With billions of active users and lightning-fast connectivity, social media is no longer just a tool—it’s a cornerstone of modern business strategies. The social media impact on business is profound, shaping how companies of all sizes—from small startups to global enterprises—unlock opportunities and drive growth. But it’s not without its challenges.

Ready to dive in? Let’s uncover seven ways social media shapes your business—both the perks and the pitfalls—and how you can leverage them to your advantage.

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