How exciting, a RTO of your own!
Have you dreamed of becoming an RTO and enabling your passion through Nationally recognised training?
It may sound daunting, but it really isn’t if you use a simple approach.
If you have an existing business, then it might involve changes to your existing business and profile to one of a nationally recognised training provider. Some of the changes include systems, data storage, staffing requirements and continuous improvement.
If you’re serious about creating yourself as an authority in your specific training niche and you’re committed to doing whatever it takes to make it happen, then I want you to listen in.
You need to create quality systems to DOMINATE your niche in training!
An RTO will be a back bone of creating these systems. Even though initially it appears to be a lot of work the changes actually add value to your existing organisation through the systematic improvements.
The systems include:
- Knowing about your students and your clients
- Having quality material such as staff handbooks, candidate handbooks, learner material,
- Ensuring your quality assessment policies are used,
- Have a systemic approach to improvement that results in effective long-term solutions,
- A quality record management system
- Qualification registers and
- Management of resources.
The process may also require training of your existing staff to understand the new procedures and requirements of the AQTF (Australian Quality Training Framework) including the Essential Standards of registration and your compliance obligations and responsibilities for the ongoing management of an RTO.
This systematic approach will provide endurance through the changing times and circumstances of your business.
If this all seems to be too much for you then there are other solutions such as partnering with an existing RTO and working with them to develop your training requirements.
Or
You could use a consultant to assist you in developing tools and systems specifically for you.
BUT before you do anything conduct a feasibility study. A business feasibility study identifies problems and opportunities, determines objectives, describes situations, defines successful outcomes and assesses the range of costs and benefits associated with several alternatives.
It is estimated that only one in fifty business ideas are actually commercially viable. The feasibility study is often a safe guard against wastage of further investment or resources. The business plan is the next logical step from a successful outcome of the feasibility study.
No one wants their business to go under, so think seriously about conducting your research thoroughly.
If need any assistance, then remember I am here to help.
Merinda Smith