For people who own their businesses, it can be a challenge to decide whether or not to attend business school. Often, it seems like an unnecessary expense, if the keys to the business are already in your hand. Where else can you go, from there? The answer is: anywhere you want to go. And going to business school can help you get there!
Why Some Business Owners Skip School
There are many reasons why a business owner may choose not to attend business school – or even college, for that matter – and each is as unique as the person who gives it. Some of the most common include:
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The business is family-owned and has been passed down to them.
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They have worked their way up through the business and prefer that experience to formal educational training.
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They believe they have learned everything they need to know through work experience and on-the-job training, and see no need for formal schooling.
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Running the business takes too much of their time, and they do not feel that they have the time necessary to devote to schooling.
While all of these are valid excuses, they’re just that – excuses. There are many reasons to reconsider attending business school, and they can all help solve these issues!
Why You Shouldn’t
Through formal education, business owners can grow and expand their understanding of the workings of both the marketplace, finance and how their business works with both. By attending business school at a local college or university, business owners stand to go from owning local “mom and pop” shops to running large, successful business, in-person or online. Whatever their goals and dreams, getting a formal education can help them realize them and more.
Those who hold a business degree:
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Earn more than those who do not.
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Have more employment opportunities within the field than those who do not.
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Don’t have to worry as much about the possibility of their current business failing or falling through as those who do not as their education provides a safety net.
Whatever your reason for choosing to get that business degree, know that it’s the best choice you will ever make. Your staff, your family, and your customers – present and future – will thank you!
