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Going Back to School for Small Business Owners

Most small business owners here in the UK launch a business dependant upon their own experience and expertise.  They spend several years working for an employer before deciding to make full use of their training and experience to launch their own business and work for themselves.  It’s a popular career path here in the UK where our economy depends on the small to medium businesses that make up more than 99% of the business landscape.  Most business owners have trained in a discipline other than business studies and most do not undertake a business studies course before going it alone, without any formal business qualifications at all.

However, it’s often the case that once the new company has been launched and started trading successfully, some business owners find that they are overwhelmed and struggle to take their business to the next level by scaling up, entering new markets, compiling a long-term business strategy or improving their digital skills.  This is usually because they are so busy running the business and juggling to keep all the balls in the air, concentrating on the daily challenges that are part and parcel of running a small business. 

However, any business owner who wants to level up and grow their business for the future may think that they don’t have the time to spend on learning more about running a business effectively.  Nothing could be further from the truth – investing a little time now in your knowledge about business represents a very real investment in the future success of your business. 

One option available to you is the local business school which is likely to offer a variety of courses that would be suitable, from developing the digital skills necessary for the future, planning for exporting and growth, hiring new people, and comprehensive business strategy. 

Business schools actually benefit from the relationships they forge with small to medium enterprises (SMEs), sometimes using them as case studies and sharing information about how the business is increasing to add to research.  Alternatively, SME owners often offer work placements for student studying business courses. 

While small business owners in a region often turn to each other for support, they are often reluctant to dedicate the time and expense necessary to learn how to increase their business because they are too busy! 

You are never too busy to benefit your business by learning how to grow your business effectively.  Taking a short business course may be all that’s stopping you and your business from growth.  Take a look at the business courses on offer in your area or, perhaps, search for an online business course that you can undertake at your convenience from home, at times that suit you and don’t drag you away from running your business on a daily basis.