Women-Owned Businesses Hit Harder by the Pandemic 5 min read ⢠Feb 14, 2021 ⢠Terri Williams
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With few exceptions, American businesses have struggled during the pandemic. Some have already shuttered their doors, while others are barely hanging on. And some groups, such as Black-owned businesses, have been particularly ravaged by COVID-19.
Another hard-hit group: women-owned businesses. For a variety of reasons, it appears that COVID-19 has the potential to undo the main gains women entrepreneurs have made over the past few years.Â
A report by the US Chamber of Commerce reveals how the pandemic has disproportionately impacted women who own small businesses.Â