2 ms·

So that raises its own set of interesting questions that hits at the core of the issues that the article discusses: why is it the case that 9.4% of businesses a

So that raises its own set of interesting questions that hits at the core of the issues that the article discusses: why is it the case that 9.4% of businesses are black-owned yet only generate 3% of revenue? Are there issues with, say, obtaining a loan? Do they face challenges to growth that white-owned businesses do not? When fixated on the statistics, it's easy to forget the human questions around the disparity.

ewzimm 6y ago
Absolutely, and that 3% is for all minority-owned businesses, not just black-owned. One large part of the problem is likely that the higher revenue industries are dominated by big businesses that shut out small businesses. Here’s an industry breakdown showing a very small representation in industries like information. https://blackdemographics.com/economics/black-owned-businesses/amp/ https://blackdemographics.com/economics/black-owned-business...