Abstract:

The COVID-19 virus has impacted every economic segment and demographic in the world in 2020. Especially hard hit has been small businesses, which often are working day to day to cover costs and remain profitable. In the United States, minority-owned businesses have been more severely impacted than other businesses and in particular, Black-owned businesses have experienced more negative impacts due to the pandemic when compared to their counterparts. This paper will highlight some of the issues and challenges faced by Black small businesses in response to a survey regarding the pandemic. Suggestions and recommendations will be given to assist these firms in recovery and growth.