Powering Success: Resources for Hispanic Small Business Owners
What can generate $800 billion in annual revenue and $2.8 trillion in economic output?
Is it the total of the U.S. television industry? Is it the collective might of the nation’s largest retailers? Or might it be the rolled-up contribution of the country’s biggest auto manufacturers?
Actually, the numbers represent the estimated annualized economic activity of the nation’s more than 5 million Hispanic-owned businesses, per the U.S. Department of the Treasury, and this is a big part of the U.S. economy.
Hispanic-owned businesses now represent nearly 15% of all U.S. businesses, underscoring how prevalent the category has become across virtually every possible business category. With Hispanic Heritage Month unfolding, it’s a timely moment to consider the breadth and reach of Latino-owned businesses across a range of categories. They are also a great example of bold and ingenious entrepreneurship.
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Important Hispanic Entrepreneurs
Duolingo: Using technology to teach millions a new language for free or at a fraction of the cost
WeAllGrow: a Women-owned business setting a great example
Manny Medina’s Outreach: improves sales team´s performance
The Role of Connectivity in Business Success
As these examples attest, for growing businesses, robust and reliable Internet connectivity is a cornerstone element of success. To achieve growth, Hispanic entrepreneurs must adapt to the next generation of connectivity expectations and strive to stay ahead of the curve—just as Luis von Ahn, Ana Flores, and Manny Medina did. For each of these visionaries and millions of other budding business leaders, robust, dependable, always-on connectivity is foundational for engaging with customers, prospects, and business partners. This was especially true during the Pandemic, where the need for high-speed Internet connections and making businesses web-enabled meant life or death in both the economic and literal sense.
Which is precisely why we’re here. Business Services Connect is designed to help small business owners connect with the right Internet service providers and IT solutions tailored to their needs. Whether it’s high-speed Internet, cybersecurity solutions, technical support, or other digital tools, Business Services Connect helps Hispanic business owners identify best-in-class technology and services that support growth and innovation -- at a price that aligns with business needs.
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The Role of Digital Equity in Business Success
In order to achieve digital equity, everyone, regardless of their background or location, must have equal access to high-speed Internet and other important technologies and services, including Business Internet, Business Mobile, Business Television, Enterprise Network Solutions, and Business Phone. This not only encourages participation, but it also ensures all people have a fair shot at economic success, which is why it’s essential for Latino and Latina-owned businesses to partner with an ISP that enhances their ability to scale without holding them back.
By providing connections to Internet service providers, tailored support, and access to essential resources, Business Services Connect is here to help Hispanic small business owners build strong, lasting foundations and inspire the next generation of entrepreneurs in a diverse, thriving economy.
Factors to Consider When Choosing a Telecom Provider
Cultural Competence:
Your provider should understand and celebrate the unique needs of Hispanic-owned businesses.
Comprehensive Service Offerings:
Partner with providers that offer the services you need, when you need them. That includes managed services, Internet, phone, TV, and networking solutions that can scale with your business.
Community and Business Development Support:
Work with partners that actively support Latino entrepreneurship initiatives and community outreach.
Reliability and Customer Support:
Check reviews and testimonials for providers in your area to ensure they are reliable and dependable.
Pricing and Flexibility:
From short-term contracts to no contracts, consider providers that offer competitive pricing and flexible plans that can grow with you.