Last updated 24 hours ago
Industry News

Black Businesses Are Fighting To Survive, But This Isn’t Anything New

A new study about small business owners was conducted by the U.S. Chamber of Commerce and found that the top two issues facing entrepreneurs today are inflation and supply chain issues. However, an additional study also noted that Black entrepreneurs have different hurdles to overcome due to race. 

Another study regarding the government’s Payment Protection Program (PPP) showed that systemic racism is also a challenge for this particular group. It stated that “businesses of color were more likely than White-owned businesses to be disadvantaged by the structural limitations built into the PPP program.”

Read More