Marketing budget: how much *should* a small business spend?
Hands down, the question we get asked the most is about marketing budget – how much a small business should spend on its marketing. And unfortunately, it’s one of the few questions for which there is no concise answer. If you ask the great question-and-answer-box of the internet, you’ll get answers ranging from about 2% of revenue to about 11% or 12%, depending on who you ask, how new your company is (traditional wisdom says you need to spend a...
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