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Increasing Black Wealth And Economic Mobility

AFRICANGLOBE - Wealth is crucial for mobility. A family with a house and some investments can give its children a good start in life, a boost up the ladder, as it were, and eventually pass their property, real and financial, onto those children. Most White families are able in this way to help their children to eventually surpass them in income and wealth. With Black families it is another story.

Black Business Ownership Culture Needed – Dr Henry Lowe

AFRICANGLOBE - Black Jamaicans need to create a culture of business ownership similar to the Chinese and Indians, reasoned scientist and business owner Dr. Henry Lowe.

Do You Have What It Takes To Be An Entrepreneur?

AFRICANGLOBE - If you're thinking of taking the entrepreneurial plunge, it's important to know to what it takes to be successful before you make what could be the biggest financial and emotional commitment of your life. Here are five ways to know if entrepreneurship may be right for you.

Financing A Franchise: How To Do It Right

AFRICANGOBE - Establishing a business requires the investment of a great amount of time, effort and money. Most potential franchise owners do not have the capital needed to launch and run an enterprise effectively, and therefore rely on borrowing.

Promoting Black Entrepreneurship In Baltimore

AFRICANGLOBE - A new research study looked at data from urban centers around the U.S. and found that in areas where Black individuals were increasing their business ownership, there were positive results beyond the business bottom line.

Nearly Half Of All African American Families Have No Savings…At All!

AFRICANGLOBE - African Americans win the prize for being the largest group of Americans with no emergency money on hand. According to Neighbor Works America survey in its second-annual consumer finance report, approximately 34% of Americans don’t have any emergency savings and 25% of Americans have only enough to support themselves for a month.

Franchises Create Business Opportunities For Blacks

AFRICANGLOBE - “One of the good things for African-Americans is we are big consumers. But how much do we really own?” “We need to flip the switch or flip the script ... and say, ‘I want to build my legacy and my legacy to my family is wealth generation and not generational debt.’

Employment Situation Improves In October–Except For Black Americans

AFRICANGLOBE - The employment situation in October improved in every way for most Americans, except for African Americans, according to data from the Bureau of Labor Statistics (BLS).

Business Ownership Vital to Success of the Black Community

Often we hear that most small businesses fail because of a lack of capital.  We hear the tails of woe, and some are quite...