Wondering how much you should spend on marketing your business? In short, there’s no definitive answer.
It’s often recommended that you spend 10% of your turnover on marketing if you're planning for growth. Here’s what that would look like for businesses with a...Turnover of £120,000 = £12,000 marketing budget
Turnover of £500,000 = £50,000 marketing budget
Turnover of £3,000,000 = £300,000 marketing budgetIn reality, the 10% figure is far from gospel. If you search the...