hispanic small business

The other day I heard that Spanish small business owners are growing at an incredible rate. Bank of America recently conducted a survey of Hispanic Business Owners... 394 of them to be exact. These were from all over the country. It showed some remarkable and eye-opening statistics. And we all love statistics. Take a look at their confidence numbers: Confidence Statistics 88% think that the Hispanic small business environment will get stronger over the next 10 years. 77% have plans to grow their businesses over the next 5 years. 71% have expectations of increased revenue this year. Almost 40% of them plan to hire and close to 30% plan to apply for expansion loans. 65% of them think that Hispanic small business owners have challenges that others don't. However, most of them feel their culture has been an advantage. 60% see local economic growth over the next year or two and most of them think the national economy is moving in the right direction. Pretty en…