Why Latino Entrepreneurs Are Growing Rapidly—And How They Can Grow Even Faster

“They’re very resilient. They wish for growth: they’re very ambitious, even in difficult times.”

That’s Barbara Gomez-Aguinaga, associate director of the Stanford Latino Entrepreneurship Initiative (SLEI) and lead author of SLEI’s latest State of Latino Entrepreneurship report. She’s discussing the report, which highlights the rapid revenue and payroll of Latino-owned businesses and their strong rebound from the COVID-19 pandemic. They could grow “even more,” she says, if they faced a “level playing field.” In particular, credit and contracting provide opportunities to do that.

Pre-Pandemic: Rapid Growth

According to SLEI, Latino business owners have for many years been outpacing their peers in terms of revenue and payroll

→ Continue reading at Forbes - Startups

More from author

Related posts

Advertisment

Latest posts

The Role of Scholarships and Grants in Financing Education

Applying for scholarships and grants helps students pay for college. In some situations, these awards allow people to obtain a degree they wouldn't be...

EV, hybrid and gas-powered: Some interesting cars coming in 2024 | CNN Business

CNN  —  Next year will see the introduction of some new, genuinely affordable electric vehicles as well as...

Super Saturday: 142 million one-day Christmas shoppers expected in 2023 | CNN Business

New York CNN  —  Forget the Super Bowl. For last-minute holiday shoppers, Super Saturday is the sporting event of...