Dear Black Businesses, I’ve Had It Up To Here
The U.S. Bureau of Labor and Statistics reports about 20% of small businesses (businesses with 500 or fewer employees) fail within their first year. That percentage increases to 50% by the fifth year.
Black business owners have their own set of unique challenges to deal with. So it’s imperative from Day 0, from top to bottom everything is air tight, to not only survive but flourish.