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businesses
YashTop Contributor
Content Writer
Asked a question 2 years ago

How Many Businesses Do Minorities Own?

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In 2012, nearly 15 percent of all U.S. business owners were non-white , and over 10 percent of owners were Hispanic. Data for 2007 on the number of businesses show:

  • 1.6 million Asian-owned businesses with average receipts of $290,000
  • 1.9 million African-American-owned businesses with average receipts of $50,000
  • 2.3 million Hispanic-owned businesses with average receipts of $120,000
  • 0.3 million Native American/Pacific Islander-owned businesses with average receipts of $120,000.