Updated: Apr 25, 2021
To be competitive in today’s highly competitive and dynamic climate, businesses of all sizes need to develop a strategy for employee training. Effective employee training programs help create more productive, engaged employees who feel valued by their organization. An increasing number of small business owners now understand that training should be one of the core components in attracting and retaining talent.
In recent years, as cloud-based technologies have continued to evolve, eLearning has surpassed classroom-based training as the cornerstone approach for small business employee training. And learning management systems (LMS), the foundational technology to support eLearning and online employee training, has reached a point where they can be affordable to most every small business.
What is an LMS?
An LMS is a software application that is used to build, launch, and track any type of online learning program, including corporate and employee training. While an LMS offers several powerful advantages over classroom-based training, the most important for many small businesses is in its cost-effectiveness. In working with an LMS, you eliminate the need for employee and instructor travel, training site fees, and the cost of printing and distributing training materials. An LMS also eliminates the need to pull your employees away from their work for training as it allows them to conduct their learning activities after hours from any place that is convenient for them- all that is required is an Internet connection.
Common Cloud LMS Use Cases for Small Business
While a cloud LMS can impact practically all areas of a small business, some of the most common use cases include:
New employee orientation
Skills training and development
Sales and customer service training
Customer and partner training programs
The Benefits of a Cloud LMS for Small Business
While some LMS systems can be deployed on-premises, most small business owners tend to prefer a cloud-based LMS as with this approach offers:
Low Up-Front Expenses
While an on-premises LMS requires the business to make significant up-front investments in software, hardware, and infrastructure, a cloud-based LMS eliminates this need as it is provided by the cloud LMS vendor.
Minimal Ongoing Management Costs
Because the cloud LMS vendor hosts and manages all of the infrastructure for their clients, there is a greatly reduced need for the small business to invest its own time and resources in managing the system.
Most cloud LMS applications are subscription-based. This means that small business owners can access and pay for only the system bandwidth and resources they need at any given time. And most systems allow their clients to increase or decrease system capacity on an as-needed basis.
In working with a cloud LMS, you can be sure that you are accessing the “latest and greatest” in LMS features and security without having to spend any time managing upgrades.
LMS Portals for Small Business eLearning
LMS Portals offers a cloud-based, multi-tenant LMS that allows our small business clients to launch multiple, private eLearning environments for their employees, customers, and partners. In working with our system, you can launch new eLearning environments on-demand to cost-effectively deploy and access the specific capacity you need for effective training programs. And each portal you launch has its own branding, user onboarding, collaboration tools, analytics, and more.