Thorough due diligence is essential when selling your Registered Training Organisation (RTO). At ANKCORP, your trusted Melbourne-based RTO broker, we carefully verify four key areas to protect your interests, ensure everything meets ASQA requirements, and get you the best possible price. This step minimises risks and sets up a successful sale.

1. Compliance (Meeting ASQA Standards)

We confirm your RTO fully complies with current ASQA (Australian Skills Quality Authority) regulations. Our checks include:

• ASQA Net History: Reviewing past submissions and interactions with the regulator.
• Learning & Assessment Resources: Ensuring resources are up-to-date and meet training package rules.
• Audit Reports: Checking past audits (internal and external) and actions taken to fix any issues.
• Training & Assessment Strategies (TAS): Verifying your TAS is effective and matches how you deliver training.
• Policies & Procedures: Assessing your documented systems (like enrolment, assessment, and complaints) for completeness and proper use.

2. Financial Health & Obligations

Getting a clear picture of your RTO’s finances builds buyer trust and ensures a fair valuation. We verify:

• Tax Compliance: Confirming all ATO obligations (Income Tax, GST) are current.
• BAS Statements: Reviewing recent Business Activity Statements.
• Superannuation Guarantee: Ensuring all employee super contributions are paid up.
• Outstanding Commissions: Confirming any owed agent/broker commissions are settled.
• Rent/Lease Agreements: Checking payments are up-to-date, and lease terms are clear.

3. Student File Management

Well-organised student records show quality delivery and reduce future audit risks. We check a sample of files for:

• Student Assessments: Evidence of valid, properly marked assessments.
• Communication Records: Emails and other correspondence showing student support.
• Enrolment Documentation: Complete and accurate forms, including verified USIs.
• Certificate Issuance: Correct and timely issuing of qualifications.
• LLN (Language, Literacy, Numeracy) Assessments: Documentation showing initial and ongoing support (if needed).

4. Operational Viability & Reputation (Other Key Checks)

These elements impact your RTO’s appeal and how smoothly it runs after the sale. We look at:

• Trainer & Assessor Profiles: Current qualifications, vocational skills, and industry experience.
• Company Reputation: Online reviews, industry standing, and any past disputes.
• Physical Location & Facilities: Suitability of your premises and equipment for training (if applicable).
• Assessment System & Tools: Quality and effectiveness of your assessment materials and processes.
• Marketing Practices: Ensuring advertising is accurate and follows ASQA guidelines.

Let ANKCORP Handle Your RTO Due Diligence in Melbourne

Selling an RTO is complex. Our structured due diligence process, backed by years of experience as a leading RTO broker in Melbourne, gives you clarity and confidence. We manage the details, ensuring your RTO is presented accurately and compliantly to serious buyers.

Ready to sell your RTO? Get in touch with ANKCORP today for expert guidance through every step.

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