The Types Of People That Are Opening More And More Small Businesses
Opening new small businesses is one way to energize local economies.
Check out this article called “Migrants Keep Small-Business Faith” by Miriam Jordan and learn why immigrants are more inclined to open small businesses…
“Immigrants are more inclined to own small businesses than native-born Americans and are increasingly opening shop in areas beyond the major cities in which they have traditionally settled, a trend that is energizing local economies and reshaping communities.”
“Immigrants accounted for 18% of the country’s 4.9 million small-business owners in 2010, a six-percentage-point increase from two decades earlier, according to analysis of census data by the nonpartisan Fiscal Policy Institute. Immigrants, who represent 13% of the population, accounted for a third of the increase in the number of small-business owners between 1990 and 2010.”
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