The effects of the current pandemic on small business amid forced closings, modified reopening and weakened demand, are well documented. While the overall decline is noteworthy, differences among closure rates across racial and ethnic groups are even more striking. Black businesses experienced the most acute decline, with a 41 percent drop between February to April 2020 (Source The Impact of Covid-19 on small business owners nber.org)
At the AFRO, rather than engage in further study of problems we are committed to offering a platform for “SOLUTION FOCUSED” programming!
So, what’s your next move?
