By Elizabeth Lombardo
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February 5, 2025
One of the most common questions businesses ask is: How much should I spend on marketing? The answer? It depends. Every business has unique goals, competition, and financial situations, which is why a one-size-fits-all approach doesn’t work. That’s where a marketing budget calculator comes in. Why a Marketing Budget is Essential Before diving into numbers, let’s talk about why a marketing budget matters. A well-planned budget ensures that: ✔️ You have the resources to reach your target audience ✔️ You can track marketing progress and ROI effectively ✔️ You make informed decisions about where to invest ✔️ You stay competitive and don’t fall behind industry trends How Much Should You Spend on Marketing? Marketing spending varies by business size and growth goals. The Small Business Administration (SBA) suggests using a percentage of gross revenue as a guideline: