Tuesday, March 28, 2023
Black Business Boost
Top Stories

Black Buying Power To Reach $1.3 Trillion By 2017

Black Buying Power

That’s Trillion with a T! According to the Nielsen study titled “Resilient, Receptive And Relevant,” “Black buying power continues to increase, rising from its current $1 trillion level to a forecasted $1.3 trillion by 2017. Black buying power has seen an 86 percent increase since 2000 and accounts for 8.7 percent of [...]

September 21, 2015 Brian Uncategorized 28

Janice Bryant Howroyd Builds First Black-Owned Billion Dollar Business


Janice Bryant Howroyd, 62, founded her multi-billion-dollar staffing firm, ACT-1 Group, in 1978. Over 30 years later, the company has over 75 offices across the country. Though she grew up in a “harsh and ugly” segregated community, Howroyd says she “moved forward” rather than let her circumstances hold her back. That’s something [...]

September 19, 2015 Brian Uncategorized 4

The Top 6 Reasons Black Businesses Fail

Sorry We're Closed

According to U.S. Census data, new Black-owned businesses are being started at record paces. Between 2001 and 2014, Black-owned businesses grew at a rate that far outpaces any other racial group. Unfortunately, the downside to this rapid growth in new Black-owned businesses has been a record number of business failures. [...]

September 15, 2015 Brian Entrepreneurship 15