So you want to be an RTO

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So you want to be an RTO?

• Anna-Louise Allen
• Training Recognition Consultant
• AQTF Auditor

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Why?

• You are a great trainer/assessor
• Sick of working for RTOs who dont know what they
  are doing
• You can run a better RTO than most
• RTOs make lots of money
• You want to access government funding
• You want to be your own boss

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Great Trainer/Assessor

• Great practitioners, dont always make great
  business owners
• Running an RTO is not different from other
  businesses.
• If training and assessing is what you like doing,
  take a job, dont open a training business
• You will end up doing everything

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Sick of working for poor quality RTOs

• How will you make sure your RTO is not just
  another poorly managed RTO?
• You may be better to take a holiday or change
  RTOs
• Managing an RTO is a full time business there
  will be no time for doing it
• Systems and procedures are what make a business
  run well

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How will you run the RTO?

• A well run RTO business requires systematic
  policies and procedures
• Compliance and good management go hand in hand
• Clear and accurate procedures need to exist
• Record keeping is the key
• Poorly resourced RTOs fail what start up
  capital and resources do you have?

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Being an RTO is not a recipe to make money

• As with all businesses, you require start up
  capital, a business premises and the training and
  assessment resources
• Return on investment in the first year will be
  minimal
• Do not expect to make a profit in the first year.

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Government funding

• In Victoria
• There is a current list of private providers
• No funding will be offered to RTOs outside of
  this group
• Registration as an RTO does not entitle you to
  government funding
• The Victorian Minimum Performance Standards only
  allows subcontracting between preferred
  providers.

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Being your own boss

• If you are considering running a one person RTO
  think again.
• If you are a one person operation you really just
  have a job with very long hours
• If you are going to employ trainers, you will
  become a boss
• Do you have the leadership skills to do this?

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Source appropriate facilities

• Training venues with resources to suit your
  training services
• Purchase the training packages
• Develop or sources training and assessment
  materials including session plans, learner
  guides, references, assessment tools and
  recording sheets
• Have access to appropriately qualified staff and
  special facilities.

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Registration requirements

• You need to establish a legal entity this could
  be an individual, a company or a trading name.
• You will need a Directors certificate for the
  trading name to show the legal entity for that
  trading name

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Lodgement of your applications

• Prior to lodging your application you will need
  to pay a fee to the Office of Training and
  Tertiary Education (OTTE) via the Westpac Bank.
  This fee changes annually
• You will need to complete an application form and
  declaration.
• You application must be lodged and supported by a
  Training Recognition Consultant

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Once registered

• You will receive notification from OTTE that your
  registration has been successful,
• you will receive a registration certificate and
  Training Organisation Identification Number
  (TOID)
• This number will appear on the National Training
  Information Service (NTIS)

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Need help?

• Puggle Press and Company can assist with all your
  registration requirements.
• Call 9889 3542
• Meet with Anna-Louise to discuss your needs, this
  is a chargeable service
• Purchase the AQTF resources CD