Contact Us For Assistance With FVRA Tool & Business Plans!
Our team has the knowledge, skills, scale, passion, and resources to fulfil your growth expectations with 100% satisfaction rate.
10+
Team Members
100%
Clients Satisfaction
FVRA Tool & Business Plan
Home / Renew FVRA Tool & Business Plan
Reliable RTO Consultants At Your
Service!
FVRA Tool
Financial Viability Risk Assessment tool is used to evaluate the outcomes of business continuity and outcomes for a registered training organisation. An RTO is required to demonstrate an acceptable level of financial viability risk at all times and ASQA assesses it with the FVRA tool.
Via risk assessment tool, ASQA makes a judgement about whether the level of risk is acceptable, unacceptable, or requires additional controls. To enable a financial viability risk assessment, an applicant needs to provide:
- Financial sustainability information
- Independent certification
How Can We Assist You?
At RTO Point, we not only assist you in assessment via the FVRA tool, but we also assess and discuss the actual financial viability of your training organisation. As ASQA may require you to undergo a financial viability risk assessment anytime, we are right there to help you out.
Along with the risk assessment report, we also help with other evidences, including:
- Financial statements and tax records
- Business plans or projections
- Australian Securities and Investments Commission (ASIC) reports
- Dependency statements
- Independent financial assessments or audit opinions
ASQA may request the above documents for initial registration or renewal of registration.
Business Plan For FVRA
At RTO Point, we offer the right assistance needed for preparing and submitting RTO and CRICOS renewal applications. Our process begins with an internal review/ audit as it is crucial that training providers demonstrate compliance with the necessary standards at the time of application. Our renewal procedure includes:
What Includes An Ideal Business Plan?
For each RTO, we create a unique business plan that serves as a roadmap, outlining business level analysis, an overview and context of the industry, marketing and operational plans, and financial goals and predictions.
Our business plans provide the best strategies and projections for continuous growth and are designed with RTO operations in mind. Every plan includes:
- Executive Summary
- Background and Purpose
- Business Goals and Objectives
- Market Analysis
- Internal Analysis (SWOT)
- Marketing Plan
- Operational Structure
- Financial Plans
Our team has successfully formulated strategies and business plans for RTOs to help met compliance requirements, boost strategic transformation and redefine business growth.