When owning a small business, which is what a blog is, its super-important to budget. Especially if you are just starting, because you never know what's going to happen--unless you have ESP, and if you do, let me know. But, if you don't have ESP, you can help yourself get to the point where your blog will pay you, and not costing you money--which is a budgets job, to ensure you that your small business is profitable. Now don't worry if you don't know how to build a budget, because I'm going to give you some tips how to set a budget for your blog, and you'll be set right away.
How to Set a Budget for Your Blog (or Small Business--Whatever)
Simply scroll through, using the arrows below, to see each of these 4 easy steps to set up a budget for your blog...
Do Your Research
This is the hard part, but it’s not so much hard as frustrating. You’re going to need to figure out all the exact numbers, meaning how much your blog can bring in within a month, how much you spend on it to keep it going, how much you take home, etc. Take all the numbers and have them written down and it is crucial they are EXACT numbers, not just guessing.
So, dig through all the costs you regularly have like hosting, advertising, everything–then how much you could realistically bring in with sponsored posts, ads, and–everything. Adjust your guesses to be more real is what I’m saying. LOL!