Black-owned businesses took a pandemic hit, but they're doing better than ever now — largely because of Black women
"The potential return of the freedom of time, lack of unnecessary controls and financial success far outweighs the risk of failure for these Black female entrepreneurs when leaving their full time jobs," Bradley said.
And that's just one metric. Educational attainment, median income, and the number of new Black-owned businesses overall increased more for Black Americans than the national average in the last decade, the researchers found. But the pandemic exposed just how many Black-owned businesses rely on in-person interactions when many of them were forced to close. The government aid program meant to keep small businesses afloat — the Paycheck Protection Program — onlyBlack people also have less
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Try something different': Chicago Black Restaurant Week 2022 highlights Black-owned establishmentsChicago Black Restaurant Week returns this year, featuring restaurants, bakeries and more during Black History Month 2022.
Read more »
5 Black EGOT Winners And 7 More Talented Black Actors Who Are Getting CloseThese incredible Black actors have been recognized for being able to do it all.
Read more »
How Berets Became a Part of Black History, From the Black Panthers to BeyoncéBlack berets have long been associated with revolutionaries. We trace its history, from the French Resistance and Black Panther Party to Beyoncé.
Read more »
Snag Fan-Favorite Products from Black Owned Beauty Brands — Save Up to 40% From Nordstrom & Macy'sGrab some products from these beloved, Black-Owned brands while they're still on sale!
Read more »