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Federal Reserve numbers show that black business owners receive less business financing, less often, and at higher interest rates. Plus there is a serious wealth gap between black vs other communities. Tax Services: https://bit.ly/3iC6FCI Subscribe: https://bit.ly/2HJlq46 So in this video, in celebration of Black History Month, what I want to do is talk about The Statistical Challenges Black Business Owners Face How I Overcame Some of These Challenges Current State Going Forward Timecodes: Intro (0:00) The Facts & Statisitics (1:35) Challenge #1 (2:39) Challenge #2 (7:00) Challenge #3 (10:50) Challenge #4 (12:36) Going Forward (14:15) Helpful tools I use: Quickbooks (for Bookkeeping): https://bit.ly/3ATx1F3 ZenLedger (Crypto capital gains tax tool): https://bit.ly/3Lgabwf Suggested to Watch Next "Side Hustles that Become Main Hustles": • 6 Best Side Hustles that become Main ... More Popular Uploads: Single Member LLC, What You Must Know: • Single Member LLC: What You Need to K... Tax Planning for Beginners: • How to Build a Tax Plan (Tax Planning... Tax Secrets: • Tax Secrets: What “They" Don’t Want Y... How to Start a Business: • How to Start a Business in 2024: Your... How to File Your Taxes as an LLC: • How to File Your Taxes as a LLC Owner... #blackhistorymonth #blackbusinessowners #wealthgap Please be sure to give this video a like and subscribe to our channel so you don't miss out on future videos! /// Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).