Small Businesses Struggle to Stay Afloat As Minimum Wage Rises

• Small business owners struggling with rising costs, including new $20 minimum wage for fast-food workers • Restaurant owner Justin Foronda working hard to keep his business afloat, but running out of steam • Higher wages needed to address income inequality, but create challenges for small businesses competing for workers • Some restaurants reducing hours/services to manage higher costs • Unclear if small, non-chain businesses can survive in high-rent areas