Minority-owned and Veteran-owned Businesses are Essential to U.S. Economy, But are these Small Business Buyers Leveraging all Their Available Resources?
We're honored to be featured in BizBuySell's recent article called "Boosting the Underrepresented: The Many Resources Available that Encourage Business Ownership for Minorities and Veterans" by Robert Flynn.
Happy to do our part to help close the wealth gap by making small business ownership more accessible.
In October 2021, the U.S. Census Bureau reported that an estimated 18.7% (1.1 million) of U.S. employer businesses were minority-owned, veteran-owned businesses made up about 5.7% (331,151) of all businesses. About 20.9% (1.2 million) of businesses were owned by women.
While minority-owned and veteran-owned businesses make up only a fraction of all businesses, each of these sectors are growing rapidly and are making a significant impact on the growth of the U.S. economy.
