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Budgeting for Employee Training
The issue of employee training is a contentious one, especially when it comes to budgeting. How much is too much in terms of allocating funds to training staff? Is it an investment or a redundant expense? It seems that business owners around the world are divided on the issue.

Other training budgets Related Articles

Make the Recession Work for Your Brand
As the economic cycle spins, marketers look forward to the economic highs and dread inevitable recessions. When the economy goes sour, how do brands stay alive? During an economic slump, advertising budgets tend to be the first item cut. But history strongly suggests advertising budgets should be increased during a recession.
Ten Tips for Selling in a Down Economy
Whether we are really in a bad economy or just think we are in a bad economy, companies are cutting their budgets. Often times, marketing budgets are the first to be cut, which can spell doom to people who sell advertising, media and sponsorships. No matter what you sell, the following ten tips can help you overcome the challenges of today's economy.
Staffing in Tough Times
Obviously budgets are tight and potentially getting tighter, but where and how do you trim budgets without negatively affecting your retail performance? We take a look at various facets of staffing and how to address them in a downturn.
Cost of office fit out
The service providers or retail companies in the office fit out, commercial fit out, relocation, interior design and refurbishment services sectors promote their inspirational services and products in amazing budgets all around the world. Alas, as they likely spend more in promotion, they neglect the real buyers and their unique needs that are limited by their tight budgets as the result of the economical recession in the world.
Creative Marketing to do NOW!
Often times, marketing and training are the first budgets to be cut when business is slow. It's like shooting yourself in the foot...no...the head! You've got to let everyone know you're still out there - still in business - still accepting money. And your staff is your most valuable asset. You've spent dollars and time to get them acclimated to your business now teach them to improve. So this month's article is on creative marketing and next month we'll talk about creative ways to invest in training your people.

10 Creative Training Ideas You Can Use NOW!
I know - you're cutting budgets. Now is NOT the time to stop investing in your team members. They need training and communication more than ever! Invest properly and it will actually increase your business and here are some creative suggestions.
What are Training Brokers
Training brokers exist to help companies plan the training for their employees and to help organize further education for staffers. Intensive training needs often require some form of middle ground in order to sufficiently classify the proceedings, which is where a training brokerage comes in handy. It can be difficult to conclude whether training needs to be outsourced or take place in house, but a training broker can help gauge business needs and lead to decisions on diverse related matters. In short, a training broker completes the associated tasks with organizing training for employees. Any directorial tasks, such as scheduling or budgetary scrutiny, can also be left to the broker. He or she will work within a complex of allied groups to supply the business owner with the essential information about training programs,etc.
Is Your Sales Training Missing These Ingredients?
The last time you went on sales training, were you engaged in the decision? How long was the sale training and/or was the sales training ongoing or was it just the flavor of the month? When or what day(s) of the week was the sales training delivered - during pay time or no pay time? Did the sales training take your personal sales needs and learning methods into consideration? Were you able to apply the sales training methods in the real world? Were you encouraged to return for further sales training or to meet with your sales coach and discuss your experience? Was the sales training based on sales management objectives?

Training and Development in Economic Recessions
During economic downturns, companies typically choose to cut training budgets as they are often viewed as a luxury when times are prosperous. However, investments in training with a clear, concise plan as support during economic downturns actually work to maintain overall performance and lower costs, keeping the company competitive.
How to do great marketing with (almost) no money
Many small businesses have very limited marketing budgets. They cannot afford TV ads, radio, billboards, print ads, etc. So how can they get prospective customers. In this article penned for March Marketing Madness, Jeff Ogden, President of Find New Customers, shares insights for limited budgets.
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