Black Owned Business Survival

BLACK OWNED BUSINESS SURVIVAL How have black owned businesses been impacted in the pandemic?The business plan is the quintessential roadmap for success when starting a new business. From needs assessment through implementation and contingency plans, are all supported by financial projections to guide the process. But even with financial flexibility that is built into the plan, who could have imagined COVID-19? Over 440,000 black businesses have closed since the pandemic broke out. That’s over 41% — compared to 17% of white business closures. Why the disparity? The thread of systemic injustice is apparent. Where do black businesses go from here? Join us and our guest, Alisa Joseph, CEO of CINE Enterprises, and Director of Programs for the US Black Chambers, Inc., as we navigate a pathway to survival, success and parity.

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