how much are you willing to spend on business advertising?
| olimp99 |
Tuesday, August 17, 2021 at 7:21 AM |
how much are you willing to spend on business advertising?
| Guest |
Tuesday, August 17, 2021 at 7:22 AM |
The U.S. Small Business Administration recommends spending 7 to 8 percent of your gross revenue for marketing and advertising if you're doing less than $5 million a year in sales and your net profit margin – after all expenses – is in the 10 percent to 12 percent range.
| Guest |
Tuesday, August 17, 2021 at 10:42 AM |
The U.S. Small Business Administration recommends spending 7 to 8 percent of your gross revenue for marketing and advertising if you're doing less than $5 million a year in sales and your net profit margin – after all expenses – is in the 10 percent to 12 percent range
| Guest |
Tuesday, August 17, 2021 at 10:42 AM |
More than one-third of small businesses (37%) spend less than $10,000 on advertising each year. A smaller percentage of small businesses (20%) spend between $10,001 to $50,000 on advertising. Just 7% spend more than $1 million annually on advertising.
