News Too Real 6-15-21: Pandemic Aftermath: Will ethnic small business be left behind?

16 de jun. de 2021 · 1h 27m 33s
News Too Real 6-15-21: Pandemic Aftermath:  Will ethnic small business be left behind?
Descripción

In this episode of News Too Real, producer host Julia Dudley Najieb reviews the crisis for ethnic, small businesses after the pandemic caused a shutdown of the entire economy; 41...

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In this episode of News Too Real, producer host Julia Dudley Najieb reviews the crisis for ethnic, small businesses after the pandemic caused a shutdown of the entire economy; 41 percent of Black businesses nationwide have shut down since the beginning of the pandemic until now.

The U.S. is home to more than four million minority-owned companies in the United States, with annual sales totaling close to $700 billion. As the COVID-19 pandemic hit, many small enterprises had to rapidly reshuffle their business models; 200,000 businesses permanently shut down.

How will mom-and-pop Main Street America emerge from this crisis; will small businesses catch the wave of the expected economic boom, or continue to tread water to stay afloat?

Three experts address this problem head-on: Lendistry CEO Everett Sands; historic Washington D.C. business owner, Virginia Ali and Congressman Ro Khanna.
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