Why Is Marketing Important For Business – Stay Making $

According to fundra, there is over 30.2 million small business in the united states and many fail every year. Without a Marketing budget, your business will not be able to compete with the ones that do invest in marketing.

We all know how difficult it is to start and keep a business profitable year after year. Take a look at these statistics:

Marketing is important for businesses because 20% of small businesses fail in their first year, 30% of small businesses fail in their second year, and 50% of small businesses fail after five years in business. Finally, 70% of small business owners fail in their 10th year in business.