A Historic Number of Black Women Own Small Businesses in the US, Finds Annual Small Business Trends Report Released by Guidant F
PR Newswire
BELLEVUE, Wash., Feb. 25, 2021
BELLEVUE, Wash., Feb. 25, 2021 /PRNewswire-PRWeb/ -- Women make up 46% of Black entrepreneurs, according to findings from the latest Small Business Trends report released by Guidant Financial.
The report's findings are based on the annual Small Business Trends survey conducted by the Small Business Trends Alliance (SBTA); a group of companies dedicated to supporting small business with data insights. The SBTA teamed up to conduct a joint survey of over 2,400 current and aspiring small business owners across the nation.
"Despite the challenges of the COVID pandemic and continued inequality, the resilience of Black small businesses owners is clearly demonstrated in our survey results," said David Nilssen, Guidant's CEO. "A majority of the respondents cited they were looking to grow their business, showing their determination to successfully emerge from the pandemic, which has deeply affected the Black small business community."
More Small Business Trends report findings:
Accompanying infographic and report can be found HERE
Methodology
The Small Business Trends Alliance, an organization comprised of Deluxe, Guidant Financial, MyCorporation, Flippa, FRANdata, and AP Intego, conducted a joint email survey from December 1, 2020 to December 18, 2020 of more than 2,400 current and aspiring small business owners nationwide.
About Guidant Financial
Guidant Financial helps business owners secure financing to start, buy, or grow a business. An industry leader in business and franchise financing, Guidant works with new and existing entrepreneurs to identify, evaluate, and deploy customized financing solutions. Their services include, but are not limited to, 401(k) business funding, SBA loans, unsecured credit, and portfolio loans. In total, Guidant has helped over 20,000 entrepreneurs in all 50 states to invest more than $4 billion in funds to start small businesses, resulting in more than 85,000 U.S. jobs created. Visit Guidant at guidantfinancial.com.
About the Small Business Trends Alliance (SBTA)
Founded in 2019, the Small Business Trends Alliance (SBTA) is a group dedicated to supporting small businesses with data trends and insights. These data-backed insights are intended to help small business owners confidently make key decisions, and to bring transparency to small business for prospective entrepreneurs to learn more about their options. The 2020 SBTA includes Guidant Financial, Deluxe, Flippa, MyCorporation, FRANdata, and AP Intego.
Media Contact
Stacia Kirby, Guidant Financial, 206-478-5841, stacia@kirbycomm.com
SOURCE Guidant Financial