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Barbara Weltman

Big Ideas for Small Business, Inc.

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Native American Heritage Month

November 1, 2024 / By Barbara Weltman

This month was established to recognize the significant contributions the first Americans made to the establishment and growth of the U.S. The theme for 2024: “Honoring Tribal Sovereignty and Indigenous Resilience.” According to the U.S. Census Bureau, American Indian- or Alaska Native-owned firms accounted for 1.2% (354,000) of nonemployer businesses, with $12.5 billion in receipts. Native Hawaiian and Other Pacific Islander-owned firms accounted for 0.3% (90,000) of nonemployer businesses, with $3.4 billion in receipts; these were increases over 2023 statistics. The SBA has an Office of Native American Affairs, which offers free technical assistance for a variety of business types. #IdeaoftheDay

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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