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Top cities for black-owned businesses: Did yours make the cut?

A survey was conducted to find out how many businesses across U.S. cities are operated by black business owners – find out if yours made the list.

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entrepreneur

Slowly on the rise

Black-owned businesses are on the rise. Despite the recession, the U.S. Census Bureau reports that the number of black-owned businesses actually increased 2.3 percent between 2007 and 2012, bringing the total number to 9.4 percent of U.S. businesses overall.

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About they survey

This statistic made researchers over at Thumbtack, a consumer services website that generates an annual Small Business Friendliness Survey, curious to find out more about which cities are the most supportive of black-owned businesses.

The general survey asks 18,000 small business owners to rate their city or state’s government when it comes to the tax and licensing laws and regulations that can either smooth the way for small businesses, or make things impossibly difficult. From this data, Thumbtack ranks cities and states from best to worst.

Usually younger and event-based

This time around, Thumbtack specifically surveyed 1,663 black small business owners. They found that, in general, black business owners tend to be younger than business owners of other races, and are more likely to work alone.

Thumbtack also looked at what types of businesses blacks own. Black business ownership was particularly concentrated in events (such as caterers or DJs), cleaning services, moving services, tax preparation, and computer repair.

9 of 10 in the South

When assessing the “friendliness” of their cities, black business owners had the same concerns as other races: are there government-sponsored training or networking programs available? How easy is it to manage your taxes? And are licensing rules doable, yet well-enforced?

Hats off to those cities who ranked in Thumbtack’s top ten for friendliness towards black-owned businesses, including Austin, Dallas, Columbus, West Palm Beach, Richmond, Virginia Beach, Kansas City, Nashville, Jacksonville, and Raleigh.

The numbers

Nine of the top ten cities are in the South. Three have black mayors, and six have a median household income for black families that is above the national average.

Thumbtack also noted a few cities where black business owners rated their city more highly than business owners of other races, including Baltimore, Philadelphia, Oakland, New York, and Chicago, to name a few.

black-owned businesses

#BlackOwnedBusiness

Ellen Vessels, a Staff Writer at The American Genius, is respected for their wide range of work, with a focus on generational marketing and business trends. Ellen is also a performance artist when not writing, and has a passion for sustainability, social justice, and the arts.

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1 Comment

1 Comment

  1. Orlando Coombs

    January 7, 2016 at 2:32 am

    This article to me is really bullshit. As for black business friendly why were Atlanta, D.C. and Oakland not on there.? Why was L.A. not on there.? Those places are bastions of black owned businesses and have been for well over 100 years. I’m from the bay area and I can tell you for a fact that Oakland has a lot of successful black owned businesses and a large black middle class too, big time. But West Palm Beach aint cool for black people at all. South Florida on a whole aint cool for black people at all. Jacksonville I can see cause I hear a lot of good things about that place. Oakland over the last 6 years has seen a growth in black entrepreneurship. So has L.A., Detroit, Baltimore, and St. Louis. D.C. big time. Atlanta continues to be a hotbed for black entrepreneurs. Miami, New Orleans.m, Cincinatti, Milwaukee, and most of the midwest aint cool for black people, black owned businesses, or black families. So dont believe the hype.

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Business News

New company beats Amazon with next morning delivery?

(BUSINESS NEWS) Amazon has a new competitor in South Korea: Coupang, with faster shipping than Prime.

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delivery services

What if I told you Amazon Prime’s, 1-3 day guaranteed delivery time isn’t the fastest e-commerce service the world has to offer? You would think I’m lying right?

Coupang, one of the world’s fastest delivery services located in South Korea, allows you to order any item, anytime before midnight, promising that it will be at your doorstep by 7am! (I wasn’t lying!) With 70% of its employees living within a 10 minute radius of a Coupang center, 80% of residents residing in populated cities and 95% of it’s population owning a smartphone, South Korea has become the perfect e-commerce epicenter. Coupang employees over 10,000 people who together deliver 99.3% of all orders within 24 hours. Imagine it’s Tuesday night, you’re falling asleep and suddenly remember you forgot to get your wife a present for her 50th birthday tomorrow. You have two options: accept your fate of being put in the dog house for three long weeks, or quickly order a few great items off Coupang’s website that’ll be delivered BEFORE she even wakes up!

Like Amazon, Coupang allows its customers to create a profile, store desired products in a list, and check out using your saved payment method. Half of South Korea’s total population of 51.6 million has installed Coupang’s app with a surge of people trying Coupang for the first time during stay at home orders due to the Coronavirus pandemic. The company struggled to meet fulfillment demands, especially those including PPE, household cleaning products, and children’s necessities. While many companies are struggling to stay afloat, Coupang is quickly adapting to meet consumer demands. In March, the company opened a new logistics center to expand its overnight/same day delivery services and is currently working to reach an even broader population.

Believe it or not, right before Coupang received a $2 Billion investment from SoftBanks, its founder, Kim Bom debated walking away from it all. Bom founded the company in 2010, receiving the investment in 2018 and is expected to pursue an IPO by the end of 2020. So for all of you entrepreneurs wondering if you should give up on that decade long dream…DON’T. Coupang went from selling a few hundred items each day to 3.3 million. Now that’s what you call entrepreneurism!

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Google plans to pay publishers for content (a little too late)?

(BUSINESS NEWS) Google will finally pay publishers for news, but only a few, and they have to meet Google standards.

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google, bad

I mean…could you get any greedier Google? (Chandler Bings voice).

After years and years of pressure and complaints from publishers that Google’s search feed doesn’t properly recognize them or the news they work so hard to report, Google has finally announced that they will begin to pay publishers for content. But only some.

WHAT A LOAD OF BS.

According to the News Media Alliance, Google profited 4.7 BILLION in 2019 as a search engine for the news industry. So now, not only is Google fleecing its content providers and the writers who are working to create material for them, but it’s quite likely that Google’s algorithm is pushing paid news to the top of its search feed. What does this mean for users? It means that for one, you will see what they want you to see, but most importantly, it means that Google HAS the money to pay its publishers but chooses not too!

Google’s announcement to start paying publishers excludes all publishers outside Brazil, Germany, and Australia. Even within the countries that Google closed a deal with, there are many that do not meet its “high quality content” requirement for a paid position. The problem with all this nonsense is that we stopped letting the news come from others like us, and instead, according to the U.S News Media Alliance, the news is entirely owned by a handful of companies. You may have 635 channels on your TV, but if you google…or maybe you should duck duck go it, you’ll find that all those channels lead back to one huge organization.

SO WHAT THE HELL IS GOING ON?

Google has definitely been pressured to make some big changes, and while paying publishers is a good first step in the right direction, is it enough to make up for years of damage?

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Business News

International start up turns LinkedIn profiles into resumes

(BUSINESS NEWS) Rezi is an AI driven app that can turn LinkedIn profiles into resumes within minutes. Save time and optimize your chances of getting noticed.

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resumes

If you have already put work into creating your LinkedIn profile, you can parlay that into a resume with a plug-in download and a few clicks thanks to the AI-powered resume builder, Rezi. The company started as a weekend project in 2015 by CEO and Founder, Jacob Jacquet, to address the challenges his recently-graduated friends were having with writing hirable resumes.

According to the Rezi website, the company began by studying resumes and how they interacted with Applicant Tracking Systems (ATS), which companies use to manage online applications. Rezi wanted to educate job seekers on ATS while developing resources to create optimized resumes. This effort began as a resume template offered on a WordPress site. Once it hit Reddit with an explanation of the success of the resume, it quickly gained traction. Rezi then decided to focus on the South Korean job seeker market and became the most recognizable global startup in Seoul, according to the Rezi website.

The company’s next step was to go the direction of software as a service (SaaS) and support job seekers who wanted to make a resume in minutes. Rezi now offers a free plug-in version where users can transform their LinkedIn profile into a resume.

They also offer AI keyword targeting which helps users write resumes tailored to the job description for which they are applying by giving you keywords to include from a pasted job description that would best accommodate ATS filters. In addition to resume keywords, Rezi can also identify formatting errors such as missing bullet points, buzzwords, and useful content. Flexible formatting tools allow users to customize resume aesthetics such as font size, line height, and zoom level right within the app. The Rezi Score tool will then give instant feedback to guide resume formatting.

They also offer professional resume writers to edit resumes and provide suggestions and tips to improve content. One of the most unique features of this offering is that Rezi offers a private, updated, and sharable link to your resume. Users can get started for free but monthly plans range from $3-$9 and quarterly plans from $8-$89.

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