Threads vs. Twitter, Small Business Borrowing, and UPS Strike Threat
Insights on selecting the best social media platform for individual businesses, results from a research report on small business borrowing, and more.
In this episode of “The Week in Review,” Gene Marks dives into three key news topics affecting small businesses. He explores the potential impact of “Threads,” Facebook’s latest platform, as a potential Twitter competitor and shares insights on selecting the best social media platform for individual businesses. Gene then delves into a research report on small business borrowing, revealing surprising stability in bank lending rates despite soaring credit card interest rates. He discusses how businesses are accessing capital in this environment and speculates on future borrowing trends. Lastly, Gene highlights the looming UPS strike and advises businesses to prepare for potential supply chain disruptions and higher shipping costs. Tune in for valuable insights to navigate these challenges effectively. Listen here.