Black entrepreneurs are becoming more ardent supporters of social change as well as changing some of their business operating strategies amid COVID-19, a new survey for Bank of America reveals.
The Bank of America Summer 2021 Black Business Owner Spotlight included interviews with 300 Black small business owners. They were asked about several matters, including the pandemic’s impact, their goals, priorities, and challenges they face. The analysis also examined how COVID-19 is affecting the health and wellness of Black proprietors and what they are doing for employees in that area.
The recent online survey all told included a sample of 995 U.S. small business owners with annual revenue between $100,000 to $4.9 million.
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