Continuing Education: A Vital Ingredient Of The Success Plan For Small Business

Abstract

In a recent Journal of Business & Economics Research article, Atamian, et. al. (2009) provided practical advice for individuals considering forming a small business.  In that article, the authors observed that a major factor in avoiding failure is to “plan for success.”  The authors further noted that operating even the smallest of businesses calls for a multiplicity of skills seldom found in one individual.  This article discusses the knowledge and skills that the small business owner must have in order to combat risk of failure.  Furthermore, it encourages small business owners to recognize the necessity of including a viable continuing education element in their plans for success.  It concludes with an expanded discussion of how small business owners can continually acquire knowledge and skills to sustain the vitality of their businesses.