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Latino Daily News

Wednesday September 26, 2012

‘Latinos On Fast Track’ Tour Helping Entrepreneurs Become More Efficient With Technology

Verizon Wireless and the Hispanic Heritage Foundation (HHF) announced today they have joined forces to host the Latinos On Fast Track (LOFT) Small Business Seminar, a series of small business-focused seminars throughout the United States designed to provide Latino entrepreneurs with practical advice from established business owners.

The four-city tour that launches today in Los Angeles and concludes on Oct. 24 in New York City is designed to highlight industry-leading best practices, challenges and opportunities, while helping to support organizational efficiency.

Managing a small business presents both opportunities and challenges. Most small businesses operate with limited budget, staff and resources. That is why operating with the right services and technology will help save time and money, increasing efficiency and productivity. In an effort to showcase ways Latino small business owners and entrepreneurs can equip themselves with the right tools while propelling their business forward, the Hispanic Heritage Foundation LOFT Small Business Seminars, presented by Verizon Wireless, will take place in the following cities:

    Los Angeles   -  September 26   -  Museum of Latin American Art (MOLAA), Long Beach
    Miami   -  October 18   -  Hilton Downtown Miami
    Chicago   -  October 11   -  Institute of Puerto Rican Arts and Culture
    New York   -  October 24   -  Viacom

According to the latest Census Bureau findings, the number of Hispanic-owned businesses in the United States increased by 43.7 percent to 2.3 million, more than twice the national rate of 18.0 percent between 2002 and 2007.

Hispanic-owned businesses generated $345.2 billion in sales in 2007, up 55.5 percent compared with 2002 and the number of Hispanic-owned businesses with receipts of $1 million or more increased 51.6 percent between 2002 and 2007. Those numbers are projected to grow even more exponentially by the next Census.