The Greater Baltimore Committee and the Baltimore Community Foundation have announced a $5 million grant program to provide assistance to small businesses impacted by the collapse of the Francis Scott Key Bridge.
Category: BUSINESS
Posted inBUSINESS
Strikes start at top hotel chains as housekeepers seek higher wages and daily work
Hotel workers in several cities have walked off the job in a dispute over demands for higher wages and a reversal of service and staffing cuts, with unionized housekeepers fighting to restore automatic daily room cleaning.
Posted inHBCU
PRESS ROOM: HBCU Research AI Summit to convene at Baltimore Hyatt Hotel, September 9-11, 2024
The HBCU Research Corporation of America is hosting the HBCU RESEARCH AI – TECH Summit from September 9th to 11th, 2024, to explore the transformative power of AI and its potential to redefine the way we live, work, and interact.
Posted inBUSINESS
Small businesses owners in D.C. speak on impact of COVID-19 pandemic
Entrepreneurs such as Julius Lofton Jr. and Peter Opare have thrived during the COVID-19 pandemic, thanks to government and private funding, while other businesses struggled to stay open.
Posted inBUSINESS
Black men speak on entrepreneurship in America
Black men face challenges in entrepreneurship, including difficulty hiring dedicated workers, lack of support from the community, and the impact of racism, but can build confidence through learning about the competition and target audience, setting daily short-term goals, and utilizing proper time management and organization techniques.
Posted inBUSINESS
A small business owner’s guide to starting a 401(k) plan
Small business owners can provide their employees with retirement benefits through a 401(k) plan, which can help attract and retain employees in today’s tight labor market, and there are various types of 401(k) plans to choose from, including traditional, Roth, profit-sharing, safe harbor, and automatic enrollment plans.
Posted inBUSINESS
A ‘side hustle’ can be a way to try out a new business idea before jumping in all the way
Aspiring entrepreneurs can benefit from exploring a side hustle to test out a new business idea, but must be organized, aware of tax implications, and avoid burnout to ensure success.
Posted inTechnology
How digital accessibility is good for business
Implementing digital accessibility has been shown to improve business performance, including customer experience, brand reputation, and customer retention, while also opening up a market segment left behind amid rapid technological advancements.
Posted inBUSINESS
The people speak: What’s your favorite Black business?
Black people in the US have a wide range of favorite Black-owned businesses, including Cuples Tea, Surprise Me Gifts, Donnadon Productions, Abby’s The Sandwich Specialist, Octavia’s Bookshelf, Blk Swan, and Adams Motorsport Park.
Posted inBUSINESS
DeAnne Brookshire, CEO of Pink Leaf Consulting, speaks on Black entrepreneurship
DeAnne Brookshire, CEO of Pink Leaf Consulting, discusses her entrepreneurship journey and the impact of her business in the Black community, while offering advice for those looking to start their own business or leave the workforce.
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Black small business owners more optimistic, ready for growth in 2024
Black small business owners are more optimistic about 2024 compared to small business owners overall, with 80% expecting substantial increases in revenue and sales, and 52% believing their credit needs will increase this year.
Posted inBUSINESS
Tipped workers push for $15 minimum wage in Baltimore
Baltimore City Council is considering a bill to gradually implement a $15 minimum wage for tipped employees, which has been supported by a 400-signature petition and Councilman John T. Bullock, but is opposed by the Restaurant Association of Maryland.