The Power & Profit in Partnership for Black Women
Black women are the fastest growing group of entrepreneurs according to the 2017 AMEX OPEN State of Women-Owned Businesses report. Although this is promising news, the data shows that Black women on average earn less annually ($26K) than every other minority and non-minority group of women-owned firms. The reasons for this are varied, including a lack of funding, access to networks, and resources. Based on our experiences using joint ventures to build six-figure businesses, we want to highlight this viable option that other solo-business owners can use to increase their revenue. In this session, an attorney, marketing strategist, and business coach share strategies for Black women solopreneurs to utilize joint ventures as a tool for business growth. #collaboratevscompete
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Additional Supporting Materials
- Important questions to ask yourself to assess readiness for partnership with another business owner.
- Three types of partnerships for solopreneurs to consider.
- Legal and financial considerations for partnership success.
Summer Alexander, Owner, Simply Marketing Solutions, LLC