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According to data from the U.S. Census Bureau, approximately 9.8% of all businesses in the United States are black-owned. This percentage represents a significant increase from previous years and highlights the growing impact of black entrepreneurs on the economy. While this figure is encouraging, it is important to recognize that black-owned businesses still face unique challenges and barriers to success. By understanding the current landscape of black entrepreneurship, we can better support and foster an environment that empowers black business owners to thrive.
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THE OWNERSHIP OF BUSINESSES BY BLACK ENTREPRENEURS IS AN IMPORTANT TOPIC TO EXPLORE IN ORDER TO UNDERSTAND THE ECONOMIC LANDSCAPE AND OPPORTUNITIES FOR MINORITY COMMUNITIES. ACCORDING TO PERCENTAGE OF BUSINESSES THAT ARE BLACK OWNED IS STEADILY INCREASING. IN FACT, AS OF 2021, BLACK-OWNED BUSINESSES MAKE UP APPROXIMATELY 9.5% OF ALL BUSINESSES IN THE UNITED STATES. RECENT RESEARCH, THE
US US CITIES CITIES WITH OWNED OWNED BUSINESSES BUSINESSES WITH A A MAJORITY MAJORITY OF OF BLACK BLACK- - IN THE UNITED STATES, THE PERCENTAGE OF BUSINESSES THAT ARE BLACK-OWNED IS INCREASING STEADILY. ACCORDING TO THE LATEST DATA, ABOUT 9.52% OF ALL BUSINESSES IN THE COUNTRY ARE BLACK-OWNED. THIS IS A SIGNIFICANT INCREASE FROM PREVIOUS YEARS AND IS ENTREPRENEURIAL SPIRIT WITHIN THE BLACK COMMUNITY. MANY FACTORS CONTRIBUTE TO THIS GROWTH, INCLUDING INCREASED ACCESS TO CAPITAL AND RESOURCES, AS WELL AS A GROWING RECOGNITION OF THE VALUE AND IMPORTANCE OF DIVERSITY IN THE BUSINESS WORLD. A REFLECTION OF THE
LIST OF CITIES Cities % Of Black Ownership 3.1% 3.3% 3.5 % 3.6% 3.0% 3.3% Saginaw, Michigan Saginaw, Michigan Houston, Texas Houston, Texas Raleigh, North Carolina Raleigh, North Carolina Tallahassee, Florida Tallahassee, Florida Huntsville, Alabama Huntsville, Alabama Indianapolis, Indiana Indianapolis, Indiana
BEST CITIES FOR BLACK ENTREPRENEURS BEST CITIES FOR BLACK ENTREPRENEURS DURHAM, NORTH CAROLINA ATLANTA-SANDY SPRINGS-MARIETTA, GEORGIA MEMPHIS, TENNESSEE BALTIMORE, MARYLAND MONTGOMERY, ALABAMA
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