Why Black Owned Businesses Struggle and Don’t Survive 7/27/21

Lashaun Turner
Jul 28, 2021

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Why Black Owned Businesses Struggle and Don't Survive 7/27/21

It can be difficult for any business to succeed, but Black entrepreneurs have historically faced unique challenges. Despite, buy-black campaigns, grants, and other resources, 8 out of 10 Black-owned businesses fail within the first 18 months.

black owned buisnesses

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So why do Black entrepreneurs continue to lag behind whites and other minority groups in terms of market share, and what will it take to keep them in business?

Black Owned Businesses — video

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Lashaun Turner
Lashaun Turner

Written by Lashaun Turner

JADED: Journalism with a Touch of Shade is Lashaun’s views and opinions on trending topics. Lashaun is a Journalist, Reporter, and Viral Content Creator

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