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
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