My Daily Business Podcast podcast

What is your training budget?

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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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