The Rea Report | Fall/Winter 2020 | Page 9

By The Numbers :
MINORITY-OWNED BUSINESSES *
WOMEN-OWNED BUSINESS **

30 % 42 %

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By Imani Fields , practice growth coordinator , imani . fields @ reacpa . com ( Dublin office )
UNITED STATES BUSINESSES OWNED BY MINORITIES

7.2 million

PEOPLE EMPLOYED BY MINORITY-OWNED BUSINESSES

$ 1 trillion

REVENUE GENERATED BY MINORITY-OWNED BUSINESSES

> 38 %

INCREASE OF MINORITY-OWNED BUSINESSES IN OPERATION NATIONWIDE SINCE 2007
UNITED STATES BUSINESSES OWNED BY WOMEN

13 million

NUMBER OF WOMEN-OWNED BUSINESSES IN THE UNITED STATES

9.4 million

PEOPLE EMPLOYED BY WOMEN-OWNED BUSINESSES

$ 1.9 trillion

REVENUE GENERATED BY WOMEN-OWNED BUSINESSES
The Small Business Corner series is designed to address challenges and considerations regularly faced by owners of small- to mid-sized businesses . Check out past
* ACCORDING TO A MINORITY BUSINESS DEVELOPMENT AGENCY AND THE U . S . DEPARTMENT OF COMMERCE
PROCLAMATION RELEASED IN SEPTEMBER 2019
** ACCORDING TO THE 2019 STATE OF WOMEN-OWNED BUSINESS REPORT
Small Business Corner articles at reacpa . com / small-business-corner .
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