Women in entrepreneurship: How KC stacks up to other cities
June 3, 2016 | Kat Hungerford
Late in 2015 and without much fanfare, the U.S. Census Bureau released its 2012 Survey of Business Owners.
The survey is taken every five years and polls more than 1.75 million enterprises, gathering, compiling and releasing the results in a process spanning several years. The survey is the only regularly-collected source of economic and demographic characteristics on business owners in the U.S.
The results offer a wealth of insight into business ownership, delving into everything from business owners’ demographics to profitability and industry sector. We hope to explore it in further detail in the future, but for now, we focused on the group of people who make up 51 percent of our country’s population: women.
How well are Kansas City women entrepreneurs actually doing in comparison to their male counterparts? And how does Kansas City stack up against other cities and the national average?
In addition to the percentage of women- versus men-owned firms, we looked at the average sales per firm and the number of sole proprietorships versus firms that have scaled to hire employees. We ended up splitting the latter into two sections: a direct comparison between the number of women- and men-owned firms with employees, and the percentage of firms that were sole proprietorships versus firms with employees.
For our purposes, we excluded firms that were equally owned by women and men — making the data a wash — and publicly-held firms owned by shareholders.
2016 Startups to Watch
stats here
Related Posts on Startland News
KC’s ‘Horn Doctor’ handcrafts jazz preservation, keeping soul, tradition alive on Vine Street
Across the historic intersection at Kansas City’s 12th and Vine streets, B.A.C. Musical Instruments operates as one of the few remaining American factories handcrafting professional brass instruments. “This is where all the musicians would hang out back in the day,” said founder Mike “Horn Doctor” Corrigan, gesturing toward the Paseo sunken garden beside his shop.…
Autotech startup revs after patent stall; signature tech removes emissions, waste from diesel logistics
Fresh fuel is pumping into NORDEF after the Kansas City autotech company finally received patent approval for its signature product, co-founder William Walls said, pushing the pedal on its mission to disrupt the automotive fluid industry. Four years after applying for a provisional patent for its technology to produce diesel exhaust fluid on-demand — and…
rOOTS KC grows into third location, planting shop in River Market ahead of World Cup
Initially setting its roots as a pop-up plant shop in 2020, Dee Ferguson’s leafy business has grown to three Kansas City locations. The secret is in the soil, she said, describing a strategy for cultivating customers through free, evergreen plant care support and “community-rooted spirit.” [pullquote] The name rOOTS comes from Dee Ferguson’s surname: Oots.…
Summer funding pushes CarePilot to team hires, AI accolades, healthtech product launch
Fresh off its summer capital infusion, a Kansas City-built AI startup that helps doctors focus on patients instead of administrative tasks is earning industry recognition and dropping another new product, said Joseph Tutera, sharing credit for the milestones with behind-the-scenes talent. “We have a young team and they don’t have the encumbrance of a prior…