Rising costs, employee shortages putting squeeze on small businesses, poll finds | Business

Small businesses don’t get much smaller than the DejaBrew Coffee House in Lafayette. Six days a week you’ll find owner Laura Landry at the shop on Ambassador Caffery Parkway from 5:30 a.m. until almost 6:30 in the evening.

But she’s not complaining.

Small operations like hers have gotten squeezed on both ends as the economy emerges from pandemic restrictions, spending has soared and companies have had difficulties hiring. A recent national survey from multinational investment bank Goldman Sachs indicated small businesses are being reporting an increase in operating costs and almost have been forced to increase their prices.

At DejaBrew, Landry contracts out with local bakers and other merchants from the area to diversify her menu while she focuses on the coffee. The rise in costs has trickled all the way down, but she understands the dynamics at play.

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