The story of Black business ownership in 2020 is a dynamic mix of explosive growth and an acknowledgement of lingering societal roadblocks to success. Black-owned firms grew 34% from 2007-2012, totaling 2.6 million companies, and minority small businesses in general increased 79% by 2017. The top 100 Black-owned companies generated $30 billion in 2018, and…
About the Author
Valerie D’Orazio
Valerie D’Orazio is a staff writer at Fit Small Business specializing in business trends. Before joining the team, she worked as an editor and blogger at MTV.com. She has also written articles for various websites on topics such as human resources, artificial intelligence, biometrics, employment law and personal branding. She has been interviewed by such outlets as MSNBC, Bloomberg, Reuters and CTV News.
The Top Ten Worst Valentine’s Day Gifts
Valentine’s Day is designed to be an occasion to show the one you love the most how much you really care. It’s also, unsurprisingly, big business. As the largest commercial holiday in the U.S. outside of Christmas, Valentine’s Day is set this year to possibly break records in terms of gift purchases. According to a…
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Best States for Female Entrepreneurs 2020—Definitive Ranking of All 50 States
There is no more exciting time for the female entrepreneur than the present. According to a 2019 American Express report, the number of women-owned businesses has increased 21% within the past five years, compared to only 9% of all businesses—and with double the annual growth rate! As the start-up landscape braces for an unprecedented era…
The 12 Worst Secret Santa Gifts for the Office
Whoever came up with the idea of the office Secret Santa gift exchange probably also thought that Michael Scott of “The Office” fame was a good manager. Sure, having a Secret Santa or similar holiday gift exchange at the office can be a lot of fun, but it can also end in misfortune, litigation or…
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