Most small businesses have limited marketing communication, aka advertising, budgets making it even more crucial to research thoroughly; select the best medium(s) and target prospects carefully.

The following list contains seven suggestions for achieving "champagne" results on a "beer" budget!

1. Develop one or several, robust customer referral programs

Although most business owners acknowledge that customer referrals generate a great deal of their new business, very few have implemented a "formal" referral incentive program, even though this is one of the most effective, least risky way to acquire valuable customers