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The Latino Business Association (LBA)

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The representatives of the ethnic minorities across the United States have been experiencing certain issues when starting their own businesses for decades. However, nowadays, the amount of the businesses owned by the people of color increases rapidly. The representatives of various races and ethnic groups are now free to start their businesses and attain the recognition of the partners and the customers across the country. Nowadays, the only obstacle the majority of people who moved to the US from the countries of Latin America meet on their way to success is the lack of commitment. Consequently, the Latino people are allowed to organize and maintain their own businesses on the territory of the US as well as all the citizens of the country …show more content…

The association is primarily interested in supporting and sustaining Latino-owned businesses and the association represents the interests of more than 800, 000 Hispanic-owned organizations and businesses across the US (Barranco & Shihadeh, 2015). It is the largest Latin business association nationwide that functions since 1976. The primary goal of the association is to "Build Economic Wealth and Opportunity" for the representatives of the Latino community in the US. Since the day of its inception, the LBA developed into a powerful association that has become a voice of the Latino …show more content…

The current liberal government of the US gave people the opportunity to develop their businesses without regarding ethnic backgrounds and cultural peculiarities. Consequently, a rapid development of the Hispanic-owned businesses is a result of the political alterations on the territory of the US. At this point, some people are concerned by the fact that the new government might appear to be less tolerant to the businesses run by non-Americans. The development of the Hispanic-owned businesses is essential for the development of the Latino community in the US since it provides the representatives of this particular ethnic minority with the opportunity to attain the prosperity and fortune. The majority of the Latino people in the US are unfairly considered to be the ones to take the jobs the Americans could attain yet, as a matter of fact, the Hispanic people struggle to gain the

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SXSW Panels: Latino Boys An Untapped Population In Tech World

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In the article, ‘SXSW panels: Latino, black boys an untapped population in tech world’ written by Jazmine Ulloa, focused on the issue of EEO laws in relation to black and Latino males. EEO laws highly focuses on the discrimination of females in the work force. Companies are encourage to higher more females into their organization. “Studies show women tend to make up 20 to 30 percent of the tech sector” (Ulloa, 2016, para.6). Although this shows improvement of companies accepting women into their work force in the tech industry to increase diversity, they still lack in other cultures; the tech industry lacks in the demographic of black and Latino males.

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Hispanic Business Student Observation Report

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Having a diverse market is important for the economy, and when small business owners are attacked for their views they stop operating. Also, these small business owners are Mom and Pop shops a lot of the times, which keep the community alive. You take away small business and you ruin the community. Now, in closing, I want to thank you again for listening to me about this important issue on this day.

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The barriers that hold minority entrepreneurs back has varied considerably, from the lack of being able to obtain a business license, lack of access to capital, and racial discrimination. “The value of loans for minority-owned businesses are usually less than non-minority loans” (Kiger, 2016, p.19). “For minority businesses with more than $500,000 in gross revenue, the average loan amount is $149,000 (Arson, 2016, p.5)”. This quantitative research will show precisely how minority entrepreneurs are overwhelming disadvantaged to the demographic majority.

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