What is your training budget?

In this episode, Fiona discusses the importance of having a training budget. She also shares her work experiences and emphasizes the need for ongoing learning and upskilling to stay competitive in business. Tune in!You'll Learn How To:The absence of a common agreement on training budgetsImportance of training budget for self-development and staff upskillingThe challenge of keeping up with evolving business demands and technologies.Utilizing training budgets for courses, mentorship, educational programs, and skill development.Encouraging staff to identify training needs The necessity of ongoing learning and growth to avoid stagnation in business.Budgeting for training expenses and avoiding ad hoc spending.The importance of sharing insights and experiences with other small business owners and encouraging reviews and sharing to reach a wider audience.Get started on a more successful and sustainable small business with our range of free tools at mydailybusiness.com/freestuffConnect and get in touch with My Daily BusinessMy Daily Business ShopMy Daily Business Free Weekly PlannerMy Daily Business Waitlist Special thanks to HoneyBook for sponsoring this podcast. HoneyBook helps independent businesses manage everything from enquiries and contracts to invoices and payments, all in one place. Use this link and code FIONA to receive 30% off until the end of September 2026. Want to get your #smallbusiness sorted in 2026/ 27? Check out our 1:1 business coaching packages from a one-off session to 6-months of coaching. Want to know more about AI and how to harness it for your small businesS? Join our new monthly AI chat for small business owners. You can join anytime at www.mydailybusiness.com/AIchat Try out my fave AI tool, Poppy AI here and use discount code FIONA. We also love Descript. Connect and get in touch with My Daily Business via our shop, freebies, award-winning books, Instagram and Tik Tok.