I'm sure this topic has been covered in different ways, but inquiring minds want to know:

>What percentage of your income do you put back into your business on a yearly basis?

>How has that changed from when you first started (or how do you plan for it to change) ?

>What - mostly - do you spend it on?
>>Equipment
>>Marketing
>>Software and general workflow improvements
>>Employees and staff
>>Business jive (insurance etc)

Let's see if I can figure out how make a poll on here....
Thanks,
Eddie


How dumb do I feel?!

I guess the poll question will be:

WHAT DO TEND TO PUT AN EMPHASIS ON WHEN REINVESTING IN YOUR BUSINESS?

The last 3 years i threw all my money into equipment.
This year i am going to buy a new S5 Pro and the rest of the money goes into Marketing.
I try to get at least 6-8 permanent exhibits in my area for free, so i only have to pay for the prints and the frames.
And i am going to spent some money on comercial ads.
I just want to figure out if they are worth the money i threw in.

Incurance and other business expense is only a minor factor.

Juergen

mainly equip. last year was the year of glass for me. this year is nothing I do not forsee anything needed unless something breaks or misc item such as batteries. marketing has played a small role as well as ins but nothig major this year I think I have most of want I need so I want to focus more on the bottom line.

Yeah...the purchasing sure does seem to go in waves.

Thanks to those who've voted. Interesting stuff!
-Eddie