Compelling Reasons to Attract Hispanic Small Business Owners
Here are three compelling reasons why you can no longer ignore this tidal wave…
- While we all know the Latino population has doubled in size over the past 15 years, the number of Hispanic-owned businesses has quadrupled in the same period.
- Over 30% of Hispanic-owned businesses have incomes higher than $100k – placing them in the top 20% of U.S. households.
- Approximately 75% of Hispanic businesses are bilingual. That’s right, they speak your language.
- The 50M Hispanic market is expected to grow to 130M in 2050.
- 6 out of 10 Latinos are U.S. born.