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What is your training budget?
Description
In this episode, Fiona discusses the importance of having a training budget. She also shares her work experiences and emphasizes the need for ongoing learning and upskilling to stay competitive in business. Tune in!
You'll Learn How To:
- The absence of a common agreement on training budgets
- Importance of training budget for self-development and staff upskilling
- The challenge of keeping up with evolving business demands and technologies.
- Utilizing training budgets for courses, mentorship, educational programs, and skill development.
- Encouraging staff to identify training needs
- The necessity of ongoing learning and growth to avoid stagnation in business.
- Budgeting for training expenses and avoiding ad hoc spending.
- The importance of sharing insights and experiences with other small business owners and encouraging reviews and sharing to reach a wider audience.
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