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Small Business Owners Look Beyond College for Training Opportunities

New SCORE infographic shows 56% of entrepreneurs do not have a four-year degree Business owners are turning to training and education to spur business growth, according to data compiled by SCORE, mentors to America’s small businesses. Although degree offerings in entrepreneurship have grown by five times in the past 30 years, 56% of business owners do not have a four-year degree – and are instead taking advantage of other low-cost educational resources. Small business owners who invest in training are more likely to grow. In fact, business owners in one survey cited training as more critical to their success than adopting new technologies or hiring employees, sharing the following plans for 2018: 36% of business owners plan on improving their skills to boost productivity and efficiency.32% will invest in new technologies.28% will hire more employees.This growing interest in business training is reflected in higher education trends. Over the past 30 years: The number of freshmen who want t…

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