By Jeffrey McKinney, Black Enterprise
In many ways, 2017 proved to be both triumphant and bumpy for the nation’s largest black-owned businesses.
Several companies on this year’s BE 100s had robust revenue growth. Others struggled with increased competition, customer retention, and setting themselves apart from larger mainstream rivals. Most still possess resourcefulness, creativity, and other resilient qualities. As such, they have developed the rare entrepreneurial drive to succeed in an uncertain business climate.
There were significant shifts, however: Coca-Cola Beverages Florida L.L.C. became a new billion-dollar revenue addition to the Top 100 rankings. And on the BE BANKS list, OneUnited Bank edged out Carver Federal Savings as the nation’s largest African American banking institution.