Business Owners File Lawsuit Over 'Intrusive' Act Requirements
The lawsuit alleges the new requirements adds additional burdens to business owners of color and immigrant business owners.
Source: blackenterprise.com
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Small Business Toolkit: 8 Resources for Black-Owned Businesses
Published January 12, 2021 • Updated on January 12, 2021 at 9:21 am @criene via Twenty20 Only 4.3% of America's 22.2 million business owners are Black, according to a February report by the Brookings Institute. And Black-owned businesses launch with about "a third less capital than their White peers and have difficulties raising private investments from mainstream investment systems," reported Brookings. While 7% of White business owners get a loan in their first year of business, only 1% of Black business owners do so. Amid the Covid-19 pandemic, Black-owned businesses have also been ...
Source: nbcnewyork.com