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Small Biz Struggles Amid Rising Costs | Richmond News
Small business owners are struggling as rising ingredient costs and shrinking customer spending hit local spots hard. One restaurant owner, Michael Marshall, turned to social media to ask customers what would bring them back—affordability was the answer. He’s now rolling out new combo meals and smaller portions at lower prices to stay afloat. Economists say inflation and cautious consumer habits are making it tougher for businesses to survive, even with local support. While community backing helps, experts warn it’s not enough alone. Marshall’s new affordable menu, launching soon, aims to…
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