Things to Know If You Want to Set Up Your Own RTO
Registered Training Organisations, also known as RTOs, are organisations with the purpose to offer vocational education and training (VET) to their students.VET, as opposed to higher education (i.e. university)offers students an opportunity to learn the required practical skills and knowledge to gain employment in their desired field. There are more than 5000 RTOs in Australia covering a wide range of subjects and offering tens of thousands of different courses. When deciding whether to start your own RTO you should consider what you can offer students. To thrive in such a competitive market, your RTO must offer students an exceptional and unique learning experience. Opening a RTO requires a considerable investment of time, energy and funds. And, as with any entrepreneurial venture, there is a risk of losing everything you invest.The RTO sector in Australia is heavily regulated, meaning the aforementioned risk is ever present because of potential regulatory non-compliance. But as we a...