U1/206 Adelaide Terrace, East Perth WA 6004, Australia
RTO Advisory Perth | RTO Consulting ServicesRTO Advisory Perth | RTO Consulting ServicesThere are a plethora of nuances and intricacies when it comes to buying and selling an RTO. Assessing whether an RTO is up to the standards demanded by ASQA is crucial before even indulging the purchasing conversation. It is essential to acknowledge the sheer number of Registered Training Organizations in Australia with figures rising upwards of 4000. RTOs are registered establishments which deliver nationally authorised training. It makes them subject to significant scrutiny to safeguard their authorisation under the watchful eye of the Australian Quality Training Framework (AQTF).
Another thing to note is that when an RTO is sold, it’s imperative to notify the national regulatory body that is the Australian Skills Quality Authority (ASQA). Although their approval does not play a massive role in conducting a sale, it is nonetheless mandatory for them to be notified, by the vendor. Despite the comprehensive process, there are possibilities of unethical elements and devious schemes when selling an RTO, which makes it important for you to seek professional help and be prepared.
RTOs operate within a highly regulated framework of management. Therefore, if you are planning to buy an RTO, there are several obligations and standards that you must meet. This article will outline the key questions to ask from the outset if you want to purchase an RTO. You should consider:
Our team of RTO Specialists are astute in both facets of selling and purchasing. Because registration cannot be transferred, RTO sales are achieved by selling shares in the company that owns the registration. Such transactions may inevitably trigger an audit by the regular or might even require to re-register the businesses owing to structural discrepancies. Such intricate yet fundamental facets of the industry warrant professional help, and that’s where we can help you.