
Minority Firm Employment Growth – -A Cup Half Full
Imagine walking in and airport as fast as you can to get to your departure gate. As you walk you happen to be shoulder to […]
Imagine walking in and airport as fast as you can to get to your departure gate. As you walk you happen to be shoulder to […]
Read our latest press release on the work that we completed for the city of New York that examined the capacity of M/WBE firms. […]
The message coming out of Washington is as clear as it could be. If minorities wish to build successful businesses and stable communities, they must […]
Over the last quarter century, the number of Black-owned businesses has grown at a record pace – nearly four times the rate of white-owned businesses. […]
This is the second part of our on-going series where we examine the Survey of Business Owners (SBO) in detail and discuss how it can be […]
An examination of the Survey of Business Owners. One of the best data sources on the state of business in the U.S. is the Survey […]
The new globally competitive business environment is an uncharted territory for minority-owned businesses. To be successful, minority business owners must focus on building greater scale and capacity.
Every federal program for minority businesses has a different personal disadvantage criterion. This is confusing and creates unnecessary bureaucracy and inefficiency. One uniform criterion should be created.
To build greater capacity firms must reach reach Stage III growth. Only 14% of the non-minority-owned firms have done so, 12% of Asians, 11% of Latinos and just 6% of black businesses.
Two major challenges that are facing minority businesses are building greater capacity and improving management efficiency. Corporate mentor protege programs can assist in this regard.
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