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One of the most effective ways to strengthen your business operations is by

August is National Black Business Month—a time to celebrate black business owners and an opportunity to highlight their accomplishments within the community and to empower fellow black entrepreneurs. This year’s celebration tested the resilience, creativity, and economic power of Black entrepreneurs across the country. The unemployment rate for Black Americans rose to 7.2% in 2025 —the highest since 2021, which will surely have an impact on the consumer spending power. Last y