Generally there are five ways to work out a marketing budget for the year. Remember that these are marketing budgets, not advertising budgets. Marketing covers everything you do in your business that creates awareness, including such activities as advertising, brochures, competitions, free tastings, demonstrations, trade shows, travel, personal selling, direct mail, sponsorships, etc.
A sellable business is one that is thriving, which takes time and energy. Don’t start up a business to sell if you think you can give it a fraction of your attention before you walk away. That could lead to a scenario in which no one wants to buy your company.
Investment properties are a great way to enhance your income, but it can take a while before you start noticing changes to your bank account. The best thing you can do before investing in real estate is research.
