Minority Business – Minority Owned Business

“Who else wants to take advantage of this Explosive new lending technique that has the power to net business owners $200,000 in financing in 90 days! Yes, even in this CREDIT CRUNCH?” Have you ever heard the old saying “It takes money to make money”? Well I’m living proof that it’s not entirely true. In fact, the truth is this: “It takes OTHER PEOPLE’S money to make money.” Rich people in this world know that. Which is why they don’t use their own money to expand their wealth. They use someone else’s money. It’s a powerful tool. But do you have to BE RICH in order to BORROW LIKE YOU’RE RICH? And do you need excellent credit to borrow like a rich person? No, and no. Are you surprised? Then you’ll love the rest of this detailed report. Keep reading. Before I go on I want to address a major issue we hear about almost every day, and that is poor personal credit. Let me tell you right up front why your personal credit is NOT that important. It’s because under my system, your BUSINESS gets loans. Not you. And that’s why your business credit is what matters. Not your personal credit. But more on that later. Back to the report: How many times have you had a business idea or wanted to expand an existing business and thought to yourself “If I just had the money to get it off the ground, then [fill in the blank].” Believe me, I’ve been there too. Far more times then I would care to admit. But now? Well let’s just say I don’t spend much time filling in the blank. to learn more about all types of loans we cater please visit our website at PrivateFastLoans.com

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In order to apply for a minority loan, research the Internet for programs geared toward minority businesses. Find out how to get a minority loan with the tips in this free entrepreneur advice video from a professional business consultant.

Expert: Emily Gasner
Contact: www.tmcworkingsolutions.org
Bio: Emily Gasner is the program director for Working Solutions in San Francisco. Working Solutions is a 501(c)(3) nonprofit organization that provides business advice to under-served micro-entrepreneurs.
Filmmaker: Sam Lee

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Wbe has helped thousands of small businesses get in touch with the outside world to conduct business.

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WHOLESALE FOOD & BEVERAGES–Learn tips on success from the owner of an organic toddler food company a boutique chocolate manufacturer, and the former CEO and founder of Odwalla, who is now the founder of a fabulous new beverage company Adina World Beat Beverages.

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Technorati Tags: Anthony Ferguson, beverage, Cacao Anasa, chocolate, co packing, consultant, diversifying income, entrepreneur, food, Greg Steltenpohl, investors, Jill Litwin, juice, lifestyle business, market trends, minority owned business, money, Odwalla, organic, organic food, Peas of Mind, profitability, prosperity, revenue, sales, small business, small business loans, startup, strategy, the wright consultants, toddler, trends, wholesale, Women Owned Business

It would only be fair to invite bids from black-owned businesses. However, the fact remains that although African-Americans represent 13.4% of the total US populace, only 5% of businesses are owned by them and they account for hardly 0.5% of the total business in financial terms. These figures become even more offensive keeping in view that other minorities in the US do not suffer as much. For example, Hispanic-Americans, accounting for 11.9% of the US’s total population, own as much as 7% of businesses. Asians too, who account for 4.5% of the total US’s population also own 4.5% of the businesses.

African-Americans face more challenges and fewer opportunities than any other ethnic groups in this country. Therefore, as long as more American businesses do not come forward to buy from black-owned business and embrace a greater degree of supplier diversity, African-American entrepreneurs will continue to face the same dim future in the American business sector.

Another interesting characteristic of the American business sector happens to be the failure of black-owned businesses in their first four years of business. This trend amounts to almost 20% more in comparison to white-owned businesses. Black-owned businesses also get lesser capital help as compared to white-owned businesses and are almost four times more vulnerable to credit denial. In addition to this, there is no such possibility for the African-Americans to benefit from multigenerational families, other business and social tie-ups that often result in corporate partnerships in the US.

In corporations, one frequently discussed topic is supplier diversity, but it is seldom achieved. The federal government has also announced a mandate for the federal agencies to do business worth 8% with disadvantaged and other minority-owned businesses, including black-owned businesses. This was done way back in 1978.

This created an active outbreak within the government, followed by other repercussions obvious in the rest of the corporate world. Many companies readily adopted the supplier diversity program, but often remained restricted in staffing. Naturally, the black-owned companies remained fewer in number and smaller (92% of all the black-owned companies have no employees), thereby receiving a disproportionate share of the business pie.

This triggered a general tendency of black-owned vendors not receiving enough supply roles within the corporate field, especially when it comes to professional services, frequently based beyond traditional procurement processes. Another sad end of the story remains the bias against African-Americans as being labeled as corporate incompetence. Most corporate organizations are also of the belief that practicing supplier diversity will stretch the company investment. However, statistical data prove quite the opposite and companies that have embraced the program, have been known to have gained more returns on their investment.

This problem needs to be addressed at a practical level or lesser number of black-owned business enterprises would mean fewer job opportunities for these minorities in the US, further lessening hope for the multicultural utopia.

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WHOLESALE FOOD & BEVERAGES–Learn tips on success from the owner of an organic toddler food company a boutique chocolate manufacturer, and the former CEO and founder of Odwalla, who is now the founder of a fabulous new beverage company Adina World Beat Beverages.

Duration : 0:5:1

(more…)

Technorati Tags: Anthony Ferguson, beverage, Cacao Anasa, chocolate, co packing, consultant, diversifying income, entrepreneur, food, Greg Steltenpohl, investors, Jill Litwin, juice, lifestyle business, market trends, minority owned business, money, Odwalla, organic, organic food, Peas of Mind, profitability, prosperity, revenue, sales, small business, small business loans, startup, strategy, the wright consultants, toddler, trends, wholesale, Women Owned Business

WHOLESALE FOOD & BEVERAGES–Learn small business tips on success from the owner of an organic toddler food company a boutique chocolate manufacturer, and the former CEO and founder of Odwalla, who is now the founder of a fabulous new beverage company Adina World Beat Beverages.

Duration : 0:5:1

(more…)

Technorati Tags: Anthony Ferguson, beverage, Cacao Anasa, chocolate, co packing, consultant, diversifying income, entrepreneur, food, Greg Steltenpohl, investors, Jill Litwin, juice, lifestyle business, market trends, minority owned business, money, Odwalla, organic, organic food, Peas of Mind, profitability, prosperity, revenue, sales, small business, small business loans, startup, strategy, the wright consultants, toddler, trends, wholesale, Women Owned Business

WHOLESALE FOOD & BEVERAGES–Learn small business tips on success from the owner of an organic toddler food company a boutique chocolate manufacturer, and the former CEO and founder of Odwalla, who is now the founder of a fabulous new beverage company Adina World Beat Beverages.

Duration : 0:5:1

(more…)

Technorati Tags: Anthony Ferguson, beverage, Cacao Anasa, chocolate, co packing, consultant, diversifying income, entrepreneur, food, Greg Steltenpohl, investors, Jill Litwin, juice, lifestyle business, market trends, minority owned business, money, Odwalla, organic, organic food, Peas of Mind, profitability, prosperity, revenue, sales, small business, small business loans, startup, strategy, the wright consultants, toddler, trends, wholesale, Women Owned Business

WHOLESALE FOOD & BEVERAGES–Learn tips on success from the owner of an organic toddler food company a boutique chocolate manufacturer, and the former CEO and founder of Odwalla, who is now the founder of a fabulous new beverage company Adina World Beat Beverages.

Duration : 0:5:5

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Technorati Tags: Anthony Ferguson, beverage, Cacao Anasa, chocolate, co packing, consultant, diversifying income, entrepreneur, food, Greg Steltenpohl, investors, Jill Litwin, juice, lifestyle business, market trends, minority owned business, money, Odwalla, organic, organic food, Peas of Mind, profitability, prosperity, revenue, sales, small business, small business loans, startup, strategy, the wright consultants, toddler, trends, wholesale, Women Owned Business