Black Biz DFW
If you are thinking of starting a business,
how would you answer these questions?
- For whom are you creating value?
- Who are your most important customers?
- What are the customer characteristics?
- What value do you plan to deliver to the customer?
- Which one of your customers' problems are you hoping to solve?
- What bundles of products and services will you offer to each customer segment?
- Which customer needs will you satisfy?
- What is your minimum viable product?
- How do your potential customers want to be reached?
- How are your competitors reaching them now?
- Which ones work best?
- Which ones are most cost efficient?
- How do you integrate them with cusomer habits?
The percentage of Black-owned businesses that have employees is significantly lower than the Black population percentage in DFW.
According to the U. S. Census Bureau:
- The Black population in DFW is about 15.0%.
- Black-owned businesses in DFW are around 12.8% of all businesses in DFW (not including publicly held firms).
- However, Black-owned businesses with paid employees total only about 3.0% (not including publicly held firms).
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates
Source: U.S. Census Bureau, Annual Survey of Entrepreneurs and Annual Business Survey
For the Dallas/Fort Worth/Arlington Metro Area (DFW), which industry categories have the most Black-owned businesses?
In which industry categories, are Black-owned businesses making the most money?
Well, the answers to those questions depend on whether the businesses have paid employees or not, as the data in the accompanying tables will show.
This article contains estimates of how many Black-owned businesses are in the various industry categories in DFW. It also . . .
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