Black-owned businesses show growth across the United States

Black-owned small businesses in the United States are experiencing significant growth, according to a recent study. This trend is being observed across the country, including in Palm Beach County, Florida, where several entrepreneurs shared their experiences.

Small Business Growth and Economic Impact

A study by the Association for Enterprise Opportunity found that there are now 5 million Black entrepreneurs in the U.S. with small businesses. These businesses have contributed over $2 billion to the national economy. The AEO report also indicated that Black-owned businesses have increased by 34% since 2012, a rate that surpasses the 19% overall business growth observed during the same period.

BuilderGurl Management

Tiffany Jackson, CEO of BuilderGurl Management, established in 2018, is one of these successful entrepreneurs. Her company provides estimating, detailing services, and sells rebar and building materials to homeowners, residential contractors, and commercial contractors throughout West Palm Beach. Jackson discussed the challenges she has faced as a Black woman CEO, emphasizing the importance of perseverance and self-assurance in achieving success.

Panel Discussion and Shared Experiences

Jackson participated in a panel discussion in Palm Beach County alongside other Black small business owners. The panel included Krissy Robbs (Fix My Flyer), Asia Jeanty (Melted Aroma), Dr. Tiffany McCalla (Calla Genics), Jamal Lake (Ganache Bakery), and Niesha Wood (We’re No Different Home Care).

We’re No Different Home Care

Niesha Wood, CEO of We’re No Different Home Care, shared that her brother, who has an intellectual and mental health disability, inspired her to start the business. The company provides in-home services and serves as a referral hub for families with individuals who have disabilities such as autism, cerebral palsy, and intellectual disabilities. Wood highlighted the importance of providing specialized accommodations and ensuring that people with disabilities have access to necessary resources. She noted that her company is planning to expand and become a licensed full-scale home health agency.

Entrepreneurial Advice

Several business owners emphasized the dedication and hard work required for entrepreneurial success. Wood stated, “Entrepreneurship is not easy, it’s not for the weak, but with dedication and hard work it’s definitely worth it.”