the top 5 reasons to use a learning management system (small business edition)

The Misty Tree Cafe

Feroze Misty started The Misty Tree Café a decade ago. With each passing

year, his business expanded and today he is the proud owner of 20 cafes

employing over 200 employees. Understandably, Mr Mistry’s training across

his 20 cafes leaves room for improvement.

The Top 5 Reasons to Use a Learning Management System (Small Business Edition)

The Misty Tree Cafe

Expanding the business created new challenges for Mr. Mistry, such as:

• Training new employees across different locations

• Updating existing employees’ product knowledge

• Keeping all employees up-to-date with the local compliance laws

• Sustaining a standard level of service across all cafes


Learning Management Systems

Mr. Mistry had heard about Learning Management Systems (LMS) but was

apprehensive to invest in one because of the big budgets involved, high-end

digital infrastructure needed, and technical experts needed to run it

smoothly.


There is no Feroze Mistry, or Misty Tree Cafes,

but for many this scenario is all too true.


If you are a small/medium size business owner,

like Mr. Mistry, you may have a restricted or

un-informed view of learning management

systems.

In fact, an LMS could be the very thing that

you need to help grow your business. So let’s

take a look at 5 reasons small and medium

sized businesses should consider investing in

an LMS.

Reason #1 Cost and Time Savings

Traditionally only huge corporations could afford the cost and complexity of

maintaining an LMS. But today, thanks to the Software-as-a-Service (SaaS)

model, a small business, such as our example The Misty Tree Café, can host

complex systems in the cloud without any IT involvement and with minimal

costs.


Reason #1 Cost and Time Savings

Even if a small business has a small training budget, then can still enjoy the

benefits that an LMS has to offer. Implementing an LMS in a business means

doing away with a whole bunch of extra costs such as instructor fees, travel

and lodging expenses, printing charges for learning material, etc. Setting up an

LMS also saves time spent on training and administrative tasks.


Reason 2# Improved Business Results

Learning management systems give employees quick and easy access to

learning tools, which helps them become better at their jobs. On-demand

training leads to highly skilled and well-trained employees who perform;

which in turn leads to customer loyalty and increased revenue.


Reason 3# Instant Access to Training Material

Imagine if all your employees could access all their training courses with one

simple click! Well, learning management systems makes that possible. With an

LMS in place, employees can get immediate access to the latest information

about company policies, new products, changes to existing products, or

anything they need to know.


Reason 4# Centralized Data Storage

Any small or medium sized business could use an LMS to store all their

training modules and learning data in one central place. Centralized storage

makes it easy for employees of any branch to access material and learn at

their own convenience, i.e. anytime, anywhere.


Reason 4# Centralized Data Storage

Centralized data storage also helps standardize training content so that every

employee, no matter where they are located, get the same, up-to-date,

accurate information.


Reason 5# Employee Performance Tracking

Learning management systems allow organizations to view and track the

development and growth of their employees. By viewing training data and

reports in your LMS you can better visualize and track employee

performance. For example, if Mr. Mistry wanted to know how many

employees in a specific café branch completed their compliance training, he

would simply need to log into his LMS.


Reason 5# Employee Performance Tracking

Additionally, by tracking employee’s progress reports, businesses can better

understand the relationship of their training and performance, and intervene

if additional support is needed for the employee to grow.


Due to advancements in technology, learning

management systems are not just available for large

corporations and government organizations. Small and

medium sized business can now benefit from an LMS,

for not only the time and cost savings, but also for the

enhanced capabilities an LMS provides for a company’s

learning and development.


If you’re looking for a SaaS enabled Learning Management System for your small or medium-sized company,

take a look at our LMS,

While some LMS providers provide

bare bone features for small customers

we pride ourselves in providing a full

featured LMS at an affordable price no

matter the size.

We even have a free trail so you can try

it out and see how it fits.

Start a Free Trial

https://www.gnosisconnect.com/

To Read the Original Article Click Here:

The Top 5 Reasons to Use a Learning Management System

(Small Business Edition)

http://www.infoprolearning.com/blog/how-to-identify-culture-of-accountability-infopro-learning/

http://www.infoprolearning.com/blog/five-reasons-why-small-medium-businesses-need-learning-management-system-lms/

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