Daily Archives: May 19, 2017

Why the Bank Black Movement Is Essential to Small Businesses

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Bank Black

#BankBlack (Image: From left to right: Derek Dingle, SVP/Chief Content Officer, BLACK ENTERPRISE; Teri Williams, President and COO of OneUnited Bank; Sherifat Lawal Price, Assistant VP, Business Development and Marketing, Unity National Bank; and Ann D. Duplessis, SVP, Liberty Bank and Trust Co.)

Historically, black-owned banks have been a pillar in communities of color. These institutions stimulated local communities and financed customers who were turned away by major banks.

However, despite their significance, the number of black-owned banks has sharply declined in the last 15 years, while more than half in the U.S. closed up shop between 2001 and 2016. Meanwhile, the black banks that managed to survive the Great Recession are challenged by social stigmas, a lack of support from communities of color, and competition from larger banking institutions.

At the Black Enterprise 2017 Entrepreneurs Summit, a panel of bank owners and professionals addressed the need for black banks, the issues they face, and their role in supporting entrepreneurs of color.

The panelists also argued why it’s imperative for African Americans to join the Bank Black Movement currently sweeping the country. Here are some of the key arguments that each panelist gave during the “Why #BlackBanks Matter …read more      

Why the Bank Black Movement Is Essential to Small Businesses

Published by:

Bank Black

(Image: From left to right: Derek Dingle, SVP/Chief Content Officer, BLACK ENTERPRISE; Teri Williams, President and COO of OneUnited Bank; Sherifat Lawal Price, Assistant VP, Business Development and Marketing, Unity National Bank; and Ann D. Duplessis, SVP, Liberty Bank and Trust Co.)

Historically, black-owned banks have been a pillar in communities of color. These institutions stimulated local communities and financed customers who were turned away by major banks.

However, despite their significance, the number of black-owned banks has sharply declined in the last 15 years, while more than half in the U.S. closed up shop between 2001 and 2016. Meanwhile, the black banks that managed to survive the Great Recession are challenged by social stigmas, a lack of support from communities of color, and competition from larger banking institutions.

At the Black Enterprise 2017 Entrepreneurs Summit, a panel of bank owners and professionals addressed the need for black banks, the issues they face, and their role in supporting entrepreneurs of color.

The panelists also argued why it’s imperative for African Americans to join the Bank Black Movement currently sweeping the country. Here are some of the key arguments that each panelist gave during the “Why #BlackBanks Matter …read …read more      

How to Find Custom Full Lace Wigs, Why it is the African American Wigs of Choice!

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African American

How to Find Custom Full Lace Wigs, Why it is the African American Wigs of Choice!

How to Find Custom Full Lace Wigs, Why it is the African American Wigs of Choice!

Do you remember when so called african american wigs use to be boring with unflattering styles? Back then, wig options for women where not many to choose from, neither were there many style options and colors. But thanks to today’s technology and the internet, wigs have come a long way for the better.

Bring On the New Hairstyles for Black Women

Thank goodness in today’s time that african american wigs are now available in a variety of colors, styles, lengths and cap construction. Today’s quality is like non other. I am actually talking about full lace wigs, the natural looking wig even the naked eye can’t see that you are wearing one. These wigs can be customized to meet your ultimate desires and hairstyle needs for both men and women.

Making the Change, Dramatic or Subtle

Now here’s the fun part, wearing lace wigs allow you to look not only flawless, but gives you instant fabulocity! Never again will you have to make another …read more      

NAACP Is Expected to Vote to Dismiss Its President – New York Times

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New York Times
WASHINGTON — The national board of the N.A.A.C.P. is expected to vote Friday to dismiss the organization’s president, Cornell William Brooks, after only three years, pledging a “systemwide refresh” at the nation’s largest and most storied civil rights
The NAACP Won’t Renew Contract Of Its President And CEOBuzzFeed News

all 2 news articles

…read more      

How to Find Custom Full Lace Wigs, Why it is the African American Wigs of Choice!

Published by:

African American

How to Find Custom Full Lace Wigs, Why it is the African American Wigs of Choice!

How to Find Custom Full Lace Wigs, Why it is the African American Wigs of Choice!

Do you remember when so called african american wigs use to be boring with unflattering styles? Back then, wig options for women where not many to choose from, neither were there many style options and colors. But thanks to today’s technology and the internet, wigs have come a long way for the better.

Bring On the New Hairstyles for Black Women

Thank goodness in today’s time that african american wigs are now available in a variety of colors, styles, lengths and cap construction. Today’s quality is like non other. I am actually talking about full lace wigs, the natural looking wig even the naked eye can’t see that you are wearing one. These wigs can be customized to meet your ultimate desires and hairstyle needs for both men and women.

Making the Change, Dramatic or Subtle

Now here’s the fun part, wearing lace wigs allow you to look not only flawless, but gives you instant fabulocity! Never again will you have to …read more      

Ronnie & Shamari DeVoe Announce They Are Expecting Twins [PHOTO]

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It looks like first time dad Ronnie DeVoe has two bundles of joy on the way.

The New Edition/BBD singer and his wife Shamari, former Blaque singer, announced they were expecting back in February 2017. Now the couple has revealed they are expecting twins!

Congratulations to the beautiful couple!

Like BlackAmericaWeb.com on Facebook. Follow us on Twitter and Instagram

[ione_media_gallery id=”298919″ overlay=”true”]

…read more      

Big Sean on Tackling Police Brutality in ‘Light’ Music Video and Islamophobia – Newsweek

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Big Sean on Tackling Police Brutality in ‘Light’ Music Video and Islamophobia
Newsweek
In the clip, Sean acts as something of a guardian angel for four young people killed senselessly while going about their everyday lives: a little girl playing outside when she is caught in a shootout between rival gangs; two black teenagers killed in a

…read more      

Raising Capital To Run Your Small Business

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Black Business

Raising Capital To Run Your Small Business

Raising Capital To Run Your Small Business

Capital is very important for a start up business to operate. This is usually the problem of most entrepreneurs to run their business. There are actually too many ways to raise your capital but securing one an adequate capital is a hard job. If you want to raise your capital to run your business then this will assist you on how to raise your capital for your small business. Creating an excellent business plan, consistent idea on how to pay your investor and reading some pages in a news paper you may be able to find capital that you need.

1. Your first job is to create a business plan. Your business plan needs to be very detailed and concise. You should include information about your educational background, experience and training in the area of business you are contemplating. Just like a resume for a job, include references and any other favorable personal qualities that you feel reinforce the reasons why an investor should trust in your ideas.

Have some consistent idea on how to pay your investor. The only reason someone is going to lend …read more      

Raising Capital To Run Your Small Business

Published by:

Black Business

Raising Capital To Run Your Small Business

Raising Capital To Run Your Small Business

Capital is very important for a start up business to operate. This is usually the problem of most entrepreneurs to run their business. There are actually too many ways to raise your capital but securing one an adequate capital is a hard job. If you want to raise your capital to run your business then this will assist you on how to raise your capital for your small business. Creating an excellent business plan, consistent idea on how to pay your investor and reading some pages in a news paper you may be able to find capital that you need.

1. Your first job is to create a business plan. Your business plan needs to be very detailed and concise. You should include information about your educational background, experience and training in the area of business you are contemplating. Just like a resume for a job, include references and any other favorable personal qualities that you feel reinforce the reasons why an investor should trust in your ideas.

Have some consistent idea on how to pay your investor. The only reason someone is going …read more      

The 2017 Entrepreneurs Summit Daily: Day 2

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2017 Entrepreneurs Summit

The Elevator Pitch Competition at the 2017 Entrepreneurs Summit

Day two of the Black Enterprise 2017 Entrepreneurs Summit was packed with black star power, enlightening panels, and multiple breakout sessions that empowered attendees with the tools and knowledge to take their businesses to the next level.

Hosted by Nationwide, the conference began with an inspiring message delivered by Pastor Kirbyjon Caldwell. He also took a moment to praise Black Enterprise for being a premier brand of inspiration for black business owners.

.@PastorKirbyjon praises @BlackEnterprise as we kick off day 2 of #BESummit @AlfredEdmondJr @EarlButchGraves Watch live now! #Big #Bad #Bold pic.twitter.com/h8GW7jRCOE

— Black Enterprise (@blackenterprise) May 18, 2017

During one of the breakout sessions, Black Enterprise Silicon Valley Tech Editor Sequoia Blodgett moderated a panel discussion on raising capital for your business in the tech space. The panelists, Jason Towns, CEO and managing director of Groundwork Ventures and Tye and Courtney Caldwell, the co-founders of ShearShare, shared tips on how entrepreneurs can …read more <img …read more