Black Enterprise articles from January 2005

Black Enterprise archives from January 2005

Creating an effective website.(Web Features)(www.blackenterprise.com/website)(Brief Article)
January 1, 2005... It's 2005, and if your company doesn't have a Website, you've got to get with the program. With millions online every day, developing a Website can help you sell products and services, distribute information, and market your business. But tha't...

Win money for college.(Web Features)(blackenterprise.com)(www.blackenterprise.com/cfn)(Brief Article)
January 1, 2005... With college tuition costs rising, students need all of the financial assistance they can get. Log on to blackenterprise.com to win one of five $1,000 scholarships. To enter, sign up for our financial newsletter sweepstakes....

Franchise finder.(Web Tools)(www.blackenterprise.com/franchisefinder)(Brief Article)
January 1, 2005... www.blackenterprise.com/franchisefinder Select from franchises that suit your interests and open your dream business today!

Get $25 when you invest.(Web Tools)(www.blackenterprise.com/bemoney)(Brief Article)
January 1, 2005... www.blackenterprise.com/bemoney Sharebuilder and blackenterprise.com allow you to invest online through automatic, recurring dollar-based investments.

Resource line.(Web Columns)(blackenterprise.com)(Brief Article)
January 1, 2005... Whatever your professional or entrepreneurial needs, you can find advice at blackenterprise.com, Interactive Media Editor Latif Lewis' column provides useful resources for business owners, corporate executives, and budding investors. ...

Web highlights.(blackenterprise.com)(Brief Article)
January 1, 2005... JOB SEARCH Give yourself a free career makeover using our online job search. B.E. NOW ON TV AND RADIO Look for streaming video and audio clips from our latest business news ventures. HOMEOWNERSHIP Find out the steps you need to take to...

Homeownership is priority one.(publisher's page)
January 1, 2005... January is the month of self-assessment and new beginnings. Our first issue of the new year marks the introduction of new columns and special features leading up to BLACK ENTERPRISE'S 35th anniversary milestone, our August 2005 issue. This...

Take control of your financial life.(About This Issue)
January 1, 2005... This year marks two major anniversaries for BLACK ENTERPRISE. It's been 35 years since Publisher Earl G. Graves Sr. introduced BE to the world, intending for it to serve as a bible for black entrepreneurs, executives, and investors. And five...

Proudly claiming Obama.(Letters)(Letter to the Editor)
January 1, 2005... Thanks to Kenneth Meeks for a well-written article on Barack Obama ["Favorite Son," October 2004]. There is a scripture in the Bible that says. "Faith without work is dead." But Mr. Obama's past record shows that he is more than a talker; he's...

Why we belong in the top 50 ...(Letters)(Letter to the Editor)
January 1, 2005... I AM WRITING REGARDING YOUR RECENT RANKING of "The 50 Best Colleges for African Americans" [October 2004] I am very disappointed not to see Princeton included, despite leadership in several areas that relates to the African American collegiate...

... And why we don't.(Letters)(Letter to the Editor)
January 1, 2005... BLACK ENTERPRISE RECENTLY PUBLISHED RANKINGS for the "Top 50 Colleges for African Americans," in which Georgetown University moved from 9th to 11th. Although Georgetown shifted down two spots from its position in 2003, the university is still...

State of the new black power: election reveals shifts in democratic and Republican parties.(Washington Report)
January 1, 2005... On Jan. 20, Americans can hail their chief as Inauguration Day officially ushers Republican George W. Bush into his second term in the White House. Not only did the November elections lead to four more years of Bush but his party also...

Bridgewater interiors closes $400 million deal.(B.E.100s)(Brief Article)
January 1, 2005... Detroit-based auto supplier Bridgewater Interiors L.L.C. (No. 22 on the BE INDUSTRIAL/SERVICE 100 list with $167.4 million in sales) continues to break new ground. The firm secured a $400 million contract from Chrysler Group, a division of...

Power broker gets 7 1/2 years in prison.(Newsbytes)(Brief Article)
January 1, 2005... Prominent investment banker Nathan Chapman Jr. has been sentenced to 7 1/2 years in prison and ordered to pay $5 million in restitution for defrauding Maryland's retirement system and looting his own firm, eChapman.com. Chapman, 46, was...

Top black Citigroup exec resigns.(National News)(Brief Article)
January 1, 2005... In the wake of a banking scandal in Japan, Citigroup Inc.'s most senior black manager has been forced out. Thomas W. Jones, chairman and chief executive of the global investment management division, resigned along with two other key New York...

Earnings gain, wealth loss: while black income rose to its highest level, black net worth shrank.([Facts & Figures])
January 1, 2005... It comes as no surprise that when the economy is good and employment is up, African Americans benefit by having more money in their paychecks. Since the 1980s. black households have witnessed a decline in earnings during economic recessions,...

Mortgage help for black college students: the Congressional Black Caucus Foundation promotes home buying at HBCUs.([Homeownership])
January 1, 2005... Concerned that educational and professional opportunities might take her from one city to the next, Latosha Key was nervous about purchasing a home early in her career. But the 2004 Spelman College graduate was intrigued when she was invited to...

Bank stock binge: Fred Cummings focuses on the banking industry for higher returns.([Stock Picks])
January 1, 2005... Recent economic conditions have yielded good and bad news for the banking industry. On the one hand, a recession and the slow economic recovery that followed have stalled corporate loan demand and weakened bank revenues. On the other, low...

Technology stocks show some life: Patrick Lyons of NCN Capital Management still hopes for a tech resurgence.(Portfolio Review)
January 1, 2005... Last year, Patrick Lyons, associate portfolio manager at Durham, North Carolina-based NCM Capital Management Group, had high-flying expectations that the technology sector would soon regain its wings. But it hasn't happened as fast as he would...

Calculating savings bond values: if you've been holding on to savings bonds, here's an easy way to determine their worth.(Money Basics)
January 1, 2005... If you have old Series E savings bonds or plan on buying savings bonds tot education or retirement, figuring out how much those bonds are worth or how to purchase new ones just got easier. The Department of the Treasury has upgraded its...

QA: A home loan for college?(Money Matters)
January 1, 2005... Q A My husband is thinking about taking OUt a second mortgage loan of $25,000 at a 6.5% interest rate to help save for the college educations of our four kids. Do you think this is the best way to save for college? --J. Williams Maryland...

Building character: former police officer is making leadership training his business.(Making It)
January 1, 2005... As one of the first African American police officers to fly a helicopter surveillance unit for the Houston Police Department, Mike Jones got a bird's-eye view of the city. "I saw so many young people just hanging out on the streets and...

Investing in communities: husband and wife team build on Baltimore's housing market.(Making It)
January 1, 2005... Kevin and Annie Byrd have taken Baltimore's housing revitalization market and turned this hot commodity into a lucrative business venture--Signature Management & Realty L.L.C. Signature Management is a residential property and management firm...

Borrowing from dad: financing from relatives and friends has risks and rewards.(Starting Up)
January 1, 2005... Bankers are not keen on loaning amounts smaller than $30,000. Over half of all small businesses are started with money from friends and family, while others are financed with credit cards. Approximately 10 million people in the U.S. have...

QA: shopping for capital.(Savvy Solutions)(Brief Article)
January 1, 2005... Are there investment banks that specialize in providing capital for minority media firms? How do we contact them? Are there limits to what they can provide? --D. Cason New York Finding capital is a major challenge for minority media...

Business integrator entrepreneur marries technology and advertising to grow business.(Black Digerati)
January 1, 2005... Of all the advantages POWERi Technologies Inc. offers its customers, perhaps the most critical is the firm's ability to clearly translate its clients' objectives into effective interactive marketing strategies. That's the thrust behind POWERi...

Finding your way: navigation systems move beyond high-end cars.(Tech News)
January 1, 2005... PS-based navigation systems--once considered luxury add-ons for high-end ears--are becoming as commonplace as car stereos. As receivers become smaller and more economical, the technology is becoming accessible to virtually everyone. And the...

A close call: cell phone offers good mix of price and performance.(B.E. Tested)(Product/Service Evaluation)
January 1, 2005... Siemens' new CF62T is a light, cute clamshell phone that is good at the basics. While it doesn't pack all the bells and whistles we've come to expect from our ceil phones (and let's face it, sometimes those "extras" can be more of an annoyance...

Radio ga-ga.(Cyberwise)(Brief Article)
January 1, 2005... A there's been a lot of talk about satellite radio. Is it like Internet radio? How can I get it? --P. Jackson Atlanta No doubt satellite radio has come to your attention because of the ongoing battle between the Federal Communications...

Devalued by diversity: the answer lies in whether this business imperative empowers or excludes blacks.(Diversity Watch)
January 1, 2005... The meaning of diversity over the last few decades has morphed from an altruistic opportunity to right the ills against black Americans in this country to a business imperative that is all-embracing of other cultures, walks of life, and sexual...

Recruiting tool for corporate companies.(Diversity Watch)
January 1, 2005... "We're providing corporate America with a direct link to the business leaders of tomorrow," says Bichard Bamsey, president of LEAD (Leadership and Education Development), of the organization's recently launched recruiting Website, which offers...

When the love is gone: how to reignite passion for the job.(Making Connections)
January 1, 2005... Charles McKoy has grown used to the shrill of his alarm clock, set every weekday morning at 3:35 a.m. for the past five years. Despite the early start, McKoy, who works for Jet Blue airlines' customer service ground operations, reports...

QA: so long so soon.(Since You Asked)(Brief Article)
January 1, 2005... QA I recently started a new job only to find out that I was lied to during my interview. I inquired about the hours of my current position because I knew I was in the process of applying to grad school. I've learned that for my field...

TV One.(On The Move)(Brief Article)
January 1, 2005... Henry Watkins has been named vice president of business development for TV One, the new entertainment and lifestyle network targeting African American adults. In this capacity, he will be responsible for managing TV One's relationships with...

DSG Search Partners.(On The Move)(Brief Article)
January 1, 2005... Gregg Smith has joined DSG Search Partners as a managing director and head of diversity search practice. He is charged with performing executive search and leadership assignments that will deliver a diverse slate of candidates to meet clients'...

Tyrha H. Lindsey has been named to the newly created position of manager of participation marketing for Community Tennis, USTA.(On The Move)(United States Tennis Association)(Brief Article)
January 1, 2005... Tyrha H. Lindsey has been named to the newly created position of manager of participation marketing for Community Tennis, USTA. Her responsibilities include overseeing all marketing efforts as well as establishing key strategic partnerships to...

Chartered Property & Casualty Underwriter Society.(On The Move)(Brief Article)
January 1, 2005... Roosevelt Haywood III is the first African American to serve on the board of governors of the Chartered Property & Casualty Underwriter Society. The board is responsible for defining society policies and monitoring its administration. Haywood...

Inspiring black investors: John Rogers' slow and steady strategy has enriched millions of African Americans.(Ultimate Wealth Builders)
January 1, 2005... AT 46, JOHN W. ROGERS JR. IS A MASTER wealth builder. At such a young age, you might think this shrewd fund manager is unworthy of being called an investment legend. But his entrepreneurial roots run deep. In the 1910s, Rogers' grandfather J.B....

Here's to 5 years of DOFE: these readers have been taking control of their financial destiny using our 10 principles.(black Wealth Initiative)
January 1, 2005... ALTHEA DENKINS WAS DRIVING FROM her home in Kelly, North Carolina, on her way to work in Wilmington when she heard BLACK ENTERPRISE Editor-in-Chief Alfred A. Edmond Jr. on the Doug Banks Morning Show. "He was talking about how to live with the...

Staying ahead of the game: the Lewis family is changing its spending habits to make it through a temporary loss of income.(Family Fitness Contest Winner No. 54)
January 1, 2005... THE HONEYMOON MAY BE OVER FOR Aaron and Erica Lewis of Detroit, but the couple is still enjoying the fruits of the financial labor they put in before they said "I do." Married since March 2003, the Lewises own three homes and $30,000 worth of...

My first home: with the help of these first-time home buying programs, you too can have the American dream.(Homeownership)
January 1, 2005... Raun and Christina Swafford of Clarksville, Tennessee, were thrilled when they found out they were expecting their first child. Now that their family would be expanding, the couple felt it was time to take inventory and make some changes in...

Holiday debt hangover: dreading those nasty credit card bills? Here's how to get your finances back on track after the holidays.(Consumer Life)
January 1, 2005... It's Jan. 1 and your head's pounding, your hands are shaking, and you've got a bad case of the chills. No, you don't have the flu. What you've got is the holiday debt blues. Two solid months of office parties, gift shopping, and entertaining...

In the best health: what four individuals learned about visiting their doctor's, asking questions, and getting a second opinion.(Executive Health)
January 1, 2005... Managing your health involves more than just schedulings a yearly physical. It requires doing research, knowing your family, history and keeping up with new test a and screenings for your age and risk categories. It's also important to find a...

To achieve it, write it down: don't just envision your goals; put them on paper to make them real.(Peak Performance)
January 1, 2005... Most daydreamers are familiar with the euphoria that accompanies a vision. But empowerment is not realized until that vision is supported by a viable, sustainable plan with concrete goals. That's the philosophy of Rev. Nathaniel Gadsden,...

From wish to goal.(Peak Performance)
January 1, 2005... Follow Gadsden's pointers and you can carry your vision to the bank and not the grave. Write the vision and make it plain: A vision can be grand and ambitious, but objectives and goals should be concrete, simple, and measurable. ...

Don't just dream--plan.(Peak Performance)(Brief Article)
January 1, 2005... Lose weight. Earn a promotion. Learn a second language. Get out of debt. Few people would blame you for wanting to do any one of these things--or all of the above. The question is, are these true goals or mere wishes? Most of us are...

Mentor wanted.(Help Yourself)(Brief Article)
January 1, 2005... Q A I am a 21-year-old African American male who is trying to establish his own clothing business. t have a few of my shirts already in a store. However, I wanted to know how I could find a mentor. I would love for someone to point me in the...

In a fix? Home appliance coverage offers a cheap way to get repairs done.(Buying Power)
January 1, 2005... Your refrigerator goes on the blink and it will cost you $800 to replace it. Sound familiar? What if you had purchased a home warranty policy? Well, you would only have to worry about paying a $50 deductible to cover the cost. Home...

No more postdating: new bill allows banks to process your checks at warp speed.(Know Your Rights)
January 1, 2005... If you are in the habit of occasionally writing checks before your paycheck is actually deposited into your account because you think they won't clear for several days, you may be in for a rude awakening--and a few bounced checks. Thanks to a...

Credit repair.(Ask Your Advocate)(Brief Article)
January 1, 2005... QA I'm presently going through a divorce and I'm unemployed. I resigned from my job in September '02 to do an internship and graduate from college. During this time, I was unable to pay my creditors and now my credit is a mess. Should I file...

Going for a whirl: Jamail Larkin soars, dips, and shows off a few stunts.(Personal Passions)(Brief Article)
January 1, 2005... Jamail Larkins' day may consist of acquiring new accounts for his aviation marketing group or solidifying good relationships with existing clients--all while attending Embry-Riddle Aeronautic University in Daytona, Florida. In his spare...

Around town: Paris.(Lifestyle)
January 1, 2005... ACCOMMODATIONS * The Four Seasons Hotel George V Paris (31 Ave. George V; 33-1-4952-7000), an eight-story landmark, offers business amenities that include airline ticketing and secretarial and translation services. There is also afternoon...

An African American in Paris: Ricki Stevenson's entree to the City of Light.(City Insider)(Brief Article)
January 1, 2005... Paris is a city of great sites and enormous style, which is quite evident from a stroll down the Champs-Elysees or a visit to a world-renowned institution such as Musee du Louvre. It's part of what attracted Ricki Stevenson to this city of 2.1...

In a special place: Malliouhana is Anguilla's gem in the Caribbean.(First-Class Ticket)
January 1, 2005... There's a standard in ambience that one expects when retreating to the Caribbean: azure waters, powdery white sands, fanning palm trees, romantic sunsets, and inspiring views of it all at every turn. Malliouhana Hotel & Spa delivers--and then...

To the end of the world: a journey to Ushuaia, Argentina.(First-Class Ticket)
January 1, 2005... The adventure begins in the rural town of El Calafate, where palatial glaciers and icebergs in Argentina's Patagonian region rise to unimaginable heights and glisten like blue diamonds. It's an ice show unlike any other. As enormous chunks...

Expanding your network of contacts: join us this spring at the pre-eminent conference for entrepreneurs.(Entrepreneurs Conference)(Brief Article)
January 1, 2005... Established business owners, aspiring entrepreneurs, and corporate executives: register today for the 2005 Black Enterprise/General Motors Entrepreneurs Conference May 18-22, 2005, at the Wyndham Anatole Hotel in Dallas. Early bird registration...

Black Enterprise Unlimited.(Unlimited Options)
January 1, 2005... Black Enterprise Unlimited is a division of Earl G. Graves Ltd. dedicated to the creation of products and services designed to meet your business needs. We can be contacted at B.E. Unlimited, 130 Fifth Ave., New York, NY 10011-4399; fax:...

blackenterprise.com.(Unlimited Options)
January 1, 2005... Check out the latest features and links at the new and improved www.blackenterprise.com. Log on today to track your portfolio, find a new career using our online job search, and search franchises that fit your needs. BLACK ENTERPRISE/...

Small business awards nominees.(Unlimited Options)
January 1, 2005... Submit your nominations today for the 2005 BLACK ENTERPRISE Small Business Awards. Every year BE recognizes African American businesspeople who embody the spirit of entrepreneurial achievement. But we can't do it without you. Look within your...

Back talk: with billionare & bet CEO Robert L. Johnson.(Interview)
January 1, 2005... Black Entertainment Television founder Robert L. Johnson became the first African American to take his company public on the New York Stock Exchange in 1991. In 2002, he became the first black principal owner of a major sports franchise, the...