business risks

business risks
What kind of risks/obstacles do new Asian immigrants face when they operate a business?

I’m working on my homework right now:

What kind of risks/obstacles do new Asian immigrants face when they operate a business in a ethnic community? Los Angeles, Long Beach, San Francisco, etc.

The only few answers that I can come up with are:
- racism- racist people won’t buy the Asian stores

What else?

The proportion of Asian-American college students has almost doubled each decade since the 1970s — to 8.8 percent of the total enrollment in 2005 — but those students do not enjoy the universal success that stereotypes suggest, according to a new report by the Higher Education Research Institute at the University of California at Los Angeles.

Three in 10 Asian-American students come from families with annual household incomes of less than $40,000, and one in five needs special tutoring or remedial work in English, says the report, “Beyond Myths: The Growth and Diversity of Asian-American College Freshmen, 1971-2005,” which can be ordered online.

Drawing on data from the research institute’s well-known freshman survey — with responses from more than 360,000 Asian and Asian-American first-time, full-time students at four-year institutions from 1971 to 2005 — it bills itself as the “largest compilation and analysis of data on Asian-American college students ever undertaken.”

Asian-American students tend not to take full advantage of financial-aid opportunities, instead relying on parents, relatives, and employment to pay for college, one of the report’s authors said in a written statement. The study found a significant increase in students who planned to work full time during college to cover costs.

With respect to recent immigrants facing similar problems noted above, this has not been the case for most of those who came from Southeast Asia (Vietnam, Cambodia, Laos, etc.). Because of their “refugee” situation, they have faced unique hardships in the U.S. that other Asian immigrants do not. One such difference is the significantly lower educational attainment levels of Southeast Asians in the U.S. compared to Japanese or Korean Americans for example. We draw from Census data in the report to illustrate some of these differences.

With respect to business some face language barriers, and gang violence.

Risky Business

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