If you want to create a multi-million dollar business, you’ve got to assemble an incredible team of people. You need employees who know how to build a great product, market it to others, and manage your finances in a way that secures the success of your firm.
It sounds simple in theory.
The problem, however, is that finding people with all of the abilities that you need at a price that you can afford is a challenge. People don’t come as a complete package: you often have to train them to get them to fulfill their true potential.
For many years, training was an expensive undertaking for startups and small businesses. You had to hire a physical trainer who would come to your premises to deliver a course and often charge a hefty sum of money for the privilege.
Things began to change, however, with the introduction of learning management systems. These systems allowed company owners to buy courses online and then deliver them to their staff via software. The advantages were not only that it was more convenient (employees could learn at opportune moments throughout the day), but that it was much cheaper too.
The story doesn’t end there, of course. It’s terrific that these tools are available, but there are now so many of them that it can be hard for company managers to pick one over another. Check out the following infographic. It lists various learning management systems in order of their value for money, with the least expensive at the top.
Infographic by eLearning Industry Best 20 Value for Money LMS Software for Small Businesses