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 | 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 Pearl Phillip | Editorial credit: AnnaStills / shutterstock.com The beauty and wellness industries have seen a significant rise in entrepreneurship over the past decade, driven by a global shift toward self-care, mental well-being, and the pursuit of holistic health. Entrepreneurs entering these industries are not only responding to consumer demands for innovative products and […]