New data: Hispanic business owners are less likely to go it alone, and more likely to scale
The survey found 57% feel fully locked in, while 62% report cash flow gaps and 71% pay extra for faster deposits.
- On Tuesday, Intuit QuickBooks released the 2026 Business Ownership Report, finding Hispanic business owners report the strongest commitment to their enterprises, with 57% describing themselves as "locked in."
- More than half of Hispanic business owners have skipped or reduced their own salary in the past year to make payroll, while 62% report ongoing cash flow gaps waiting on client payments.
- Beyond financial strain, 73% say they felt pressured to make decisions conflicting with personal values, and less than 9% report sacrificing no aspects of personal life for the business.
- Leaning into technology, 55% of Hispanic business owners expect to use AI as a core daily tool within five years, while 44% worry about falling behind competitors without it.
- Beyond their own business, 32% plan to mentor up-and-coming entrepreneurs over the next five years, while 66% feel responsibility to prove people from their background can succeed as entrepreneurs.
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New data: Hispanic business owners are less likely to go it alone, and more likely to scale
Intuit QuickBooks reports Hispanic business owners show strong commitment and higher scaling potential, often paired with significant financial risks.
New data: Hispanic business owners are less likely to go it alone, and more likely to scale - Stateline Publications
New data: Hispanic business owners are less likely to go it alone, and more likely to scaleEvery year around this time, small business coverage runs the same Hispanic Heritage Month story: hard work, grit, a photo of someone standing proudly in front of the shop they built from nothing. All of it true. None of it new.Here's what doesn't usually make the cut: According to the 2026 Business Ownership Report from Intuit QuickBooks, Hispanic busines…
New data: Hispanic business owners are less likely to go it alone, and more likely to scale - Hillsboro Sentry Enterprise
New data: Hispanic business owners are less likely to go it alone, and more likely to scaleEvery year around this time, small business coverage runs the same Hispanic Heritage Month story: hard work, grit, a photo of someone standing proudly in front of the shop they built from nothing. All of it true. None of it new.Here's what doesn't usually make the cut: According to the 2026 Business Ownership Report from Intuit QuickBooks, Hispanic busines…
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