May National

Hispanic Businesses and The Food Industry By Marcelo Salup

PART 1- There are increasing opportunities for hispanic businesses and entrepreneurs to live the american drem in the food industry. Thanks to shifting U.S. demographics that are skewing Hispanics, there are now more opportunities for Hispanic entrepreneurs and business owners to succeed in the food industry. Potential opportunities include restaurants (fast food and full service), small mom-and-pop bodegas, franchises, and food processing, transportation, and distribution. In order to be truly successful, however, Hispanic entrepreneurs should look into further education, taking advantage of capital funding and investigating government-sponsored programs. In part one of this two-part series, we'll dissect the numbers to see why Hispanic entrepreneurs should take advantage of this growing Hispanic food trend.

Hispanics already know their food is wonderfully tasty, and increasingly, non-Hispanics are also recognizing that. This makes it the perfect time for Hispanic entrepreneurs to get into the food industry, whether as the owner of a full-service or fast-food restaurant, neighborhood bodegas or mercados, or a food- transportation and -distribution business. Even opening a tortilla-manufacturing business could result in huge profits, as the love of Hispanic foods, which is unlikely to abate,only continues to increase.