The Hardcore Truth about Black Owned Businesses

28 Oct 2022


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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:

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

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):
- ZenLedger (Crypto capital gains tax tool):

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#blackhistorymonth #blackbusinessowners #wealthgap

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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).

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