Almost half of all U.S. employees work for small businesses, defined as companies with fewer than 500 employees, and a staggering 99% of all U.S. companies fall under the “small business” designation, according to the Small Business Association.
Entrepreneurship can be a steppingstone to wealth generation. In recent years, however, small business owners have faced many challenges, and that’s particularly true for those in majority Black, Hispanic and Latino communities. Fortunately, data…