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Recent Minority Business News

  • Fri, 24 Apr 2015 18:33:43 +0000: Equity-based Crowdfunding: Potential Implications for Small Business Capital - MBDA Syndicated News Feed

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  • Fri, 24 Apr 2015 13:57:08 +0000: 3 Main Points Before You Establish Credit for Your Business - MBDA Syndicated News Feed
    Created on April 24, 2015

    Credit CardsThere are various factors to consider when deciding to use credit for your business. The most crucial and overlooked component is can you afford to use it? Every business’s credit needs are different. Many small business owners have the misconception that if business credit is granted to them, they can afford to use it. Credit applications don’t ask what your business expenses are, whether or not your business equipment is outdated and needs to be replaced soon, or if you need to hire new employees, or how much is spent on advertising each month.

    So before you start applying for business credit or accept the first credit offer that comes in the mail, understand that there are three main points to consider before filling out an application. Let’s review these three key points below:

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  • Fri, 24 Apr 2015 13:47:09 +0000: Before You Export: 5 Tips for Gathering Market Intel - MBDA Syndicated News Feed
    Created on April 24, 2015

    Market ResearchDid you know that more than 95 percent of the world’s consumers live outside the United States? That’s a staggering number – and perhaps even more so is this figure: only one percent of U.S. small businesses are selling to those consumers.

    The benefits abound when it comes to selling Made-in-America goods and services internationally. In addition to the cultural exchange inherent when developing global relationships, U.S. businesses – including small, minority- and women-owned businesses – can grow faster, hire more employees and pay higher wages.

    There’s a huge global market for your small business offerings, so here are a few insights from experienced exporters to consider as you go about gathering international market intelligence.

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  • Tue, 21 Apr 2015 19:23:18 +0000: Security in the Mobile Era - MBDA Syndicated News Feed
    Created on April 21, 2015

    Mobile SecurityBy 2017, the number of smartphone users in the U.S. is expected to surpass 200 million, nearly 65 percent of the population. Negotiating security in the face of an ever-growing implementation of mobile devices presents serious challenges for organizations. Risks include the growth of Bring Your Own Device (BYOD) (coupled with a lack of security controls for these devices), loss/theft of devices, and the proliferation of mobile malware.

    Users need to understand the risks and the steps they can take to minimize them, particularly as cybercriminals often use employees as the entry point into an organization’s network. Below are some key actions users can take to help minimize the likelihood of a successful cyber attack.

    Regularly update your device.

    Mobile malware increased 75% in 2014 from 2013, and further increases in malware are expected in 2015, particularly in mobile ransomware. Updated operating systems and security software are critical in protecting against emerging threats.

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