Now is a Great Time to Start a Black Business

News / Sunday, February 13th, 2011

Not only can you claim your dreams of economic self-determination but you can also do us all a favor and help to get the economy back on track. Find your niche, connect with your target audience, put in some work and stay the course. You can do this.

Amplify’d from

Black-owned firms grew faster — both in number and sales — than U.S. firms did as a whole over a five-year period, according to the latest data available from the Census Bureau.

“Black-owned businesses continued to be one of the fastest-growing segments of our economy,” said Thomas Mesenbourg, deputy director of the Census Bureau, in a written statement.

Despite the growth, black-owned businesses in 2007 make up just 7% of U.S. businesses. Yet African-Americans comprise about 13% of the population.


Leave a Reply