Covid-19 took a toll on Latino businesses. Here’s what could be ahead in 2021.
Often hailed for higher-than-average rates of entrepreneurialism and new business formation, the Latino community has been struck particularly hard by the Covid-19 crisis.
The Stanford Latino Entrepreneurship Initiative reported in May that 86{09c3c849cf64d23af04bfef51e68a1f749678453f0f72e4bb3c75fcb14e04d49} of Latino business owners had felt immediate negative impacts from Covid, a rate higher than other