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Navigating Small Business Challenges with Gene Marks
In this episode of Main Street Matters, Elaine Parker and Gene Marks discuss the pressing challenges faced by small businesses, including rising costs, cash flow issues, and the impact of high interest rates. They explore the effects of inflation, tariffs, and international trade dynamics on the economy. The conversation also covers the implications of the Tax Cuts and Jobs Act for small businesses, the significance of education freedom, and the challenges of college debt. Additionally, they discuss the benefits of health savings accounts for business owners and the need for fiscal responsibility in government spending.
Chapters
00:00 Introduction to Small Business Challenges
01:25 Understanding the Impact of Rising Costs
04:57 The Domino Effect of High Capital Costs
07:35 Navigating Inflation and Economic Indicators
11:27 Future of Tariffs and Trade Relations
16:11 Investments and Economic Growth in the US
18:17 The Significance of the One Big Beautiful Bill
24:32 Education Freedom and Its Impact
28:42 Addressing the College Debt Crisis
29:57 Health Savings Accounts and Employee Benefits
33:14 Concerns About Government Spending and Deficits
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