Small Businesses Have Surged in Black Communities. Was It the Stimulus? - The New York ... - 0 views
-
There has been a surge in start-ups in America that experts have yet to fully explain. But a new study — using data that allows researchers to more precisely track new businesses across time and place — finds that the surge coincides with federal stimulus, and is strongest in Black communities.
-
The pandemic might mark the end of a slump in entrepreneurship that has lasted for several decades.
-
For aspiring business owners, registering a business with a state is a key step. In some states, it can cost a person a few hundred dollars to file. In return, the registration protects personal assets in the event of a bankruptcy; confers tax and banking benefits; and makes hiring workers easier.
- ...3 more annotations...