How Minority Small Business Matters to Financial Institutions

How Minority Small Business Matters to Financial Institutions

According to the latest U.S. Census figures, business owners that describe themselves as diverse, women and veteran owned account for 21 percent of small businesses. Not only is this an uptick in the statistic, a larger percentage than ever before, but the number of female-owned businesses is rapidly accelerating. The U.S. has 12.3 million women-owned […]

While Congress works to put a continuing resolution together to keep the U.S. government funded, a government shutdown has any number implications for small business owners. Starting October 1, 2023, major industries and the economy-at-large may be disrupted by a shutdown from Washington, with 91% of small business owners indicating a shutdown would significantly impact […]

The impact of a government shutdown on small business is a matter of significant concern, as revealed in a recent survey conducted by Goldman Sachs. Here are some key takeaways from the survey and why it matters: Government Shutdown: Negative Impact on Small Businesses: According to the survey, 91% of small business owners strongly favor […]