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 to pursue entrepreneurship has doubled.
  • Degree offerings in entrepreneurship have grown by five times.
  • Courses in entrepreneurship have grown twentyfold.
Nonetheless, 56% of business owners do not have a four-year college degree:
  • 5% did not complete high school.
  • 20% completed high school or a G.E.D.
  • 14% earned an associate’s degree.
  • 17% completed some college.
  • 26% have a four-year degree.
  • 18% earned a post-graduate degree.
Instead, many entrepreneurs are using online training materials and modules to educate themselves on business topics, including those found on www.score.org.
The three most popular training topics on www.score.org are:
  • Starting your business
  • Developing a business plan
  • Marketing and sales
Click here to download the infographic containing more information on the educational landscape for small business owners.
About SCORE
Since 1964, SCORE has helped more than 11 million aspiring entrepreneurs. Each year, SCORE's 11,000 volunteer business experts provide free small business mentoring sessions, workshops and educational services to clients in 300 chapters nationwide. In 2018, SCORE volunteers helped to create 32,387 new businesses and 103,300 non-owner jobs.
For more information about starting or operating a small business, or on volunteering with SCORE, visit SCORE at www.score.orgFollow @SCOREMentors on FacebookInstagram and Twitter for the latest small business news and updates.

Comments

Siscom said…
We’re a group of volunteers and starting a new scheme in our community. Your web site offered us with valuable info to work on. You’ve done an impressive job and our whole community will be thankful to you. Flow Meter Tokico
Danny said…
I think it's a matter of perspective. Business needs more time to grow up. Having a good business idea and small training can help you more than academic learning. But academic learning can add more value to your fluent planning. You can get more managing idea using best entrepreneur podcasts.
Teresa said…
Having a training is a positive move for a business. Business needs to be run perfectly and there should be a good amount of profit. You can use Téléphonie IP Montréal to have a good rapport system which allows the owner to save the phone bills.
James Anthony said…
Setting up as a limited company is one of the smartest and most tax-efficient ways to get paid for your work. Know more details from this website - company-setup.co.uk
Unknown said…

The above discussed information is very useful and interesting. We provide the Best Best Business Plan in India, Reach us now to avail this service at the best price.
Laura Bush said…
This comment has been removed by the author.
Laura Bush said…
Your blog is really impressive, you included much knowledge for us. It genuinely had good content. Thanks for sharing this.
seo services for small business
seoprofessional said…
Great blog guys, for more info about salesforce, get salesforce training
Hey what a brilliant post I have come a cross and believe me I have been searching out for this similar kind of post for past a week and hardly came across this. remote team todo list
tradelines said…
It is the Best tradelines
Unknown said…
Side hustle ideas I admire this article for the well-researched content and excellent wording. I got so involved in this material that I couldn’t stop reading. I am impressed with your work and skill. Thank you so much.
Alia parker said…
This comment has been removed by the author.
Alia parker said…
This comment has been removed by the author.
Such a nice information to share you about Start a small business Consulting services Start Up Registration
Alia parker said…
Favorable website, where did u produce the details on this posting?I have read a few of the blog posts on your site currently, and likewise, I actually like your style. Many thanks a million as well as please maintain the efficient task. plr ebooks
PERYOURHEALTH said…
I was thinking about starting a new business. My friend suggested amazon automation reviews. SO I think i can start my business through their help.
Danny said…
Very encouraging blog. If you are thinking of starting a new business then SEO is really essential for that. It will help you to boost your website and increase your google search engine results. philadelphia seo expert
dbackdrop said…
After a long time, I read a very beautiful and very important article that I enjoyed reading. I have found that this article has many important points, I sincerely thank the admin of this website for sharing it. Best Odoo Customization Services Usa provider.
ikonix Telecoms said…
Hi there I am so thrilled I found your website, I really found you by mistake, while I was browsing on Yahoo for something else voip solutions for small business
Matteo Thomas said…
One worthwhile advantage of food packaging is the FDA (Food and Drug Administration) label required for specific products. For any type of food business, you need to have the best packaging materials. You can check out the polyester film supplier for more.
Leyshain said…
You've written an excellent post, and you've shared it with us. Your article provided me with some unique and useful knowledge. I appreciate you sharing this text with us. task management tool
Cedar Blinds said…
Very useful post. After long time, i read very intersting article. blinds in stoke on trent
As small business landscapes continue to evolve, entrepreneurs are increasingly seeking training opportunities beyond traditional college education. This shift signifies a growing recognition that practical, specialized skills often crucial for entrepreneurial success might not always align with what conventional academia offers. Small business owners are exploring diverse avenues like online courses, vocational programs, specialized workshops, and mentorship initiatives to acquire targeted knowledge, practical expertise, and real-world insights. This trend underscores the importance of adaptable, skill-focused learning models that cater to the specific needs and demands of a dynamic entrepreneurial ecosystem, enabling individuals to acquire the precise tools necessary for success in their ventures.

Popular posts from this blog

Hayden Desser - Make Believe (Official Video)

Notion Launches Quick Way to Import All Your Evernote Data