"The State of a Small Business survey interviewed more than 2,600 small business owners and entrepreneurs, both male and female.
The survey found that in 2018, 45% of small business owners were minority ethnic groups. This was already a dramatic increase from 2015, when the amount of minority business owners was just 15%. The biggest increase among minority small business owners however has been the huge increase in the number of African American small business owners year over year 400% increase in a year-over-year period between 2017 and 2018. Following African Americans, Hispanics were the next largest group of minority small business owners representing 14% of the business owners interviewed for the survey. Meanwhile, Asians made up 8% of the business owners surveyed while Native Americans made up 4%." Sources: - smallbiztrends.com/2018/08/african-american-small-business-statistics-2018.html - www.guidantfinancial.com/learning-center/infographics/2018-african-american-business-owners
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