Access To Capital Remains A Problem For Most Black Businesses
Written by Black Hot Fire Network on January 9, 2024
The 2021 Black Business Owner Spotlight survey conducted by Bank of America reflects a general sense ... [+] of optimism among its respondents, with nearly half (48 percent) expecting their revenue to increase this year. Yet, almost six out of 10 cited the challenges accessing capital as a barrier to their business’ growth. (Photo by Robert Alexander/Getty Images)
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by Kevin Michael Briscoe
By many accounts, access to capital has stunted the ability of minority business owners to maintain cash flow and cover operating costs. In fact, more . . .
