 Wal-Mart Opens Funding Doors to Hispanic Entrepreneurs
Minorities account for 30 percent of the U.S. population—but less than 2 percent of all venture and private equity funds are invested in minority companies, according to the National Association of Investment Companies. The latter figure could see an increase, thanks to Wal-Mart Stores, Inc.
In fact, minority companies are already seeing the fruit of the retailing giant’s benevolence. The largest black-owned food-processing company in the United States, Sim éus Food International, Inc., is poised to gain up to $25 million in private equity funding, beginning with a $5 million boost from Wal-Mart. Why is that good news for Hispanic entrepreneurs? Because what’s good for one minority group is often good for — and there is more money where that came from, much more.
From HISPANIC Trends Magazine - June/July 06
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JULIE
STAV'S INVESTMENT CLUB |
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Targeting Hispanics Requires Marketing Initiative and Cultural Understanding
 As part of a national or international franchise chain, franchisee stores are often required to meet certain contractual obligations and standards, offer a set line of products or services, purchase from specific vendors, display pre-approved materials and have a company “look.” In exchange for their compliance with those obligations they reap the benefits of the larger company and its support in the form of an established brand name, negotiated wholesale prices, corporate training, and other advantages that drive their business model.
From HISPANIC Trends Magazine - June/July 06
Why Can't Your Business be Successfully Franchised?
You know you are different
from most. You defied the
conventional way of making
a living. You had an idea that you
could develop a business or take over a
business and make it successful. Sure
there were struggles. Weeks of cash flow
issues. Issues with employees. Suppliers
who could not always deliver what and
when they promised. But you pulled
through and now you are a role model
for others. Your business, once not
much more than a vision, is now successful.
But how should you expand?
From HISPANIC Trends Magazine - June/July 06
 The Hunt for Talent
Corporate America is more committed to diversity than ever—and with good reason. A multiculturalism movement is witnessing Asian, African-American and Latin panache influence in everything from television programming to restaurants to clothing to toothpaste.
At 13 percent of the nation’s population, Hispanics are officially the largest minority group. But this demographic is also the most underrepresented in America’s corporate offices and boardrooms.
From HISPANIC Trends Magazine - June/July 06
Top 25 Franchises
Within the last 15 years, through hard work and an overarching commitment to success, the American middle-class Hispanic community has steadily grown and prospered. In response to Hispanic citizens’ increasing interest in creating and maintaining wealth, the franchising community has become increasingly pro-active about recruiting and supporting Hispanic franchisees. A recent survey conducted by the National Minority Franchising Initiative showed that for many large, national franchisors, Hispanic franchisees already represent 15 percent or more of their total franchisees (for example, Pizza Patron [www.pizzapatron.com] has 27 percent Hispanic franchisees; Jani-King [ www.janiking.com ] has in excess of 25 percent; and Coverall [www.coverall.com] has 22 percent.)
From HISPANIC Trends Magazine - June/July 06
Business in Brief:
Politics, marketing, trade and trends
From HISPANIC Trends Magazine - June/July 06
Northeast Region V
The United States as we know it was started with the colonization of northeastern North America in the 1600s. The Northeast has always been a hub of immigration, including the Great Migration of Puerto Ricans to New York City during World War II.
From HISPANIC Trends Magazine - June/July 06
The Growth Factor
Is 30 days too long to wait to collect? If you need money now consider factoring, or selling your accounts receivables to a 3rd party. It's not as hard as it sounds, Alvaro Otoya explains.
From HISPANIC Trends Magazine - May 06
The New American Capitalists
The recent release of the 2002 Economic Survey of Business Owners by the U.S. Census Bureau held data on the impressive growth of Hispanic-owned businesses in this country that was a surprise to many, but not to us.
From HISPANIC Trends Magazine - May 06
Natural Allies
Spanish banks set their sights on the U.S. Hispanic market
Banco Bilbao Vizcaya Argentaria, S.A., Spain’s second-largest bank, is not coy about its U.S. strategy: BBVA wants to become a leading financial services company for the Hispanic community.
From HISPANIC Trends Magazine - May 06
USHCC Supports Barreto at SBA
Small businesses are an important engine of job creation. So what happens when there are cutbacks to the small business administration, an important source of funding? For the sixth year running, the Small Business Administration is finding its budget cut and its staff whittled.
From HISPANIC Trends Magazine - May 06
Private Equity Heats Up
The private equity industry covets the booming hispanic market - but can the almost $3 billion available in new capital be utilized successfully? Tom Castro has raised over $100 million on the private equity market for his most recent radio-station venture. Castro is president of Border Media Partners (BMP), a chain of 34 Spanish-language radio stations in Texas.
From HISPANIC Trends Magazine - May 06
Myth-Busters
Meet five franchisors who made a commitment to succeed and who inspire others to do the same
If there are any lingering doubts about the increasingly important and vital role that Hispanics play in the U. S. economic puzzle, the U.S. Census Bureau’s recently released statistics for 2002 should quickly dispel them. One of the major components of this increase in new businesses is franchising.
From HISPANIC Trends Magazine - May 06
| Hispanic Corporate 100
Does your company make the cut?
Through an annual survey, HISPANIC Magazine compiles a list of the top 100 companies offering the most opportunities for Hispanics. The companies are selected for their recruitment efforts, diversity training, minority business initiatives, philanthropic funding that helps Hispanics and minority leader representation.
From HISPANIC Magazine - February 06
Corporate Partners: Top 50 Corporations for Supplier Diversity
Hispanic Trends presents its list of large U.S. corporations that offer minority business owners the best supplier opportunities.
From HISPANIC Trends Magazine - February 06
Top 5 Technology-Related Franchises
HISPANIC Trends chose five of the top-rated technology related franchises.
From HISPANIC Trends Magazine - February 06
Hispanic Corporate 100
Does your company make the cut?
Through an annual survey, HISPANIC Magazine compiles a list of the top 100 companies offering the most opportunities for Hispanics.
From HISPANIC Magazine - February 06
Top 10 Business Trends 2005-2006
2006's business trends to watch.
From HISPANIC Trends Magazine - December 05 / January 06
Top
Franchises for Hispanics
The top franchisers recruiting Latin entrepreneurs.
From
HISPANIC Trends Magazine
Top
Funds for Hispanics
Hispanic business owners may just be sitting on a veritable
pot of gold: Venture capitalists are increasingly tapping
into minority-owned companies.
From
HISPANIC Trends Magazine
Top
100 Entrepreneurs
One
hundred reasons why Hispanic businesses are thriving.
From
HISPANIC Trends Magazine |
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