By Cecelia Taylor Uncovering the truth behind the free money myth It is not uncommon for potential business owners to call or visit the SBA asking for grants or free money to start their businesses. In many cases, you have likely read or heard the “free money myth” and how trouble-free it is to get [...]
By Marybeth McLain Three new categories have been added, Veteran-Owned Business Award, Innovation Award and a Small Manufacturer Award. Contenders have until October 7 to complete their applications. KINGSPORT, Tenn. – On August 12, the Kingsport Office of Small Business Development & Entrepreneurship (KOSBE) began accepting applications and nominations for its Annual KOSBE Awards from [...]
By: Marketwire August, which is National Black Business Month, is a good time for American businesses to confront the reality that supplier diversity should be a top strategic priority, not simply a corporate citizenship obligation, according to Boston Consulting Group (BCG) Senior Advisor James H. Lowry, coauthor of Minority Business Success: Refocusing on the American [...]
1. Requirements for a Minority Owned Business A minority-owned business must be at least 51 percent owned by minority individuals or, in the case of a publicly owned business, at least 51 percent stock-owned by one or more minority individuals. Minority group members must control the management and daily operations of the company. 2. Who [...]
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