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Home / How Entrepreneurship Training Bene ts Small Businesses

How Entrepreneurship Training

Bene ts Small Businesses
Bridget Weston - February 14, 2019

Did you know that small business owners who invest in entrepreneurial training are more
likely to increase revenue, secure capital, innovate and create a meaningful impact in their
communities?

Our recent infographic, “Entrepreneurship

Training,” examines the intricacies and
bene ts of training for small businesses.
How much importance do small business owners
place on training?
When small business owners were asked how they would improve productivity in their
business, the majority of them placed importance on training rather than other expenses.
Among those surveyed:

36% said they would seek ways to improve their skills

32% would invest in new technologies
28% would hire more employees
This shift toward training and improving employee skills improves the health of the
business and sets it up for success.

Entrepreneurship and College

Over the last 30 years, the number of freshmen college students who want to be
entrepreneurs has doubled and the education system has catered to the shift in interests.
Degree offerings in entrepreneurship have grown by 5 times and courses in
entrepreneurship have grown approximately 20-fold in the last 30 years.

Despite the students of today being more interested in entrepreneurship training within a
college environment, most business owners do not have a 4-year college degree. In fact,

5% did not complete high school

20% graduated high school or received a G.E.D
14% received an associate’s degree
17% attended some college
26% graduated college
18% received a post-graduate degree

With only 44% of small business owners having a bachelor’s degree or higher, it’s clear a
degree from a 4-year college or university is not the only thing that equates to
entrepreneurial success.

Resources for Small Businesses

For small business owners who didn’t attend or graduate from a 4-year college, many use
online workshops, blog posts, business resources and training, including SCORE.org.
Entrepreneurial and small business training materials can provide business owners with
the necessary tools to help their businesses succeed.

Some of the most-searched topics from SCORE users are:

Financial Templates
Business Plans & Strategy
 Marketing/Sales

Users also search for training topics such as:

Starting Your Business

Developing a Business Plan
Marketing/Sales

Helping small business owners get the resources they need to help their businesses
succeed is one of our main goals at SCORE.

If you’re interested in starting your own business but don’t know where to start, SCORE is
your source for entrepreneurship training. We offer small business workshops and a library
of online templates, e-guides, blogs and more. Continue training while working with your
SCORE mentor to make your small business soar!

ABOUT THE AUTHOR(S)

Bridget Weston is the CEO of the SCORE Association, where she
provides executive leadership and works directly and
collaboratively with the Board of Directors to establish the vision
and direction of SCORE.

Bridget Weston
CEO, SCORE

KEY TOPICS

Strategy & Planning | In Business | Startup

RELATED CONTENT

Infographic
Infographic: Entrepreneurship Training
Small business owners who invest in training are more likely to grow. Our latest infographic
examines the growth of entrepreneurship training and sources for small business... Read more 

Take a Workshop
 SCORE offers free live and recorded webinars & interactive courses on demand on small business
topics. We also host in-person events in 300 chapters nationwide. Read more 

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Funded, in part, through a Cooperative Agreement with the U.S. Small Business
Administration. All opinions, and/or recommendations expressed herein are those of the
author(s) and do not necessarily re ect the views of the SBA.