How Much Should You Budget For Marketing?
This is one of those questions that business owners wonder about, but aren’t sure who to ask. And yes, you should have marketing in your budget. It’s not a “wait until a good opportunity comes along” sort of thing. If you budget for marketing and create an actual plan – you are 95% more likely to: Actually market consistently Spend to your budget, rather than impulse shop Track and measure success of marketing efforts Be consistent in your message and delivery So back to…how much should you spend? A good rule of thumb is at minimum of 4-7% of your…