Let’s face it… it takes money to make money. Unless you can do it all, and most likely you can’t, (I know I can’t), you’ll need help to make your business grow. Are you investing in your business?
Investing in your business is something some assume happens by doing everything they can by themselves because that’s work, right?… But you’re business is not truly growing… All serious businesses need a website, social media marketing, outreach, funnels, online reviews… AND you then have the work you actually do for your business. Having fun yet?
“But I can’t afford it?” And to that, I ask… “Can you afford NOT to invest in your business?” Are you are giving your house plants more attention that your business?
Let’s make this really easy to understand… Here’s my FREE Business Profit/Investment Calculator.
Before moving forward with any growth of your business, you’ll need to step back to look at the larger picture: What is this worth?
There is a general standard to invest 10%-12% of your projected annual sales. (see https://getgist.com/how-much-should-a-small-business-spend-on-marketing/ If improving your sales and increasing your profit, yields more than 25% increase, wouldn’t be smart to invest 10% of your current profits into your business?
And how do you figure this out?
Fill this out to see what your investment is worth based on how much you want to grow. If you don’t want your business to grow 25% or more why are you in business?