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Finalizing a new LMS pricing has its pitfalls. Learn how to avoid these budgeting errors when purchasing an LMS for training companies and SMBs.
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LMS budget mistakes avoid while choosing LMS for training companies Steer clear of LMS budgeting mistakes to reap the maximum ROI
MAKING LMS BUDGETING MISTAKES CAN COST YOU MAKING LMS BUDGETING MISTAKES CAN COST YOU MORE THAN YOU THINK MORE THAN YOU THINK When launching a corporate eLearning program, companies must consider the needs of their employees, internal teams, and stakeholders. To meet everyone’s expectations, they need a flexible LMS for training companies with a wide range of features. A robust but flexible LMS for training companies is required due to the wide range of subject matter, training objectives, and client cost constraints. LMS for small business and training companies, have ‘hidden costs’ that get lost in the shuffle. Hosting, hardware, and on-boarding are examples. Then there’s the matter of (self-hosted servers are bulky and will need to be delivered and installed). Certain features may be excluded from the basic package and must be purchased separately. What other LMS budgeting details have you forgotten? Are there any costs that training companies and SMBs should consider when implementing a new system? www.paradisosolutions.com
THE BENEFITS OF IMPLEMENTING AN LMS FOR PARTNER TRAINING Vague knowledge of audiences’ need Lack of a Must-Have Feature List Underestimating Vendor Support Missing the Learning Curve www.paradisosolutions.com
Pricing Structure Mistakes Tie-In Tool Issues Ignoring Ongoing Maintenance Ambiguity in Active Users www.paradisosolutions.com
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