Patronizing only businesses owned by people of a certain race.

[KrazyHorse]

You don't go to bars or restaurants?

By the way, franchises are not publicly traded...

[Kuciwalker]

Really? Huh? <-- sincere confusion this time
Do you mean the individual restaurants, or the franchise as a whole?
edit: you must mean the former, because McDonald's has a stock ticker.

I don't go to bars, and I think most of the restaurants I go to are part of some sort of franchise.

[KrazyHorse]

Franchises are generally owned by individuals/llcs/s corps (outside of corp-owned stores, which are generally the minority except for new brands)

The franchising corporation is often publicly traded

[mrmitchell]

a) I bet that a lot fewer (as a percent) publicly traded companies are majority black owned than are non-publicly traded companies

b) You'd be sorely mistaken. I've made purchases from at least 6 different black-owned businesses in the last month (that I know of for sure).

I was excluding traded companies because their ownership is harder to classify. I agree with your intuition on the percentage rates but I feel the numbers are probably 0% and maybe 3%.

b) Then you're a good man and you live in an enlightened area. On second thought I think I've made one such purchase.

[KrazyHorse]

McDonald's is apparently 85% franchised in the US, BK is 90%, Wendy's is 77% globally

Global franchising figures tend to be lower as they include a lot of less-developed markets for the product (the corp is trying to build the brand in order to gain franchise fees down the road).

[KrazyHorse]

b) Then you're a good man and you live in an enlightened area. On second thought I think I've made one such purchase.

I'm not a good man; the stores/restaurants simply offered a good product at a good price.

And I don't live in an enlightened area; I live in a city which is 70+% black.

EDIT: apparently only 65%

[Whoha]

It is their money to spend, and as long as the velocity of said money doesn't drop to zero I don't see the victimization.

[mrmitchell]

I'm not a good man; the stores/restaurants simply offered a good product at a good price.

And I don't live in an enlightened area; I live in a city which is 70+% black.

EDIT: apparently only 65%

My city is 50+% and I can think of three black-owned businesses in town.

[KrazyHorse]

No black people live on my block that I'm aware of, however. No hispanics either. We do have one Asian a few doors down from me.

[KrazyHorse]

Yeah, but your town only has 5 businesses.

[DaShi]

If I want to buy Korean, I generally just go to Korea and then buy anything.

Anything at all.

If I want to buy Chinese, I just go to Walmart.

[mrmitchell]

No black people live on my block that I'm aware of, however. No hispanics either. We do have one Asian a few doors down from me.

At least that's finally changed. Over the past decade my street has gone from being 100% white to about a third black. Also there's dozens of local businesses here. I'm not going to waste any time counting them.

If I want to buy Chinese, I just go to Walmart.

oh snap

[BlackCat]

No black people live on my block that I'm aware of, however. No hispanics either. We do have one Asian a few doors down from me.

Have you tried with some burning crosses and wearing white hoods while you gather around those ? I guess that even being asian, he'll get the message.

[Imran Siddiqui]

I only patronize geek owned business

Oh, yeah... it is somewhat racist.

[KrazyHorse]

Dude, this is Baltimore. He'd just shoot my ass.