E-learning platform for small businesses

Revolutionising learning for small businesses: The power of e-learning platforms

In today's fast-paced digital world, small businesses face many challenges, including limited resources and time constraints. In this blog, Lewis delves into staff training and development, in which businesses can harness the power of e-learning platforms to overcome these obstacles and thrive in the competitive landscape.

Key facts and statistics

According to a study by Towards Maturity, 72% of small businesses believe that e-learning helps them remain competitive in their industry.
Research by the Brandon Hall Group found that e-learning typically requires 40-60% less employee time than traditional classroom training.
As reported by the eLearning Industry, small businesses that implement e-learning see an average revenue increase of 26% per employee.

Key definitions

E-Learning - The delivery of educational content via electronic media, typically over the Internet.
Learning Management System (LMS) - A software application that administers, tracks, and manages e-learning courses and training programs.

Legislation, regulations, and best practice

The Health and Safety at Work Act 1974 (UK) mandates that employers provide adequate employee training to ensure their health and safety in the workplace.
The Equality Act 2010 (UK) requires businesses to provide employee training that promotes equality and diversity.
Best practice dictates that e-learning content be accessible, engaging, and interactive to maximise learning outcomes.

Accessibility and flexibility

E-learning platforms offer unparalleled accessibility and flexibility. They allow employees to access training materials anytime, anywhere, and on any device. This flexibility is especially beneficial for small businesses with remote or dispersed teams.

Cost-effectiveness

Traditional training methods often incur significant costs associated with venue hire, travel expenses, and printed materials. In contrast, e-learning platforms eliminate these expenses, making training more cost-effective for small businesses operating on tight budgets.

Customisation and personalisation

E-learning platforms enable businesses to tailor training content to meet their employees' needs and learning styles. Through interactive modules and quizzes, learners can engage with the material at their own pace, ensuring maximum retention and comprehension.

Recommendations

Conduct a needs assessment to identify the training requirements of your workforce.
Choose an e-learning platform that aligns with your business objectives and budget.
Regularly evaluate the effectiveness of your e-learning initiatives and make adjustments as needed.

Conclusion

In conclusion, e-learning platforms represent a game-changer for small businesses looking to enhance employee skills, improve productivity, and drive business growth. By leveraging the accessibility, cost-effectiveness, and customisation capabilities of these platforms, businesses can empower their workforce to succeed in today's dynamic marketplace.

Ready to revolutionise your training approach? Click here to explore the power of ComplyPlus LMS™ from The Mandatory Training Group. Our comprehensive e-learning solution is designed specifically for small businesses and offers user-friendly features, customisable content, and robust tracking capabilities.

About the author

Lewis Normoyle

Lewis has been instrumental in shaping our success from inception. His journey through various business units and international teams highlights his invaluable experience and business acumen. In his essential role overseeing operations, Lewis’s precision and efficiency stand out, ensuring smooth and effective processes throughout the organisation.