Blacks and Latinos own 7.1% and 8.3% of all small businesses but make up 15.3% and 10.8% respectively of federally registered contractors. Government contracts provide advantages for minorities, but they often hit a brick wall when it comes to scaling up.
Small businesses owners differ in what they want out of Presidential candidates. Hispanic businesses strongly prefer lower taxes, black businesses want more access to loans and credit.
According to the Gazelle Index, more than twice as many small businesses plan to hire workers than to lay off workers over the next three months. This is true for businesses owned by blacks, whites, men and women–but not for Hispanic/Latinos.
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