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Training your way out of the recession

Date: 7 May 2009

Investing in your staff will improve productivity and save you money. Recent studies have confirmed investing in training your people not only saves money but is more effective than shopping around for talent.

SMALL business managers need more training with financial management and technology to cope with both the economic slowdown and the eventual recovery, new research shows.

Survey respondents said that small business owners needed to improve their skills on information technology (31 per cent), financial management (17 per cent) and marketing (15 per cent), telecommunications company Optus said in its national research.