How do you create a training budget?
Creating a training budget is a crucial step for any organization that wants to invest in the skills and performance of its employees. A training budget helps you plan, prioritize, and allocate resources for learning and development initiatives. However, creating a training budget can also be challenging, especially if you have to balance competing demands, justify your expenses, and measure your return on investment. In this article, we will guide you through the process of creating a training budget that aligns with your organizational goals, needs, and capabilities.