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Using Sponsors and Advertising to Finance your Business
Sponsors and advertising are a good means of generating additional revenue for companies in need of cash. This option is particularly popular for internet companies with available space on their websites. The amount the sponsorship can be sold for is highly dependent on the market reach of your company – that is the number of people likely to see and respond to the advertisement. Highly trafficked website sites are valuable to sponsors given the number of potential views and the ease with which the potential customer can be directed to the sponsor’s website.
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