Meet Nita

God’s Grace is sufficient. I have had people tell me ‘you’re like a cat with nine lives.’ I just seem to keep landing on my feet, thank goodness! Nelson Mandela puts it very nicely… so let’s agree to focus on the times we got back up again.

I am a Business Strategist and enjoy working with start-ups and all stages of businesses. I also help organize things (including a budget), clean up stuff (like filing past year tax returns or setting up QuickBooks), and identify growth strategies (including research on who your best clients are, who your competitors are, and what you have that adds value).

I have served in volunteer roles in the Memphis Community and enjoy doing something worthwhile. What about you?

Things I enjoy doing include helping the homeless by serving as transportation volunteer for Jacob’s Well UMC or writing grants for SHIELD Inc. and building my business by networking through Business Network International (BNI). In the past I served as Secretary on the board of the Lisieux Community which provides support and education for women surviving prostitution and addiction.

My degree is a BBA with a major in Accounting from the University of Memphis. My minor was in piano and music. With three beautiful daughters – Jenny, Chellye, and Angie – and seven grandchildren, my cup runneth over!”

Nita’s For-Profit Hat:

Nita is the CEO/Business Strategist and Founder of NitaBlack.com.  The company’s services include business planning, budgeting and forecasting, and strategic planning for success.  Clients are Founders of start-ups, growth companies, and non-profits.  The company specializes in working with Baby Boomer Entrepreneurs, often matching Boomer clients with Millennials or GenXers who are good candidates with whom they can partner for growth and exit.  Core services focus on business planning and a working cash budget to integrate financial and non-financial strategies for success.

NIta’s experience includes 30+ years in banking, where she worked with privately-owned companies typically with up to $50 million in annual sales.  As a client relationship manager, she structured financing for her clients as well as recommended cash management strategies and bank products to help maximize their cash flow and minimize costs.  Also, as a workout specialist, Nita customized strategies with clients for them to reduce debt in a cost-efficient and timely manner.  Her 15+ years’ experience in both pre and post-bankruptcy situations provides extensive grass-roots business knowledge that is hard to find in other business strategists.

During her tenure as a commercial banker, and thereafter as a business owner, Nita worked with hundreds of businesses and non-profits to develop customized business plans, budgets, financial forecasts, and strategic plans.  According to the Small Business Administration, 80% of failed businesses did not have a written business plan.  Nita’s mission is to help clients experience financial and non-financial success.  Failure is not an option.

Non-Profit Hat(s):

Jobs Hatchery, Inc. was formed by Nita as a non-profit corporation to assist individuals in obtaining housing and employment.  Jobs Hatchery manages a micro loan fund which is used to help fund businesses that create new jobs in the Memphis and Shelby County area.

Other volunteer roles include:

Nita Black - Business Strategist

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