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How to Set a Marketing Budget for Your Small Business
"What should I spend on marketing?" ranks among the most common questions small business owners ask. The honest answer—it depends—isn't satisfying, but it's true. Your right budget depends on your specific business, goals, and circumstances. That said, here's a practical framework for thinking through marketing investment. The Problem With Percentage Rules You've probably heard rules like "spend 5-10% of revenue on marketing." These percentages come from averages across all b

Ricardo Gattas-Moras
Jan 234 min read
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