• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
BlackDoctor.org
Where Wellness & Culture Connect

Where Wellness & Culture Connect

  • Health Conditions
  • Wellness
  • Lifestyle
  • Longevity
  • Resource Centers
    • Cancer Resource Center
    • Covid Resource Center
  • Find A Doctor
  • BDO TV
Home / Finances / Best Black-owned Businesses to Invest in 2021

Best Black-owned Businesses to Invest in 2021

2020 was no doubt drenched with ethnic tensions in the United States. An alarming gamut of racially-charged events brought to the fore long-standing issues of social inequalities and systemic racism in America.

It is definitely more than the cops pulling a gun on a young Black American in Boston just because he “looked” dangerous. Racism extends into disparities in access to capital for IPOC (Black, Indigenous, and people of color) businesses. 

We have been screaming for reforms and enhanced Black representation across all spectrums of American life, but the White House and Congress can’t do it all. Your sweet dollars can go a long way in bridging the wealth gap between Black and White communities. 

How? By buying stocks in Black-owned companies.  

You May Also Like
5 Top Sunscreens for Black Skin

 

4 Best Black-owned businesses to invest in 2021

We will not deny that your investment choice is fundamentally an economic one before a racial empathic one. This means you can’t just throw your money into any business just because Blacks own them. 

This explains why we put in the work to handpick the best performing Black-owned businesses (with the soundest prospect of positive ROI) you can invest in. 

Let us tell you our top four.

You May Also Like
15 Natural Remedies for Aches and Pains

American Shared Hospital Services

The American Shared Hospital Services deserves our top pick, being one of the most economically viable Blacked-owned businesses to invest in. Founded in 1980 by the industrious Ernest A. Bates, the company is headquartered in San Francisco, California.

This organization focuses on the technological dimension of the American healthcare industry. It has evolved to a leading provider of state-of-the-art medical technology to medical centers and hospitals spread across the U.S. 

Some of the dominant niches where the American Shared Hospital Services leases equipment include IMRT/IGRT, Proton Beam Radiation Therapy, and Proton. 

The American Shared Hospital Services – thanks to its GK Financing subsidiary – has consolidated itself as a global authority in Gamma Knife unit ownership. 

Of course, the company has grown in leaps and bounds since the 80s when it was founded. In 2020, it reported total revenue of $4,670,000 in the third quarter, a sizable leap of 17.0% from the $3,991,000 it posted as its total revenue in the second quarter.

CareCutz 

CareCutz is another leading Black-owned behemoth in the Hair and Beauty niche for people with special needs. CareCutz is modeled as a matchmaking platform connecting people with disabilities in Ohio with professionals (spanning stylists and barbers) with specialized training.

This brilliant idea was born in 2009 when founder Marvin Green was thrilled with the passionate and attitudinal transformation in one of his clients with special needs following a nice haircut. 

 

Continue Reading

The Latest In Finances

The Hold is Ending Soon! How to Get Your Student Loans Under Control Now

Since the beginning of the pandemic, many problems the United States is struggling with have taken the spotlight and shown how problematic they can really be. These issues have really got people talking, including our political figures. One of the read more about The Hold is Ending Soon! How to Get Your Student Loans Under Control Now

Overpaying tax? Amazing tax deductions often ignored

It is an unofficial American truth: no one enjoys filing their taxes. Arguably, the two moodiest days in America are 9/11 and Tax Day! Thank goodness for tax deductions; they are some of the efficient pain killers during the tax read more about Overpaying tax? Amazing tax deductions often ignored

Magic Johnson Offers $100 Million to Minority Businesses

**UPDATE**: As of June 15, 2020, Billionaire Robert F. Smith posted that he and others have secured an additional $10 Billion to give to minority businesses. The post read: "We have secured a $10B allocation of PPP dollars to support read more about Magic Johnson Offers $100 Million to Minority Businesses

5 Ways To Improve Your Credit Score During The COVID-19 Pandemic

Has the coronavirus pandemic impacted your daily routine, leaving you stuck in the house and anxious? Are you wondering how to be productive and make progress during a time of uncertainty? It’s simple, take control of your credit score! Credit scores read more about 5 Ways To Improve Your Credit Score During The COVID-19 Pandemic

Primary Sidebar

Subscribe to our newsletter

Poll

Popular Posts

  • Like Father, Like Son: ‘Miami Vice’ Star’s Son Handsome Like his DaddyLike Father, Like Son: 'Miami Vice' Star's Son Handsome Like his Daddy
  • LL Cool J & Wife Simone Smith Celebrate 25 Years Married: “We Celebrate Life”LL Cool J & Wife Simone Smith Celebrate 25 Years Married: "We Celebrate Life"
  • Football Legend & Coach Deion Sanders Has Toes AmputatedFootball Legend & Coach Deion Sanders Has Toes Amputated
  • Marjorie Harvey: Fit, Fine & 57!Marjorie Harvey: Fit, Fine & 57!
  • Halle Berry: Over 50 ‘Just Keeps Getting Better With Time’Halle Berry: Over 50 'Just Keeps Getting Better With Time'

Podcast

Footer

Where Wellness & Culture Connect

BDO is the world’s largest and most comprehensive online health resource specifically targeted to African Americans. BDO understands that the uniqueness of Black culture - our heritage and our traditions - plays a role in our health. BDO gives you access to innovative new approaches to the health information you need in everyday language so you can break through the disparities, gain control and live your life to its fullest.

Connect With Us

  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • YouTube

Learn More About

  • Hepatitis C
  • Diabetes
  • Sickle Cell
  • Mental Health
  • About Us
  • Privacy Policy
  • Advertise With Us
  • BlackDoctor.org Advertising and Sponsorship Policy
  • Daily Vitamina
  • TBH

Copyright © 2022, BlackDoctor, Inc. All rights reserved.