While learning management systems (LMSs) have been widely adopted by larger companies, to date, many very small companies, including family-owned businesses that focus on delivering a single product or service to people in a limited market and/or geographic area, remain reluctant to explore the benefits of LMSs. Ask our experts about the benefits of adopting an LMS. If asked why they think their businesses have little or nothing to gain from adopting a LMS, their reasons typically fall into three broad categories.
- Size: Many very small companies (by definition, a small company is any company with fewer than 500 employees, so very small companies are generally assumed to be comprised of those with fewer than 50 employees ) simply assume that they are too small to warrant adopting a LMS.
- Cost: Many small companies assume LMSs are not within the budget of a small company.
- Limited training needs: Many small companies believe that their training needs are limited, since they deliver a single streamlined product or service to a restricted market.