Heard on the Street – here’s what we were reading last week:
Where jobs are concentrating and why it matters to cities and regions: Today, new ideas and innovations are fostering the creation of products and services that increase productivity and raise overall standards of living. But this digital revolution is also benefiting some industries, workers, and communities over others.
The Challenge of Negotiating Race in Cross-Sector Spaces: We must take on the difficult work of accounting for race and racism in our collective change-making endeavors or face the risk of failing to undo systemic inequities.
Small business owners will die; pretending they won’t hurts their families: Surveys taken by banks and insurance companies in recent years found that most owners haven’t created a succession plan that provides for who will own and run a business after the owner’s death. But even those who have plans may not have written them or communicated them to anyone — including their chosen successors.
How Women Can Get The Loans Their Businesses Need: Undercapitalized businesses have lower sales, lower profits, and generate fewer jobs. Women start with less capital than their male counterparts, and raise less debt and equity in their early years.