Help Small LGBTQ Businesses
Help Support LGBTQ Owned Small Businesses, Find Out How!
As a group, the LGBTQ community has been somewhat overlooked in comparison to other social demographics – for instance, there are relatively few resources available in comparison to African Americans or female entrepreneurs.
However, the group of LGBTQ-owned enterprises is growing and their impact is accelerating. This guide will inform you as to how to support the LGBTQ community. We’ll also run through some of the top resources for LGBTQ business-owners for business, legal, workforce, and other spheres.
Some facts that you should know!
- Of the nearly 28 million Small Businesses in the US, Only 909 were Certified LGBT Business Enterprises (LGBTBEs) as of October 2016.
- Though almost half of all start-ups don’t make it to four years, the 909 certified LGBTBEs have been around for an average of 12 years. At least 15 percent of these businesses were founded over two decades ago!
- Though LGBT-Owned firms often are considered to be Minority-Owned Businesses, their revenues are considerable. According to a 2016 report, certified LGBTBEs contributed over $1.15 billion to the U.S. economy. The report estimated that figure to be about $2 trillion when taking into consideration all 1.4 million LGBT businesses in America.
Why not show your pride "Make Your Mark!" and help to contribute to such a strong and diverse group?
(Excerpts are taken from BusinessJournalism.org - https://businessjournalism.org/2017/03/lgbt-owned-business-stats-and-facts/ )
Boofola is working hard to be a future part of the National LGBT Chamber of Commerce!
*Boofola LLC does not endorse or warranty any products contained, any services provided, additionally connected sites and/or companies. This information is being provided as-is for the sole purpose to try and help in our mission to help minorities, and small businesses succeed.
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