Minority Owned Businesses

Minority-owned businesses are on the rise. Over the past twenty years the United States has seen steady growth in the number of businesses owned by minorities of all sorts. The African-American, Hispanic, Asian, and Native American communities all saw significant surges in small business start-ups and growth during this period. This success has been attributed both to generally positive economic trends and to ad- vances in the realms of education and access to capital. The Minority Owned Business (MOB) directory assists you with the resources to launch and grow your business. Are you determined to compete within the global marketplace? We make it easier, practical, and fun for those whose goal is to become a successful business owner. Start profiling your capabilities with us today! African-American-owned businesses have grown by substantially higher than the national average for all busi- nesses. However, the number of black-owned firms with paid employees has grown by small percentage com- pared  to the rate of growth under the national average. This suggests that a lot of African-Americans have gone into business for themselves and are self-employed but that far fewer have created businesses that are in need of, or can support, employees. Asian-owned businesses with paid employees also grew, with a rate more than twice that of the national average for all businesses with paid employees. The single indus- trial area in which the greatest number of Asian-owned businesses operate is wholesale trade and retail trade and those services also rank high in terms of areas of concentration for Asian-owned firms.
Hispanics owned millions of nonfarm businesses in the United States. These businesses employed and gener- ated billions in business revenues. The number of self- employed Hispanics is growing but the number of Hispanic-owned businesses with paid employees has fell. Also contributing to the growth of minority-owned busi- nesses are other factors, including community support, efforts to revitalize inner cities, increased levels of educa- tion and business experience, improved access to capital, increased networking and that is where we come in…

Minority Owned Business Directory

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(PA)

Rhode Island
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Vermont
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Virginia
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West Virginia
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