There are many reasons why we should support black-owned businesses. Some of these reasons include:
The Power of Black-Owned Businesses in the Modern Era”, by Chris Jones, Oxford University Press: “A survey of black owned businesses shows they have been consistently and rapidly growing. Their growth has occurred not only at levels matched elsewhere but also more recently as their ownership structures are made richer through policies to attract corporate investment. More importantly than those results is how this trend looks now.” “Why Do We Need an Black American President? An Analysis of The 2016 Primaries,” by Dan Schaper, Economic Policy Institute: What does a successful presidency mean to someone like me or many others across America who live beyond my grasp while still wanting it so badly we don’t want to go back
Black-owned businesses are a powerful force in the economy. They have been hitting unprecedented highs in recent years and they are showing no signs of slowing down. Black-owned businesses generate the most jobs for Black Americans and Black Americans make up a significant portion of their workforce.
In addition to providing employment opportunities, black-owned businesses also provide services that are tailored to the needs of its customers. For example, black-owned grocery stores provide foods that fit within certain dietary restrictions and sell products that cater to specific culture and tastes.
The Black community has been the target of discrimination, both historically and as recent as today. Major corporations have come to prey on the Black community for financial gain, without regards to the emotional and physical toll it takes on our people.
In order to combat this, we must take a stand and support Black owned businesses. These businesses not only provide jobs for those in our community, but they also make a positive impact with their charitable donations.
We may face backlash from established companies, but this is an important step that we must take if we are going to heal from the traumas of slavery and segregation.
We’ve written about this subject before, but the key point is that it isn’t just an issue of giving business owners more resources. Those companies are doing a good job with their programs and services – they’re also creating some really important jobs for themselves in our community.
Even when we don’t understand exactly what businesses need or how often different kinds of workers fit into certain industries, people do support local governments by buying products/services from those same enterprises (which helps sustain them). The problem here is not only making sure people of colour as consumers have access-to basic necessities in our community at affordable prices; Regardless of how much money you have, you may wish to put into enhancing the accessibility issues.