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Posts Tagged 'Business Challenges'

We are pleased to present below all posts tagged with 'Business Challenges'. If you still can't find what you are looking for, try using the search box.

Unveiling Challenges for Minority-Owned Businesses in 2024

The 2022 Annual Business Survey (ABS) revealed that there were around 5.9 million employer firms in total. Out of these, 1.2 million (21%) were owned by minorities, 304,823 (5.2%) were owned by veterans, and approximately 1.3 million (22%) were owned by women. These businesses together generate over $1.8 trillion in revenue and employ 6.3 million workers. However, some minority-owned businesses are facing challenges that are holding back their growth. Bank of America's 2022 Women & Minority Business Owner Spotlight highlights that 46% of Women & Minority Business Owners have faced difficulties in accessing capital, among other challenges. Minority-owned businesses should remain vigilant and watch out for these challenges in 2024.

Navigating Choppy Waters: Franchises Confront Financial Struggles Amidst Market Challenges

The franchise industry, known for its resilience and ability to adapt, is currently facing a unique set of financial challenges. Despite its historical stability, franchises are grappling with a confluence of factors that are testing their financial viability.

Podcast: What Fuels You? Motivation and “Doing the Impossible”

Elaine Szeto, the EVP/Chief Innovation Officer & Founder at Integro Bank, joins the Arizona Escrow & Financial host with their podcast "Practical and Positive Leadership: Behind the Mic" to talk about how you can build a positive team based on the book Doing the Impossible by Patrick Bet-David. Elaine Szeto has spent the last 24 months quickly building the team from the ground up at Integro Bank.

Empowering Women Entrepreneurs: Taking on Challenges and Shaping the Future

In the last two decades, the number of women entrepreneurs has increased by an impressive 114%. Recent data from 2020 indicates that 47% of women started a business, compared to 44% of men. As of 2023, there are now over 9.4 million women-owned and women CEOs businesses in the United States. This growth is a positive reflection of the increasing visibility of women CEOs and entrepreneurs in various regions.

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