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Here’s a thought-provoking statistic: A whopping $290 billion would be created in Black wealth if the revenue gap between what Black-owned and white-owned businesses generate were equal.
Further, 72% of Black owners expect revenue and sales growth this year, versus 69%. And some 69% of Black owners expect their profits to rise in 2023, higher than the 65% for all small businesses.
NEW YORK, Nov. 10, 2021 /PRNewswire/ -- Despite economic uncertainty caused by the COVID-19 pandemic and systemic barriers, Black and Latino entrepreneurs saw unprecedented business performance ...
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