1/5/08

Latino Business: $539 Billion by 2012

Speaking of Latino entrepreneurs...

Entrepreneurship, the willingness to take a risk and start one’s own business, has always been the driving force of the U.S. economy. Research indicates that among American minority groups, Latinos are the most likely to start their own business.

The most recent government data shows Latinos own the largest number of firms.

Continued growth is expected. HispanicBusiness.com projects that sales from Latino-owned firms will reach $330.1 billion in 2007, and is projected to reach $539 billion by 2012.

All the more reason why Dr. George Sanchez's new entreprenuership track at Briarcliffe College and stepped up recruitment of Latino students are such smart moves.
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