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Small Business Marketing on a Budget
Posted by Damian Roberti on
Startup firms and small businesses must maintain a good revenue-to-cost ratio while simultaneously spending resources to advertise and develop their company. Here are a few suggestions for reducing wasteful marketing expenditure in small businesses. The Small Business Administration of the United States recommends 7-8% of revenues be dedicated to marketing. Think about your marketing budget in terms of the revenue increase you hope to generate from it. Do you have a budget budget?