# What is Learning and Development (L&D)?

L&D provides training and growth opportunities. SMEs use it to upskill staff, improve retention, and support succession.

Source: https://faqtic.co/glossary/learning-and-development

## Why it Matters for SMEs

- Builds skills
- Improves retention
- Supports growth

## Example in Practice

Factorial tracks training courses and completions.

## Frequently Asked Questions

### Why invest in L&D?

To prepare staff and reduce turnover.

### SME-friendly options?

Online courses, mentoring.

### Track with software?

Yes, via fields and reports.

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