Survey Seyz Kansas City Minority Owned Biz Trending Amid Harsh Times

The lesson from this report . . .

THERE'S NO LONGER ANY SHAME IN OWNING A TACO TRUCK!!! 

 Don't hold your breath for TKC to start folding burritos any time soon given that our dream has always been singing the blues or maybe pushing beyond stereotypes and forging a Midwest Chino/Latino fusion effort . . . But I digress . . .

Here are more serious local biz concerns . . .  

"In May, the Kansas City-based Ewing Marion Kauffman Foundation released a nationwide 30-year report on entrepreneurship. The good news is that business creation in 2025 had climbed back to where it was before the COVID-19 pandemic. That rebound has been powered disproportionately by Black, Latino and immigrant founders starting businesses at a higher rate.

"But a closer look at the data shows some concerning trends. Those same immigrant and minority-owned businesses were increasingly started out of necessity rather than out of opportunity — meaning a higher rate of people were starting businesses because they needed income as opposed to merely acting on a good idea or an opening in the market.

"Businesses started out of necessity face a steeper climb to success and have higher failure rates, and startup survival rates dropped overall. So while the boom in minority-owned startups is real, so are the headwinds they face."

Read more via www.TonysKansasCity.com link . . .

Against headwinds, minority-owned businesses open at higher rate in KC