Saturday, February 20, 2016

America is missing out on a $1.4 trillion Latino business opportunity

That's the finding of a recent report by the Stanford Graduate School of Business that surveyed roughly 1,800 businesses owned by Latinos.

Latino entrepreneurs are extremely active. Latinos opened 86% of all the new businesses created in the U.S. between 2007 and 2012, according to Remy Arteaga, the lead researcher. But they lagged non-Latino businesses in how much revenue they brought in -- $155,806 in 2012 versus $573,209, according to the most recent U.S. Census data.

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