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Hispanic Business
Digest
focuses on the particular opportunities and problems faced by owners and managers of firms who are part of what will be one quarter of the nation's GNP within five years. 

Hispanic-owned enterprises are building mass, becoming more a part of the general business environment and facing issues that are both common and unique to small and medium-size (SME) firms. These companies are often expanding outside of their traditional marketplaces, hiring non-Hispanics and becoming more mainstream each day.  

   

Download a list of the most common myths of marketing to small business — click here (PDF file)



As this occurs, these firms
require an especially strong
focus on bridging the
cultural and professional
divide. Equally as important
are some or all of the
following key elements to
ensure success.

For most Hispanic-led
companies, these areas
include:

Utilzing set-asides to gain new sales and adopt their product offerings or services to other arenas.   
  
Financial resource conservation and utilization as well as tapping new funding sources. 
  
Channeling the successful elements used in marketing to the Hispanic community to the general population. 
  
Utilizing Hispanic resources for IT and other applications and knowing when to choose non-Hispanic providers. 
  
The benefits, drawbacks of being Hispanic-centric. 
  
Monitoring of the competitive environment and knowing when to expand the firm's footprint. 
  
Marketing to Hispanic and non-Hispanic audiences. 
  
Hiring non-Hispanics and integrating them into the staff. 

Through special reports, updates and news items, Hispanic Biz Digest will help managers develop the type of organization able to build profits in the changing world of 21st Century commerce.

Each issue will offer advice, suggestions and hints from successful Hispanic professionals just like its readers. Experts from across the information and business spectrum will also appear from time-to-time with cogent advice and suggestions.

September 2008 Issue

Hispanic families under the poverty level increased, while overall income stayed at 2006 levels.
Four plans to reduce healthcare insurance for college students analyzed.
Leaders taking the time to explore who they are and what they can do in a vastly different environment.
Tax preparation, consulting and advisory services and service sector cited as most appealing.
Adopt an overall startup approach designed to take advantage of today's low-startup-cost climate.
Blending home and office tasks while on the road is important to many travelers.
Finding niches that set them apart and capitalizing on them.
Focus on how to provide value to the customer by answering the age-old question: WIIFM (What's In It For Me)? 
How to systematically make inroads with prospective customers and secure the sale.
There are ways to establish a business with limited resources even by the end of this year.

 Health savings account (HSA) info - www.hsafinder.com
   
 How to improve the profitability of small firms, including finance, marketing, healthcare - www.2sbdigest.com
   
 Small business info to improve operations - www.mybusinesschronicle.com
   
 Human resource management guidance to improve vital functional areas - www.managingyourhr.com
   
 Small business process management and operational support - www.mycompanychronicle.com
   
 Small business management info for enterprises with less than 100 employees - mycompanytoday.com
   
 Home-based businesses see new ways to improve profitability and refine operational processes - www.sohobizdigest.com
   
 Home-based business processes to improve operations, reduce costs and expand marketing - www.homebasedbusinessdigest.com
   
 Proven methods to improve profits, reduce costs and expand markets - for small to medium size companies - www.sbprofits.com
   
 Find, access and market small to large corporations and individuals in the healthcare, corporate and consumer sectors - www.is-incorp.com
   
 Small to medium-size company managers can access travel information specifically geared to their needs - www.travelforsmallbiz.com
   
 Managing HSA insurance, custodial accounts and personal health is the focus of this unique website and newsletter - www.4hsausers.com
   
 For small to medium-size businesses, hints, suggestions, and methodologies to improve operations, marketing HR, etc. - www.sbtimes.com
   
 Direct access to the best value in health savings accounts and other healthcare insurance - www.2hsa.com