10 LMS budget mistakes to avoid while choosing LMS for training companies

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 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?

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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

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