By Selen Ozturk, Ethnic Media Services Since Trump’s termination of federal diversity, equity and inclusion (DEI) initiatives, small businesses nationwide are expected to take a major hit. The executive orders issued during Trump’s first week of office in late January end all federal DEI and affirmative action programs; equity-related grants and contracts; and prior equal […]
Editorial credit: Artem Stepanov / Shutterstock.com Expanding a business through franchising is a great way to grow a successful brand while minimizing financial risk. Franchising allows you to replicate your business model and generate revenue from franchise fees and royalties while empowering independent entrepreneurs to operate under your brand name. However, franchising a business in […]
Starting a shipping business in New York City that specializes in sending barrels to the Caribbean, Africa, and Latin America can be a lucrative venture. With a high demand for barrel shipping from immigrant communities, this type of business provides an essential service for people sending goods to their families abroad. However, launching and operating […]
By Esther Claudette Gittens As of 2025, New York City’s entrepreneurial landscape has become increasingly diverse, with non-white business owners making significant contributions across various industries. This shift reflects broader demographic changes and a growing emphasis on inclusive economic development. Below is an overview of the top 10 types of businesses owned by non-white entrepreneurs […]
By Esther Claudette Gittens The global Black community shares a rich history of resilience, innovation, and cultural wealth. Despite the forced displacement of Africans through the transatlantic slave trade and the systemic disenfranchisement of Black populations worldwide, Black people have continuously built, rebuilt, and contributed significantly to economies, cultures, and political movements. Black Americans, in […]
By Esther Claudette Gittens | Editorial credit : Anna Moneymaker / shutterstock.com Elon Musk, born on June 28, 1971, in Pretoria, South Africa, is a globally recognized entrepreneur known for his roles in companies like Tesla, SpaceX, and X (formerly Twitter). His early life in South Africa, particularly during the apartheid era, has been […]
By Brian Figeroux, Esq. New York City is one of the most vibrant and competitive business environments in the world, offering a wealth of opportunities for entrepreneurs. However, before starting a business in NYC, it’s essential to understand the various legal structures available and the processes involved in establishing your company. The legal structure you […]
U.S Small Business Administration, SBA Press Office | Editorial credit: RossHelen / shutterstock.com More Than a Dozen Private Funds to Invest $2.8 Billion in Over 1,000 Critical Technology Startups and Small Businesses WASHINGTON– Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and Secretary Lloyd J. Austin, head of the U.S. Department Secretary of Defense (DoD) announced 13 […]
By Brian Figeroux, Esq. | Editorial Credit: Yuri A / shutterstock.com Starting an adult care business in New York State is a challenging but potentially rewarding endeavor. From navigating the regulatory environment to selecting a location and staffing your facility, every decision must be made with careful consideration and planning. By following the steps outlined […]
By Brian Figeroux, Esq. | Editorial Credit: Zhanna Hapanovich / shutterstock.com To maintain the protection of limited liability, LLC members must follow certain best practices, including keeping personal and business finances separate, maintaining adequate capitalization, operating ethically and lawfully, and avoiding personal guarantees. The Limited Liability Company (LLC) is one of the most popular business […]