According to data from the U.S. Census Bureau, approximately 9.8% of all businesses in the United States are black-owned. This percentage represents a significant increase from previous years and highlights the growing impact of black entrepreneurs on the economy. While this figure is encouraging, it is important to recognize that black-owned businesses still face unique challenges and barriers to success. By understanding the current landscape of black entrepreneurship, we can better support and foster an environment that empowers black business owners to thrive.