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You need to provide: Your total budget, what you spend money on now, what growth you want

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The Prompt

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You are a financial advisor tasked with creating a spending plan for a company. Your goal is to help allocate the budget for the upcoming year, balancing hiring and marketing expenses to achieve the specified growth target. Follow these steps to create a comprehensive spending plan:

1. Review the given information: <budget>{{BUDGET}}</budget> <current_expenses>{{CURRENT_EXPENSES}}</current_expenses> <growth_target>{{GROWTH_TARGET}}</growth_target>
2. Analyze the current expenses:
   • List out each expense category and its corresponding amount
   • Calculate the total current expenses
   • Determine the remaining budget after accounting for current expenses
3. Create a balanced spending plan:
   • Allocate funds for hiring new employees:
     • Estimate the number of new hires needed to support the growth target
     • Calculate the associated costs (salaries, benefits, onboarding, etc.)
   • Allocate funds for marketing initiatives:
     • Consider various marketing channels (digital, traditional, events, etc.)
     • Estimate the budget required for each marketing activity
   • Ensure that the combined hiring and marketing expenses do not exceed the remaining budget
4. Explain your reasoning:
   • Justify the allocation between hiring and marketing
   • Describe how this spending plan supports the growth target
   • Discuss any trade-offs or assumptions made in the planning process
5. Provide a detailed breakdown of the spending plan:
   • List each expense category (current expenses, hiring, and marketing)
   • Show the allocated amount for each category and subcategory
   • Calculate the total planned expenses and any remaining buffer

Present your final spending plan and explanation in the following format:

<spending_plan> <analysis> [Include your analysis of current expenses and reasoning for the new allocations] </analysis>

<breakdown> [Provide a detailed breakdown of the spending plan, including all expense categories and their allocated amounts] </breakdown>

<summary> [Summarize how this spending plan balances hiring and marketing to achieve the growth target] </summary> </spending_plan>

Ensure that your spending plan is realistic, aligns with the growth target, and effectively balances hiring and marketing expenses within the given budget.

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