In a recent study, entitled Bank of America Hispanic Small Business Spotlight, approximately 300 Hispanic small business owners were surveyed from across the United States about issues ranging from their economic and business outlooks for the coming year to their views on lending along with over 1,000 non-Hispanic business owners. With sweeping corporate tax changes promised by President Trump on the horizon, 2017 promises to be a year of tremendous opportunity for small business owners.
Although corporate tax rates, interest rates and credit availability remain a concern for Hispanic business owners, like their non-Hispanic counterparts, there is a strong sense of optimism.