|Welcome to the Black Business Directory and Online Resource!
Our web site is an online directory, network and guide for Black-owned businesses in the United States. The goal is to help such businesses multiply and become more successful. According to the U.S. Census Bureau, there are about 2 million Black-owned business in the United States, compared to 22.6 million white-owned businesses. This means that African Americans, who make up more than 13% of the U.S. population, only own about 7% of all the businesses in the country, and generate only about 0.5% of total receipts.
Here you will learn everything you need to know about Black businesses:
Where are most Black businesses located?
The state of New York, however, has the most Black-owned firms at 204,093 but this only accounts for 10.6% of the businesses in the state. Second is the state of Georgia, third is the state of Florida, and fourth is the state of Texas with the most Black-owned businesses but not necessarily the highest ratios.
What types of businesses do African Americans own?
How many people are employed by Black businesses?
There are few Black-owned firm that generate billions of dollars in annual revenue, but many that generate millions. For instance, GlobalHue, an advertising agency in Detroit, Michigan, generated more than $480 million in revenue in 2007. RLJ McLarty Landers Automotive Group, a chain of car dealerships throughout the country, generated more than $540 million in 2007. And, World Wide Technology, a global technology consulting firm and the largest Black-owned business in the country, posted revenues of more than $2 billion.
Why are there so few Black businesses?
Another factor is that there is a lack of economic and business resources in African American communities. This leads to a lack of education on how to properly start and manage a successful business.
Are there resources available to help?
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