Interesting Statistics
- 15% of adult African-Americans have registered EINs (Approximately 6 million)
- 91% of black-owned businesses have no employees outside of the owner
- 73.2% of businesses are registered as sole proprietorships
- Black owned businesses only account for about 0.1% of all business revenue in America.
- 0.4% of black businesses become generational
- 74% of all black-owned businesses feel they need to pander as white-owned through their marketing paraphernalia.