Whether you own a Registered Training Organisation or another business, you naturally want it to exceed its potential. Your business requires ongoing investment and periodic upgrades that add value and help you stay competitive within your industry. This latest Minerva Holdings blog explores which commercial components are worth upgrading, as well as the signs that suggest it’s time to sell a business.

A high-performing business should have the following:

High-quality website to attract new business.

A modern and detailed website that represents your RTO’s offerings will attract both prospective students and staff. As the first point of contact to your institution, your website will help new clients determine if your organisation is the right place to invest their time and money. You will also be able to distinguish between people who share your business’ values and vision, and those who aren’t a good match.

Competitive salaries to attract quality trainers.

Just as students invest their time and hard-earned money into your courses, the expectation is that your RTO will provide a quality educational experience. Passionate and expert educators will set your organisation apart from its competitors, attributing reputational value to your business. A team of talented and hardworking staff members will also prevent disruptions to your day-to-day operations and keep your business functioning smoothly.

A commitment to growth.

As the leader, you are responsible for making continual efforts to expand and grow your business. You should be up to date with industry news and building connections that will add value to your service offering. Building a reliable database of customers and clients will also take time, but is integral to ensuring your organisation thrives in the contemporary education space.

What if it’s not viable to make these upgrades?

That’s totally okay! Having worked in the RTO space for over 15 years, we understand these upgrades are costly and not everyone enjoys back-end administration and compliance paperwork. That’s why Minerva Holdings exists – we provide the opportunity for business owners to partner with us, allowing owners to return to what they enjoy – teaching and the student experience.

Equally, we’re ready to facilitate transfer of ownership should owners find themselves no longer passionate about growing their business. We have a transparent process, fully unpacking your reasons for selling to ensure all parties are on the same page. Minerva Holdings adopts the RTO into our portfolio, ensuring your students and staff are looked after and enjoy a smooth transition.

Minerva Holdings is committed to developing a community that supports lifelong learning. We collaborate with business owners, trainers and students to foster this vision, through business acquisition and outsourced administration. Discuss your next steps with our courteous team today.