Dec 21, 2020
The road to recovery for small businesses post-COVID is long, and data shows that women-owned small businesses have an even longer road ahead of them. According to a U.S. Chamber of Commerce report, women-owned small businesses have less optimistic revenue, investment, and hiring plans compared to male-owned small businesses. Despite the fact that more than 100,000 small businesses have closed forever, applications for new U.S. businesses are rising at the fastest rate since 2007, which is amazing considering small businesses employ over 47% of the country’s employees. In this episode of WorkParty, our host Jaclyn Johnson sits down with Sharon Miller, the head of small business at Bank of America, to talk about how we can ensure our small businesses—especially women-owned small businesses—find their financial footing and bounce back post-COVID. Join the party on social @workparty and stay in-the-know at workparty.com.