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Asian-owned businesses are big contributors to the U.S. economy. They make up the largest share of minority-owned employer businesses in the U.S., employing 5.2 million people and generating $841 billion in revenue per year—those are inspiring statistics.

Entrepreneurship can be a great opportunity for Asian Americans, Native Hawaiians, and Pacific Islanders (AANHPIs, sometimes referred to as AAPIs). Entrepreneurship also has its challenges. In The State of AAPI Small Business Owners report by Hello Alice, 33 percent of the Asian small business owners surveyed said their number one

From the democratization of artificial intelligence (AI) to large-scale data leaks, there was no shortage of news in the worlds of technology and cybersecurity throughout the first quarter of 2023. Read on for Trend Micro’s summary and to learn what businesses can do to protect themselves and their employees.

Can you guess the number one industry for AAPI small business owners? It’s the food and beverage category (22 percent), according to The State of AAPI Small Business Owners by Hello Alice.

It’s not surprising when you consider that restaurants are one of the nation’s industries most open to minorities. According to the National Restaurant Association (NRA), 41 percent of restaurant firms are owned by minorities. This compares to 30 percent of businesses in the overall private sector. Asians (including Asian Americans, Native Hawaiian and Pacific Islanders) are the highest minority sector

Every small business owner should conduct a SWOT analysis at least twice yearly to assess their Strengths, Weaknesses, Opportunities and Threats compared to their competition, markets and industry.

If you want your new manager to succeed, they can’t operate in the dark. They must be prepared when employees ask questions or seek general guidance about company policies and procedures.

Who do you think your target market is? The best way to identify your ideal customers is to create a profile—a buyer or customer persona—a fictional representation of them. The key is to be as specific as possible.

Crowdfunding has disrupted the world of startup financing, creating new pools of capital for entrepreneurs. Instead of the single-lender model of the past, crowdfunding has made raising funds a collective online effort, giving money to new businesses and introducing them to potential future customers.

If like many successful women leaders, you’re excited to grow your network, but aren’t sure where to get started, check out these networking resources.

Quality control processes can be used most businesses, whether they are product-based or service-based. Learn how to insert quality into your business.

Women business owners face the same daily challenges all entrepreneurs face but, they face additional challenges as well.

Besides cost concerns, answer these questions before you put down a deposit on the best location for your small business.

Article that presents stats comparing the success of women-owned businesses vs. male-owned businesses.