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Aha, the typical GSCE Business Studies student!
Business growth on that scale does not work without outside investment and intense gearing. After 7 years with Barclays and turnover varying between £100,000 and £700,000 a year depending on the period, I still only have a £25,000 overdraft. Hardly enough to build a global brand with, I think.
Advertising is built into the cost of goods and services. And trust me, I run an advertising company.
hollyforum.com posted:
They begin as a very small company and as they begin to make more money, the begin to branch out into posters. Then word has got around, they make a bit more money then advertise on radio. Then eventually, they begin to advertise tiny amounts on TV and after making a lot more money, advertise a whole lot more paying ITV, Channel 4, Sky etc more and more money to advertise. Then eventually, you end up with a massive global brand like Nike which made it big in less than 30 years which is a very short time for this sort of thing.
Aha, the typical GSCE Business Studies student!
Business growth on that scale does not work without outside investment and intense gearing. After 7 years with Barclays and turnover varying between £100,000 and £700,000 a year depending on the period, I still only have a £25,000 overdraft. Hardly enough to build a global brand with, I think.
Advertising is built into the cost of goods and services. And trust me, I run an advertising company.