How You Can Find and Support Black-Owned Businesses in Your Community

How You Can Find and Support Black-Owned Businesses in Your Community

Why Global Citizens Should Care

As the world looks ahead to recovering from the COVID-19 pandemic, some communities are struggling more than others as they face greater challenges.

The coronavirus has disproportionately affected people of color and exacerbated existing inequities that are the result of generations of systemic racism.

US President Joe Biden has made racial equity a priority of his new administration and has signed several executive orders related to the issue. He’s also committed to addressing the wealth gap, which has only widened in the last year. Black entrepreneurs, for instance, have had to close their doors at more than twice the rate of their white counterparts, according to a CNBC report, and the average Black family has about one-tenth the wealth of the average white family.

So what can we do in our own communities to make a difference? Supporting Black-owned businesses is an important step in helping to ensure these businesses endure through challenging times and are able to invest back into the communities they serve.

In honor of Black History Month, we’ve gathered some useful resources to help you easily locate these businesses — not only in the month of February, but throughout the whole year.

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Anthony Peak
Author: Anthony Peak

My name is Anthony T. Peak and I am a CPA and Business Owner. In addition to owning, Peak CPA Services, LLC, and Peak Travel Services, I work as a Senior Compliance Manager for Verizon Wireless. I earned a B.S. in Accounting from Morris Brown College. While at Morris...

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