When you’re the owner of a startup, chances are, you don’t have cash to spare. You’re scrambling to meet your bottom line. You’d rather pay the rent than for fancy perks and training for employees. Actually, this can be said for companies beyond their startup phase, as well. Everyone is trying to save some bucks. It’s just in the nature of the business.

 

But something that smart businesspeople do is they find and acknowledge where the money HAS to go and where it doesn’t have to go. They see where the trail leads- if the money they invest in something leads out to more money down the road, or if the trail goes cold halfway through. They are good ROI predictors and thus, make good business decisions. They aren’t only experts at getting a deal, but in getting deals on the right stuff to make their business do well.

 

It may seem like just a perk to startups and small business owners, but having a solid and dynamic training plan in place for both your employees and yourself is absolutely imperative. For example, what use is there for an organization’s structure if no one knows about it or follows it? How are employees supposed to know the style of management they are to follow or the way they should break up their workloads? They simply won’t if you don’t have a training program in place that is:

 

  1. Always present

Employees should be able to revisit their training materials at any time. They should also be ENCOURAGED to revisit them. The availability of training to an employee reduces the need for costly supervision and management. It also insures that the employee knows at all times what they are to be doing and when, and often, how to execute their tasks.

 

  1. Thorough

With more information available, especially in a convenient form such as a mobile app or computerized handbook, employees will be able to manage themselves better, be more autonomous within your company more quickly, and be more aware of tasks they should invest more time in. This goes especially with training applications that are self-assessing.

 

  1. Well-organized

Your training program should be easily usable and the information should be organized in a relevant and easy to navigate way in order to encourage both use and usability.

 

By having a solid training program that changes as your organization does, you ensure that both new and veteran employees always have the information they need at their fingertips to do their jobs. Without this, your employees can’t help you get your return on investment that you paid hiring them in the first place. And with a weak training strategy, you will find yourself doing a lot of hand-holding and wasting YOUR very valuable time as a business owner.http://learnlikeaboss.com/were-pinching-pennies-so-why-spend-on-training/

 

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