Do you want to know how black owned businesses thrive in today's economy? You would probably be surprised at how many successful Black owned businesses there actually are. The truth is that most small businesses don't make much money. Most of them rely on direct sales and get their merchandise through the retail outlets of big box stores. The owners and operators are forced to sell for a profit or close their businesses and go out of business.
Many of these Black-owned businesses were started by people just like you who didn't have much to no money to start up or invest in. The business owner realized that there had to be a better way to provide jobs for people, so they created their own businesses. Today, many of these once "shadows of possibility" have become huge successes.
Today's economy is a lot like the great Depression. People down on their luck need a way to improve their lives. Most people would gladly spend their money at a business that gives them a chance to improve their life. So, if you have been looking for a business opportunity where your opinion matters, you may want to look at Black-owned businesses. Just like during the great depression, Black owned businesses were necessary to providing jobs for people in the African-American communities.
While many new businesses were opened during this time, some of the original Black-owned businesses were still around. The reason why they were still around was because the white power structure that had previously run these businesses did not want to see them go away. They wanted to protect their wealth. Therefore, many of the Black business owners took their businesses into retirement, which kept the business going strong even during the Great Depression. Many of these business owners later opened other successful businesses.
So, the next time you are feeling discouraged about how your "business" isn't making as much money as you hoped it would, remember that some Black owned businesses prosper even today. You just need to know how to find black owned business. As stated earlier, during the Depression most Black-owned business owners needed to retire and that gave the business owners a chance to start something new. Today, many of these business owners are reestablishing their business so that they can provide jobs to more people. That means more people being employed!
So, don't give up on the idea that you can have a great life by owning a business. There are plenty of Black-owned businesses out there, some of which you might be unfamiliar with. If you do research on the internet, you will be able to locate these types of businesses all over the place. Just do a little research before you decide to invest in any one particular company, so that you can make sure that you are investing in a legitimate business. Once you find the right business opportunity for you, just follow your gut and you will be off to a great success! Find out more details in relation to this topic here: https://en.wikipedia.org/wiki/Business.