Today, Operation HOPE, Inc. and Momentive (formerly SurveyMonkey) announced the latest results from their Q3 Minority Small Business Index Survey conducted in partnership with Tableau. The survey offers a guide for evaluating sentiment around the current social, economic, and political climate that impacts Black small business owners (SBO) ability to succeed.
Survey results, which includes responses from nearly 1,000 participants in the Operation HOPE 1 Million Black Businesses Initiative (1MBB), revealed that women outpace men in access to several key business development opportunities. The data also shows that women are taking advantage of more tools and resources to help improve their businesses, even during the ongoing pandemic.
Key findings include:
- Nearly 1 in 5 women small business owners say they trust a community-based organization or non-profit the most to help their business succeed, while only 7% of men agree.
- Big-Box retailers are experiencing supply chain issues, so this holiday season is the time to consider small business alternatives. Read more.
