Sign the petition to show your support for small businesses!
Small businesses are the heart and soul of the U.S. economy. They employ and serve millions across the nation by providing needed products and weaving themselves into the communities in which they belong.
Small businesses affect the Hispanic community in a multitude of ways. There are more than 3 million Hispanic-Owned businesses in the United States. These businesses are instrumental in bolstering the economy and building communities. Those entrepreneurs continue to start businesses at a faster rate than the national average. Too often, small businesses in the United States are burdened by heavy taxation and overregulation, and thus aren’t given a chance to be competitive. That hurts not only the businesses, but the millions of lives they help improve.
The Latino community’s impact on the economy and small business is invaluable. According to an analysis by Stanford University’s Latino Entrepreneurship Initiative:
“if all of the businesses created by Latinos were eliminated, there would have been fewer businesses in operation in 2012 than in 2007; that is, there would have been no net business formation over a 5-year period”
That is why small businesses should be enabled to be competitive in the marketplace without being penalized by harsh taxes and needless regulations.