Black-owned businesses across the U.S. are seeing a sharp rise in demand due to the Black Lives Matter movement. For some of these companies, managing the sudden increase represents an unprecedented challenge.
In June, more people opened accounts with the largest Black-owned bank in the country, Boston-based One United Bank, than in all of...
Coming up with a new idea with huge potential is only half the battle. Equally important is finding one that fits you.
As an adviser to entrepreneurs, one of the most common requests I get is for an evaluation of people’s next startup idea.
If you have a business, you have overhead costs. Whether you work alone or have a staff of 50, overhead expenses are a part of doing business. Learn what overhead costs are, the different types of overhead your business may have, and how you or your bookkeeper can learn to easily calculate them.
Do you remember your first job offer? Mine came from a musical instrument store while I was in high school.
The offer letter listed my start date and my hourly pay, also called a gross wage rate. Knowing I’d soon get paid $8.25 an hour -- then the New Jersey...
Throughout this pandemic, you’ve probably had quite a few questions cross your mind. I know I have. Some of these questions might even be defining moments for your business’s future.
So, what are the answers to the questions business owners are asking?
The first challenge facing startups in America, Europe and the rest of the world is to survive the pandemic. Not many have survived, and many others have hibernated while the storm has lasted. The fortitude to restart after such a huge blow can be even harder to come by than the fortitude they needed...
Small-business owners are struggling to stay afloat as coronavirus cases spike in many parts of the country — even with stimulus aid from the government.
Despite that, worker headcount among small businesses was nearly…