki Kambon, Dr. Ron Daniels of IBW21 and more around Newark as a Model City. See Michael V. Roberts, Willie Barney of Empower Omaha and more talking real solutions and how you benefit with the Marshall Plan. Is Wanda Real? Mayor Ras Baraka, Dr. Ron Daniels, Connect TV S1 E14 Promo Black Model Cities and Shaking up government from the Inside Out

 

 

Highest Percentage Cities with Black-Owned Businesses in the United States

There are several Black owned businesses that are located throughout the United States. These businesses focus vary in the different types of services which they provide, and many of them rank high just as their counterpart owned businesses by White Americans. There are some cities that stand out among the rest for being the cities with the highest percentage of Black-Owned Businesses.

1. Baltimore, Maryland: Baltimore, Maryland is by no surprise at the top of the list for the city with the most owned African-American businesses. Despite the recent riots there are over 35 percent Black-owned businesses in the area.

2. Atlanta, Georgia: It comes as no surprise that Atlanta, Georgia made the list. It is one of the fastest growing cities in the south with newly Black owned businesses popping up almost every day. It made second on the list with 31 percent of the businesses owned by African Americans.

3. Washington, DC: Washington, DC scored 3rd on the list with 28 percent of their businesses owned by African-Americans. With some of the top HBCU schools in the area, this actually comes as no surprise.

4. Milwaukee, Wisconsin: Regardless of what many people think, there are Black people located in the mid-west, and many of them own their own businesses. There are 22 percent businesses in the area owned by African-Americans; this made Milwaukee top the list at number 4.

5. Kansas City, Missouri: Kansas City is second in the Midwest and scored 5 on the list, but there are over 13 percent businesses in the area that are owned and operated by African-Americans.

Other cities that made the list but did not make the top 5 are:

  • Denver, Colorado-4.3%
  • Seattle Washington-3.7%
  • Albuquerque, New Mexico – 2.1%
  • Mesa, Arizona – 2.1%
  • Tucson, Arizona – 1.8%

 

To read more Click or Copy link: http://ontheblacklist.net/highest-percentage-cities-black-owned-businesses-united-states/

Top 10 African-American Owned Businesses

There are about 8 million minority-owned businesses in the United States, according to a 2012 survey by the Census Bureau. Of these, about 2.5 million are owned by African-Americans. African-American-owned firms account for about 10 percent of the approximately 27 million in total of U.S businesses. These black-owned firms raked in more than $185 billion in gross receipts and had more than a million people on their payrolls, the Census Bureau reports. This compares to total gross receipts of $1.6 trillion for all minority-owned firms, and $33.5 trillion for all U.S. firms.

Here’s a look the top revenue of these black-owned businesses for 2014, by revenue, based on a ranking by Black Enterprise magazine. Several of these firms are suppliers to the automotive industry, while there are also a few enterprises in the food services industry. (See also: Auto Parts Suppliers Benefit From Growing DIY Trend.)

  1. World Wide Technology, Inc., a Maryland Heights, Mo-based IT products and services firm, was started in 1990 by David Steward, who remains chairman of the board. This firm enables its customers to implement technology. With more than $6 billion in revenue at the end of 2013, the firm employs about 3,000 people.
  1. ACT-1 Group, Inc. a business founded by Janice Bryant Howroyd in 1978, is a global firm that helps other businesses manage their workforce and employment needs. Based in Torrance, Calif., the firm started off as an employment agency. As of 2013, the firm employed more than 2,000 people and its revenues were about $2.2 billion.
  1. Bridgewater Interiors, LLC a Detroit-based firm, is in the business of supplying automotive parts. Founded in 1998 and led by CEO Ronald Hall, Sr., the firm is a joint venture between Epsilon Technologies and Johnson Controls, Inc. With an employee base of about 1,500, the firm generated $1.5 billion in revenue at yearend 2013.
  1. Modular Assembly Innovations LLC is another firm in the automotive parts manufacturing business, Modular Assembly Innovations is based in Dublin, Ohio, with CEO Billy Vickers at the helm. The firm employs about 250 people and enjoyed revenues of about $1.2 billion at the end of 2013.
  1. Manna Inc., a Louisville, Ky.-based company makes its money as a fast food franchise business. Led by CEO Ulysses Bridgeman, Jr., this firm is now the second-largest Wendy’s franchise owner in the United States, according to Louisville Business News. Employing about 14,000 people, the firm enjoyed revenues of about $630 million in 2013.
  1. The Anderson-Dubose Company is another black-owned firm whose success is based in the food industry. This Lordstown, Ohio-based firm is engaged in the business of providing food and paper supplies to McDonald’s and Chipotle restaurants. Under CEO Warren E. Anderson, the firm employed about 400 people and generated about $545 million in revenue in 2013.
  1. Detroit-based Global Automotive Alliance, LLC an automotive parts supplier, started off in 1999 as an alliance of participating companies that did business with automobile manufacturers. Under CEO William F. Pickard, the company employed about 1400 people and made about $520 million in revenue as of 2013.
  1. Reston, Va.-based Thompson Hospitality is in the food services and restaurant business, providing contracted food services to corporations and also running its own restaurants. CEO Warren Thompson started off in 1992 by buying up 31 restaurants. As of 2013, the firm employed more than 4,000 people and had about $485 million in revenues.
  1. While Radio One, Inc. (ROIAK) is a publicly traded company with a market capitalization of about $90 million, listed on the NASDAQ exchange, Black Enterprise reports that the majority of the company’s voting stock is held by African-Americans. This Silver Spring, Md.-based company is primarily in the radio broadcasting business, with African-Americans as its core target audience.The firm, whose CEO is Alfred Liggins, III, employs more than 1,000 people. In 2013, the firm’s revenues were about $450 million.

10. Based in Warren, Mich., SET Enterprises, Inc., provides metal processing services. Its customer base is primarily in the automotive industry. Under the leadership of CEO Sid E. Taylor, the firm employed around 400 people and generated about $400 million in revenue as of 2013.

Another black-owned business to watch, even though it is not big enough right now to make the Black Enterprise list, is Patti LaBelle’s food empire. LaBelle’s sweet potato pies have been selling very fast this Thanksgiving season, generating about $1 million in sales at Walmart stores just over one November weekend. Also of note, Harpo Productions Inc. is a multimedia empire founded by renowned entrepreneur and celebrated media celebrity Oprah Winfrey.

 The Bottom Line

Black-owned businesses account for about 10 percent of U.S. businesses, and about 30 percent of all minority-owned businesses. Looking at the top 10 black-owned businesses by revenue, a number of these firms find their success in the automotive supplies niche and the food industry. Most of these firms were established in the last few decades, and many are still led by their entrepreneurial founders. Annual revenue of these top 10 firms ranges from a high of $6 billion to a low of around $400 million. Most of these companies are based in the Midwest, South, or Washington, DC metropolitan area, with an exception being ACT-1 Group, Inc based in Torrance, California and founded by notable female entrepreneur Janice Bryant Howroyd. Other remarkable black female entrepreneurs include Patti LaBelle and of course Oprah Winfrey, one of the most powerful and successful media entrepreneurs in American history.

To read more click or copy link: http://www.investopedia.com/articles/markets/121615/top-10-africanamerican-owned-businesses.asp

“Proof of Consciousness” (P.O.C) the Host of REVIVE!!! 6/28/2017

Today’s REVIVE show topic is entitled:

“MONEY TALKS”

#Debt #Budgeting

#FinancialLiteracy

#Investing

I need you all to be apart of the conversation!

#Revive

#POC

It would be amazing to hear your perspective. So please call in we want to hear what you guys out there have to say always. Once again this show is for the people. We here at REVIVE thrive off of communication. So call us at (215)490-9832. This episode of REVIVE will be an open forum so all perspectives can be heard through great conversation.

This episode on REVIVE is entitled “MONEY TALKS” we will be discussing  banking basics, the importance of budgeting, financial literacy, investing, and more! Join us as we discuss this different hot topic it would be amazing to hear your perspective.

GUEST:

James Harris: James Harris is a Philadelphia native who studied accounting at the University of Phoenix, plus various certifications related to tax accounting and insurance. He has been self-employed for over 35 years as small business owner, launching his first business at 12 years old. Mr. Harris, provides personal insurance products, tax accounting, small business accounting services, coaching and consulting to small business owners and start-ups. His current projects include launching an educational-based non-profit to serve Pre-K children and their families. Consulting with start up Non-profits to navigate business formation and qualify for 501(c)3 status with the Internal Revenue Service along with Consulting with health professionals.

Tabitha Russell: Also known as Tab Money hailing from Glenarden, Maryland serves the youth and the earth, day in and day out! She holds a Undergraduate degree from Salisbury University and a Graduate degree from Towson University, and she serves as the Co-CEO of CollegeBound Entertainment! She engages the youth at every chance and continues to press the issues that plague the generations before her. Inspired by the likes of Fred Hampton, Angela Davis, and Dame Dash, the 26-year-old quadruple threat has a love for all people but loves her people and culture the most!

Khadija Bingham: Khadija Bingham is a young millennial, living in New York City, using her experiences to fulfill her passion of helping others. Khadija is the founder of Money Honey Co, a brand whose mission is to cultivate conversations around personal finance, career development and the path to becoming your best self. Currently, Khadija works for a Wall St. firm in an accounting function and holds degrees in both finance and accounting from the Pennsylvania State University.

YOU CAN CATCH REVIVE EVERY SUNDAY 11 AM-1 PM & EVERY WEDNESDAY 8 PM-10 PM!!!  

It would be amazing to hear your perspective. So please call in we want to hear what you guys the listening audience out there have to say always. Once again this show is for the people. We here at REVIVE thrive off of communication. So call us at (215)490-9832  & follow on Twitter and Facebook @REVIVE_POC !

 WE NEED YOU ALL TO BE APART OF THE CONVERSATION!!

 

10 Ways To Support Black-Owned Businesses

According to the U.S. Census Bureau’s most recent survey of business owners, there are 2.6 million Black-owned businesses in this country. While the growth is encouraging, gross receipts for all minority-owned firms are still well below the average gross receipts for non-minority-owned firms. A huge problem is that despite a collective buying power of $1.3 Trillion dollars, very little of that money stays in Black communities or is spent on Black-owned businesses.

Brooke Stephens’, author of Talking Dollars and Making Sense,” research has found that a dollar circulates in Asian communities for 30 days, in Jewish communities approximately 20 days, and in white communities 17 days. In contrast, a dollar circulates in the Black community only six hours.

According to Maggie Anderson, just 2 cents of every dollar an African-American spends in this country goes to Black-owned businesses.  In her book, Our Black Year: One Family’s Quest to Buy Black in America’s Racially Divided EconomyAnderson recounts her experiences patronizing Black-owned businesses while highlighting the challenges many Black businesses face (Black businesses lag behind all other businesses in every measure of success).

Research has found that if higher-income Black consumers spent at least $1 out of every $10 with Black-owned businesses, it would generate one million jobs for African Americans.

Knowing how much of an impact supporting Black business can make, how do we go about supporting them?

9. Shop Online

In the internet age we live in there are plenty of online marketplaces to shop. Whether you find the stores through Google, some other search engine, or Etsy, there are black-owned stores that cover everything from hair products to clothing.Black Business Directories and Online Groups

There are several black-business apps and online directories that will help consumers locate black businesses. They provide real-time information on businesses ranked by referrals and reviews. There are also several Facebook and LinkedIn Groups dedicated to promoting black-owned businesses and providing a platform for entrepreneurs to network.

8. Social Media

Social media not only gives us access to many opportunities that might go missing in a normal online search, but it allows us to spread the word to like-minded individuals with literally the push of a button. Facebook, twitter, and Instagram alone account for at least two hours out of most of the population’s time every day. This is free marketing, a reliable review from a trusted source (yourself) to people in your circle, and it all it takes is a tweet or repost. There are popular hashtags being promoted to show support of black-owned enterprises.

7. Chamber of Commerce

This step will take a little bit of effort but it’s worth it in the end especially if you happen to be a business owner. Your city’s Chamber of Commerce or The National Black Chamber of Commerce can be used to find local business and who owns them. Most Chambers’ membership list can be searched for free. However, if you’d like to join there is usually a fee. The Chamber usually holds meetings and networking events where business owners get together to network and build relationships. Partnerships, business relationships, and referrals are common among members.

 

6. Find a business you like

No one is saying buy everything black and only black. As ideal as that would be, it’s highly impractical. If you could find a few items that you could buy on a regular bases from a one or more local shops or online, you could save money on gas for one and you’d be making a difference. But keep in mind, it’s never a bad idea to go out of your way to support black-owned businesses, even if it means taking a long drive.

5. Consider Specialty Shops

Think about some things that may be more specific to a black business. Whether seasonal or on a regular basis there are usually some things that may be more difficult to find if you’re an African American. Certain hair product, foods, cultural items and even services aren’t very easy to come by. Black businesses offering goods and services specific to the diaspora, rely one hundred percent on black consumers.

 

4. We all go to the doctor

By taking a little time to research or ask for a referral for an African American doctor, you can make one decision that will support not only a black business but the community as a whole. We all look for the best doctor we can find black, white, or other. If we want our kids to grow up and be doctors one day, we should hope that they’d have some patients as well. Just a quick FYI, African Americans make great doctors too. Just ask Ben Carson. Well, maybe not.

3. It takes a village

For many households, there usually comes a time when a babysitter, petsitter or a caregiver for our elders is needed. There are plenty of neighborhood daycares starting up as small businesses. You can also find reputable caregivers and senior homes owned by minorities.  Young college students are in dire need of part-time work on weekends and nights. Many have gone into business for themselves as sitters. Passing off your children or pet for a few hours to a responsible young adult would make both of your lives easier.

2. Think Maintenance

How many times have you gone to Midas, called a tow truck, or needed repairs around the house? According to the US Census Bureau, 20% of black-owned businesses are in the repair and maintenance industry.

he purchase anyway. So, why not give the money to a business that needs it and will make a difference?

1. Think small

The say, “The journey of one-thousand miles begins with a single step.” If that’s true, 43 million African Americans taking one step in accord with one another can cover a lot of ground fairly quickly. You don’t have to do all your shopping black, but making one dedicated purchase in one place will make a big difference.

Small Steps.  Big Results. So, how small is a small step? Next time you need beauty supplies, try to find a BLack-owned beauty supply store first. Nine out of 10 times, the stores usually frequented are owned by a minority group – who owns a shop in our community – but lives somewhere else. They earn substantial revenue in Black communities; if they didn’t, they’d open the shop in their community. You were going to make the purchase anyway. So, why not give the money to a business that needs it and will make a difference?

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Guest: Activist, Organizer Sister Nataki K of Let’sBuyBlack365

Time For An Awakening” guest for Sunday 12/13/2015 at 7:00 PM (EST) 6:00 PM (CST) will be Activist and Organizer, Sister Nataki K of Let’sBuyBlack365.com

Tune in for two hours of news, information and engaging dialogue. Tonight we’ll get information from our guest about how and why you can and should get involved with a grassroots Black economic empowerment movement to empower Black people through committed Black owned businesses that create jobs, resources and fuel our communities as they grow.

From the need to develop a new mindset in our communities, to our economic empowerment, the solution to these problems must come from us. Let’s also talk about some solutions. You can join us and be part of the conversation on this and other related topics. Information, insights and dialogue from a Black Perspective.

Click here for the Live Broadcast @ 7PM EST!

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