Hispanics make up 18.1% of the US population with close to 60 million people, and more Hispanic entrepreneurs are serving this population.
According to the 2019 Bank of America Hispanic Small Business Owner Spotlight (PDF), 87% of Hispanic entrepreneurs plan to expand their business this year. This translates to 20% higher than non-Hispanic business owners.
Hispanic business owners get their optimism from the community they serve, family and their employees. And this has led to exceptional growth, exceeding the expectations of owners when they started their venture. READ MORE AT SMALL BUSINESS TRENDS