A few weeks ago, a colleague asked me why Latino micro entrepreneurs focus on retail or construction businesses instead of developing other ideas. As a loan specialist who works directly with Latino businesses, my immediate thought was, I see more than retail.
I decided to look into it. I found an analysis of the nations’ top 15 small business categories owned by Latinos. The study used census data from 2010 to 2015, and was done by the Fiscal Policy Institute.