Small Business Saturday is the perfect time to support Latino entrepreneur because you don't only help their businesses grow, you also give something to the communities they work with.
Latino business owners have been making significant strides in the landscape of American business and their companies are emerging as a strong driving force in the American economy as well as the national political landscape. In response to these successes, a number of prominent Hispanic leaders have formed an organization, The National Association of State Latino Chambers of Commerce (NASLCC) to assist in continued advancement on this business front.
A new study from the Stanford Latino Entrepreneurship Initiative (SLEI) shows that while the proportion Latino-owned business is expanding in the U.S. at a rapid clip, an opportunity gap is hampering what could be over a trillion dollars worth of economic activity.
The Engine of America Small Business Summit, to be held on October 8 in Los Angeles, will be hosted by The Latino Coalition and the Los Angeles Latino Chamber of Commerce, helping small businesses to enable profit and fuel the economy.
Entrepreneurship is in the blood of Latinos. Latino-owned businesses have grown at twice the national rate, and a majority of Latino business owners plan to leave their businesses in the hands of their children.
The online publication Latin Business Today, LLC (LBT), which looks to "inform, inspire, mentor & empower," has a revamped site and a renewed interest in catering to U.S. Latino businesses, offering unique content and mentorship.
Nearly $500 billion in revenue has been grossed by U.S. Latino businesses, contributing to the overall national economy. And Univision, one of the foremost media companies serving the U.S. Latino community, wants to continue that trend.
