Black Business and the Recession, Winning Back SMBs, Increasing Rents, and More
By Next Street|2022-07-05T15:00:04+00:00Jul05,2022|Small Business Industry News|Comments Off on Black Business and the Recession, Winning Back SMBs, Increasing Rents, and More
Heard on the Street – here’s what we were reading last week:
Are Black Businesses Ready For Another Recession?: Black businesses were slammed by the pandemic-induced recession of 2020. Although they bounced back fairly strongly in 2021, many Black businesses still have some of the vulnerabilities that existed before, such as low cash reserves and difficulty accessing credit relative to other groups.