• Black Business Breakfast

    Hosted by Aleka Gutzmore

    Collaboration & Development

    Once a Month - Thriving Tuesday

  • PROPEL YOUR BUSINESS TO GREATNESS

     

    Why is there a need for a

    Black Business Breakfast

     

    It has been reported that the median turnover of Black business owners is just £25,000, which is significantly lower than the median turnover of White business owners, which is £35,000. Additionally, the median productivity of Black entrepreneurs' businesses is less than two-thirds of that of White entrepreneurs. Furthermore, only half of Black entrepreneurs can achieve their non-financial goals, compared to almost 70% of their White counterparts.*

     

    Problem

    Are you a business owner who is tired of struggling with finances?

    Do you believe that your business has the potential to do better financially?

    Are you ready to explore new ways to manage your cash flow and take steps to ensure that you profit from your activities?

    Do you need to understand the U.K. Black Business Statistics to avoid becoming one yourself?

     

    Solution

    If so, I invite you to join me at these events to gain the knowledge and tools you need to achieve the financial success you desire for your business. Gain connections, insight and strategies to keep you in the green.

     

    Collectively 

    I've committed to making it my business to build, develop and defend our community to restore our people to their traditional greatness.

    As in the statement of PURPOSE in the Kwanzaa commitments, NIA.

     

    I operate in a visionary mode regarding money and mirco-business strategy.

    My role is to educate and empower.

    My clients say, Aleka, you make it, make sense!

     

    *data taken from the entrepreneurship and diversity in the UK report.

     

    SCROLL FOR MORE...

  • UK Black Business

    Insights

    37%

    37% of Black female entrepreneurs did not make a profit last year, compared to just 16% of White male Entrepreneurs. Outcomes are worst for Black, Asian and Other Ethnic minority female entrepreneurs.

    1 in 6

    One in six Black entrepreneurs decide to start a business after identifying a gap in the availability of products suited to them. Entrepreneurs with the lowest household incomes are twice as likely to say they had no other choice

    48%

    48% of entrepreneurs closed their businesses or saw sales reduce by more than 75% due to COVID-19. Entrepreneurs in the South East and North East see most success, with outcomes substantially worse in London

    70%

    Black male business owners report being particularly badly affected and having to take drastic action to save their businesses in response. 70% of Black male Entrepreneurs took ‘drastic action’ to protect their business.

  • COMPANIONS NEVER COMPETITION

    Network | Menu | Timings

    1st Tuesday Morning of the Month

    9.30 am - 11.30 am

    Let's come together and build a culture that values collaboration and growth.

    Connecting with other business owners can create a collaborative work environment that instils a sense of ownership and accountability.

     

    This will foster transparency and knowledge sharing and encourage communication across black-owned businesses.

    We can bring out the best in all rather than just a select few.

     

    Discover new tools to help your growth.

    We will explore some topics to help you improve your business's financial management.

     

    Business Cash flow:

    Learn how to create an effective cash flow for your business and use it proactively to keep the cash flowing.

    Discover best practices and tools that can help you manage your cash flow effectively.

     

    Record Keeping:

    Understand what records you need to keep and how to keep them.

    Discover new tools that can help you keep accurate records and take the stress out of end-of-year accounts processing.

    Important things Directors need to know:
    Learn about the common mistakes that Directors make with their finances and discover new tools to help you grow your business.

  • broken image

    Thriving Tuesday

    MEET UP TO NETWORK WITH OTHER BUSINESS OWNERS

    GAIN INSIGHT AND CONNECTION TO HELP YOU THRIVE

  • Keeping it Simple

    QUARTER ONE DATES

    £25.00 person

    6th Feb 2024