Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
+1 212 318 2000
Europe, Middle East, & Africa
+44 20 7330 7500
+65 6212 1000
If you’d like to offer employees training opportunities but funds are currently a bit tight, don’t despair. With a bit of creative thinking, there are plenty of ways to provide your staff with on-the-job training without blowing your company’s budget. Here are some suggestions:
Form a training co-op. The American Society for Training and Development (ASTD) suggests teaming up with other small companies to offer joint courses for your employees.
Take advantage of training offered by the manufacturers of equipment that you buy. Have training included in the purchase agreement.
Find out if your employees can take part in training programs that major customers have for their own employees.
Encourage employees to participate in educational opportunities offered by their unions or professional associations.
Train one employee to train others. ASTD suggests sending one employee for training and sharing what he or she learns with the rest of your staff.
Want to improve the way you run your business? Entrepreneurs, academics, and consultants from diverse industries offer practical advice on a variety of topics each business day.
To submit a tip for consideration, first check our archive of previous tips to make sure you're not repeating a tip someone has already contributed. Then send the tip to Small Business channel contributor Michelle Dammon Loyalka. Because of the volume of material she receives, she may not respond to each individual.