American Indian Business: Principles and PracticesAmerican Indian business is booming. The number of American Indian and Alaska Native owned businesses increased by 15. 3 percent from 2007 to 2012 a time when the total number of US businesses increased by just 2 percent and receipts grew from $34. 4 million in 2002 to $8. 8 billion in 2012. Despite this impressive growth, there is an absence of small businesses on reservations, and Native Americans own private businesses at the lowest rate per capita