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Hispanic SMB Blog and News

Internet use among Latinos continues to grow
A new report released in late December by the Pew Hispanic Center indicates that Internet use amongst adult Latinos rose by 10% between 2006 and 2008. This in contrast to whites and blacks whose Internet use for the same period remained virtually flat. The conclusion? Although Internet use amongst Latinos continues to be smaller, the gap is a lot smaller. Read on and download the report.

ACCION USA Highlights Benefits of Microfinance
ACCION USA, which to date has met the financing needs of over 11,000 small businesses in the U.S., has launched a new site that highlights the very tangible benefits of microfinancing by showcasing the real life stories of Hispanic small business owners who are getting an opportunity to realize their entreprenurial dreams.

Land Mind Design: Lessons from young Hispanic Entrepreneurs
Recently we’ve been reading a lot about how this is the worst job market for college grads in decades. While we do not doubt the statistical accuracy of these stories, I recently came across a Hispanic-owned Design start up that is proving that with hard work and vision any time is a good time to own your own business coming out of college.

The EB 5 Visa: Immigrant Investment Program
The EB 5 investor visa program is an excellent opportunity for foreign nationals to obtain permanent residency and a US Green Card through a qualifying financial investment in the United States. Read on to learn the details.

Goldman Sachs to hand out $500 million for small businesses. Kind of ...
Goldman Sachs recently announced that it was partnering with billionaire Warren Buffett to launch the 10,000 Small Businesses Initiative -- a $500 million initiative that "will unlock the growth and job-creation potential of 10,000 small businesses across the United States." So you may be asking yourself "so how do I get my share?". Well, before you order any fancy new equipment for your business, read on. As always, el diablo is in the details ...

Latino Community Credit Union breaks ground with new educational films
North Carolina based Latino Community Credit Union (LCCU) is launching a new film series called "Roberto's Dreams", a story about a young Latino taking the plunge and starting his own "green" business. This is the latest effort from the LCCU which has already used fictional films to help educate Hispanic consumers and small businesses. Read and see the trailer.

Free online course on how to win federal contracts
A new free online course from the U.S. Small Business Administration can help you gain understanding on how to go about securing contracting opportunities from the federal government. We took the course and liked and we think that so will you.

E-Verify becomes mandatory for federal contractors and subcontractors
E-Verify was started five years ago as a pilot program to help businesses verify their employees work eligibility status. The free internet-based system has been on a voluntary basis up until now. However, now all federal contractors and subcontractors will be required to use the verification system to check if their employees are legally eligible to work in the United States. This new mandate applies to current employees already on the payroll. To date, almost 150,000 companies have signed up for the program hoping to save thousands of dollars in fines should their company find themselves the subject of an audit from ICE (Immigration and Customs Enforcement agency).

Featured Hispanic SMB

This month's featured successful empresaria: Maria de Lourdes Sobrino, founder of Lulu's Desserts. Her key secret - not taking "no" for an answer.

Directory

The Hispanic SMB company directory is a free service available to the Hispanic business community to help you promote your company to corporate and government buyers as well as to other fellow Latino empresarios. Register today. Here is a partial list of directory categories:

Consulting companies

Accounting Services

Law Firms

Manufacturers

Construction

Technology

Maintenance

Landscaping

Translation Services

Restaurants & Bars

Real Estate

Financial Services

Insurance

Ad agencies

Import / Export

more …

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Resources

Hispanic SMB brings you the most comprehensive collection of documents to help the Hispanic business owner with every aspect of running a business. Here are our top picks.

	ABC’s of Borrowing (Español)
	B of A Small Business Fundamentals
	Business Planning and Financial Forecasting
	Cinco for Online Success
	Correcting a negative cash flow
	Doing Business with the Federal Government
	E-Commerce: Selling Internationally
	Lenguaje Transparente (Español)
	Save on Shipping
	Small Business Red Flags
	Understanding and Controlling Cash Flow

Click here to see ALL the topics in the resource library.

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