Can you register an RTO just to sell it?
In small business, the establishment phase is the most challenging. This crucial period can make or break a business and will shape the essence of the organisation for years to come. Some entrepreneurs thrive in such conditions, whereas some people struggle to keep afloat. It is common practice for one person to establish a business and, once it is established, sell it to another. So, can you register a Registered Training Organisation (RTO) just to sell it? We unpack this question by examining the Australian Skills Quality Authority’s (ASQA) current policy and discussing the finer legal issues. The answers might surprise you. ASQA’s current position ASQA reports that much of its limited resources are allocated to regulating small, newly established RTOs. In an attempt to plug this drain on its resources, ASQA has been increasing scrutiny on new entrants to the vocational education and training (VET) sector. ASQA has a new strategy for assessing initial applica