Question

retailing is an account for major portion of marketing costs

Answer 1

Answer:

Small business budgeting can be challenging and owners of retail stores may understand that more than most. Whether you're waiting to see if the new prices of investory will sell or writting for those sell.

Explanation:

1. Labour :- predicting labor costs is paramount when assessing how to make a budget for a retail store.

2. Facilities :- rent should be an easy budget line item to determine since its fixed cost Al least until the store current lease expire.

3. Marketing :- marketing likely makes up a major portion of your retail store budget and if its following the industry trend that number is likely to rise when you update your budget.