NJ Attorney Blog- Princeton - Hamilton NJ

An Update on the Rise of Latino Entrepreneurship

Latino Entrepreneurship

According to the Stanford Latino Entrepreneurship Initiative (SLEI), there is so much to learn about the Latino-owned businesses in the United States. Since 2007, Latino-owned businesses grew in number by 46%, which outpaces the growth among all other demographic groups combined. Forty percent of Latino business owners are Millennials. Forty-four percent are female. Between 2007 […]

Five Insights for Hispanic Restaurateurs

Hispanic Restaurateurs

Latino entrepreneurs often face plenty of legal issues when attempting to open a start-up restaurant. However, investing in a restaurant business is an important area of engagement for Hispanic entrepreneurs. Above all other business issues that need to be considered beforehand, the negotiation of a lease takes precedent. How the restaurant can be financed and where […]

Inner-Cities Are the Place to be When it Comes to Small Business

Inner-Cities Are the Place to be When it Comes to Small Business

CEOs surveyed by the national nonprofit group Initiative for a Competitive Inner City (ICIC) repeatedly cite inner-cities as locations that have been hospitable to their business growth and development, according to ICIC CEO, Steve Grossman. Based in Boston, ICIC issued a report this past October in conjunction with the unveiling of this year’s Inner City […]

The Latino Small Business Boom

latino owned business

According to the U.S. Hispanic Chamber of Commerce, there are 4.4 million Latino-owned businesses in this country that are responsible for the injection of over $700 billion into the U.S. economy. In the past year alone, the average annual revenue of those businesses spiked by 26.5%, while the number of credit applications jumped 22%. The […]

Strategies for Recovery from a Business Downturn

Business Downturn

Successful business owners do not accept failure or defeat. If their business falls on hard times, they re-think and strategize. When sales and profits are lagging, they are proactive. This is a list of common strategies for consideration:ReinventionCall it reinvention. ​Call it adaptation. Either way, you must be ready to shift gears when you are […]

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