Investing in your business requires time, expertise, and knowledge. Unless you know who to do it all, you'll need to pay someone to help make your business grow.
Are you investing in your business?
Growing your business includes a social media marketing strategy, a website, outreach, funnels, online reviews… AND you then have the work you actually do for your business.
“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. Use it.
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?
How to know how much to invest
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?