Britain’s biggest businesses make net zero pledge

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Severn Trent boss Liv Garfield - Heathcliff O'Malley
Severn Trent boss Liv Garfield – Heathcliff O’Malley

Some of Britain’s biggest business have committed to cut their carbon emissions to net zero by 2040 as the UK gears up to host crucial international climate talks next year. 

EasyJet, Pearson, Deloitte, Standard Chartered, Unilever and Severn Trent are among almost 50 public and private companies making the pledge ahead of a major meeting on Monday between ministers and business leaders to discuss how businesses can help protect the environment. 

The UK has a legally binding target of reaching net zero emissions by 2050, and ministers are keen to set an example as the UK gears up to host the 26th United Nations Climate Change Conference (Cop 26) in Glasgow next year. 

The conference had been due to take place this year but was delayed due to the coronavirus pandemic. 

The more than 200 business leaders attending today’s online meeting will

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Fashion and Beauty Brands Start Grants for BIPOC-Owned Businesses

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And many are accepting applications right now.

According to CBS News, 40% of Black-owned enterprises might not make it through the Covid-19 pandemic.

The Center for Responsible Lending estimated that 90% of small businesses owned by people of color “have been, or will likely be, shut out” from the Small Business Administration’s Paycheck Protection Program (PPP), Ashley Harrington, the organization’s director of federal advocacy and senior council, told CBS News in April. (You may remember how, quite controversially, the PPP initially sent loans to companies like Shake Shack and Ruth’s Chris Steak House, some of which were then returned due to public outcry.) A survey of Black and Latinx business owners and workers conducted by Color of Change and UnidosUS found that many weren’t receiving the aid they asked for from the Small Business Administration, if they received any aid at all, the New York Times reported.

In light of

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‘My Black Receipt’ Aims To Make Buying From Black-Owned Businesses More Than A Trend

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The coronavirus pandemic has only compounded the financial challenges faced by the Black community. Black entrepreneurs, for example, were disproportionately affected, with a 40% drop in the number of working Black business owners ― a far greater percentage than any other racial group. 

But the racial wealth gap is not a new problem. As of 2016, the net worth of a typical white family was nearly 10 times greater than that of a Black family ($171,000 vs. $17,150), according to the Brookings Institute

One way you can help solve this disparity is by supporting Black businesses. And a new campaign, My Black Receipt, aims to make that a long-term practice among consumers of all backgrounds. Here’s how to participate.

What Is My Black Receipt?

My Black Receipt is an initiative started by Black upStart, an organization that trains Black entrepreneurs to start job-creating businesses. Kezia Williams, the

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New York firm helps small businesses emerge from the COVID-19 crisis

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Jessica Larios’ baby arrived a few weeks before her due date at the end of February.

The owner of Bella’s Event – an event planning business in Yonkers, New York, specializing in rentals and sales of all things party-related from wedding gowns to quinceañera dresses, table linens and party supplies – Larios could not afford to take time off during one of the busiest months for bookings.

In a haze of feedings and caring for the baby, Larios plowed through her work. Less than a month later, things ground to a halt as the coronavirus pandemic took hold – and cancellations poured in.

Jessica Larios owns Bella’s Events, which specializes in rentals and sales of everything party-related, such as quinceanera dresses, in Yonkers, N.Y. The Acceleration Project, a nonprofit consulting firm, helped Larios navigate the loans process and adapt her business by moving it online.

“I was so worried

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Businesses You Can Start for Under $1,000

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If you’re trying to figure out how to start a business without a big infusion of cash from angel investors or your own savings, don’t despair. There are plenty of cheap businesses you can start that can turn into thriving enterprises.

In fact, you can get a business up and running for less than $1,000. If you’re looking to begin a business without a hefty investment, keep reading to find out how these entrepreneurs turned their business ideas into reality on shoestring budgets.

Last updated Oct. 18, 2019

Blog

  • Initial Investment: $3 a month

Blogging can be the best business to start with little money. Some bloggers actually launch their websites for $0.

Kelan and Brittany Kline started their blog, The Savvy Couple, in 2016 for less than $3 a month. “That cost covered our domain name and hosting at the time,” Kelan said. “From there, we grew our blog

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3 College Students Raise Money To Help Black Atlanta Businesses

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ATLANTA, GA — Many small businesses in Atlanta have been affected by the coronavirus pandemic. They were forced to temporarily close in March, until Gov. Brian Kemp announced that businesses and restaurants could resume operations in late April.

For some, reopening wasn’t an option. They had lost so much already. As those businesses who could reopen began to do so, a movement for justice rippled through the country after the death of George Floyd on May 25 in police custody in Minnesota. His death — along with the deaths of Ahmaud Arbery in coastal Georgia, Breonna Taylor in Louisville, Kentucky, and other African Americans — sparked demands to end police brutality and racism in America.

Here in Atlanta, protests have taken place daily, for over two weeks. Although many have been peaceful, there were instances where some protesters vandalized and stole from local businesses, according to police. With so many

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Support Black-Owned Businesses Every Day, Not Just During Protests

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black owned businesses collage

Heather Polk | @artcuresall

The past few weeks have been draining for Black people. On top of trying to not get coronavirus and dealing with furloughs and layoffs, we’ve had to witness the image of George Floyd taking his last breaths splattered everywhere. Another Black man killed on camera by cops. This comes just weeks after seeing Ahmaud Arbery murdered by white men in cold blood, and hearing about Breonna Taylor being gunned down by police in her own home. The outrage and unrest spawned by these events have gone global in a way that’s making people—white people—take heed.

And part of the response has been directed at lifting up Black-owned businesses—a worthy cause, but something that seems like more of a moment, than a movement. And to some extent, it rubs me the wrong way. Many headlines on publications across the internet (including this outlet right here) have

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These small businesses found new ways to serve customers by rethinking their approach

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With more than 42 million people unemployed and businesses shut down in every state, COVID-19 has taken a crippling toll on America’s economic health.

For many small businesses, which comprise 47% of private-sector payrolls in the U.S., according to the Small Business and Entrepreneurship Council, the sudden economic downturn has created a full-blown crisis.

MORE: When coronavirus hit, these small businesses got creative, but they still need help

The big-picture concern shared by economists is if businesses don’t survive, many Americans won’t have jobs to return to after the pandemic. That’s why experts have said it’s important to support local businesses, which are struggling to generate reliable income.

Now, salons, restaurants, florists and fitness instructors are creatively adjusting to the new realities of the coronavirus economy, pivoting to bringing parts of their business online, connecting with communities directly on social media or launching creative side hustles.

“GMA” put out a … Read More

White House adviser will not rule out more money for states, small businesses

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WASHINGTON (Reuters) – White House economic adviser Larry Kudlow said on Sunday he would not rule out anything in a new relief bill to ease the “tremendous hardships” of the coronavirus outbreak, including more money for state and local governments and small businesses.

More than 30 million Americans have joined the unemployment benefit rolls over the past six weeks and lawmakers on Capitol Hill are discussing a fourth coronavirus relief bill.

Democrats are pushing for additional aid to help cities and states cope with lost revenue from a shut-down economy and some governors have warned of massive layoffs if they fail to get it.

Some advisers to Republican President Donald Trump have said the need for another stimulus bill is not yet clear. But Kudlow said “there may well be additional legislation” as officials study how the billions included in the last bill take effect.

“We know the economy is

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Types of Businesses and Forms of Business Organizations

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A business entity is an organization that uses economic resources to provide goods or services to customers in exchange for money or other goods and services.

Business organizations come in different types and in different forms of ownership.

3 Types of Business

There are three major types of businesses:

1. Service Business

A service type of business provides intangible products (products with no physical form). Service type firms offer professional skills, expertise, advice, and other similar products.

Examples of service businesses are: salons, repair shops, schools, banks, accounting firms, and law firms.

2. Merchandising Business

This type of business buys products at wholesale price and sells the same at retail price. They are known as “buy and sell” businesses. They make profit by selling the products at prices higher than their purchase costs.

A merchandising business sells a product without changing its form. Examples are: grocery stores, convenience stores,

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