Register a Company
- Register your company with Lawpath in just 10 minutes.
- Simple step-by-step process with instructions
- On-demand phone, email and chat support
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
If you know your way around the corporate world and have a knack for teaching, it could be time to consider opening your own corporate training company.
Read on to learn the process of starting up your own corporate training business, from what qualifications you may need to which teaching platforms are available.
To offer a valuable teaching service, it's important that you know your stuff. A thorough understanding of and experience in corporate organisations is essential for your business, and getting training qualifications will help to give you the credibility to stand out from your competition.
The ability to communicate concepts clearly and guide learning will also equip your training business for success.
Depending on the specific training you'll be doing, you may not require any qualifications. For a number of training topics, such as Australian First Aid, you'll require the most recent version of Certificate IV in Training and Assessment.
Pursuing an education in the fields you'll be teaching will give you the knowledge and credibility you'll need. Some relevant, nationally recognised courses include:
Full-time study duration for these courses ranges from five months to one year, and the prices typically range between free (with government subsidies) to $6,200. Most are available to study online.
The most valuable asset to your corporate training business will be your intellectual property, which is your course content. It's also worth investing in presentation equipment that will make your content shine – a basic PowerPoint might not cut it.
You might have an online training delivery system, your own training site or a portable setup, where you go to client workplaces to train.
Depending on your setup, you may also need the following:
The rest of your corporate training needs will consist of software. You'll likely need:
To start a corporate training business, you'll first need an Australian Business Number (ABN). There are three relevant Australian business structures you can choose from depending on your business size and how much you'll earn. These are:
If you want 100% control of your business, a sole trader structure gives you that. It also means you'll be fully liable for any debts your business acquires. A partnership is very similar, but you'll share the responsibility and liability with your business partners.
A company structure means you and your partners (if you choose to have any) will act as directors. You'll have the option of bringing in shareholders, who you'll have to report to regularly. The business will be considered a separate legal entity to you, meaning you will have limited liability if you incur debts.
Choosing the right structure can be difficult, but you can always change your mind later. It's a good idea to talk to a business advisor to help you make this decision.
A training service agreement is vital to set out the Terms and Conditions of your training service delivery. Some other legal documents you may want to draft before operating your corporate training business include:
The average corporate trainer salary varies based on multiple factors, such as the course topic and quality of content, as well as how you deliver your training.
One of the best ways to gauge how much you should charge your clients is by looking at local (or comparable, if you're fully online) competing businesses and basing your fees on that. If you have a specialised niche or you offer a better package, then you can charge more, but it's best to be competitive in the early days until you gain a good reputation.
What type of corporate training should I do – online or on-site?
There are a few methods of doing corporate training – on-site, online or at your own place of business.
Despite recent events, some people see on-site training to generally be a good method when they're starting out. That's because it allows you to build strong, ongoing relationships with your clients. Seeing client worksites also gives you the opportunity to spot new leads (you might notice different departments you could deliver training to).
Training at your own premises may be the easiest in-person method, as you're always set up and ready to go. It also saves your clients money, as they don't need to provide their own space.
Online delivery methods, on the other hand, are the way of the future, even if you only offer it alongside other methods. Online training can be effective, as it's often interactive and may keep a learner's attention for longer.
How do you approach businesses for corporate training?
Corporate training clients have been shown to heavily use the Internet to research and find training organisations. It's important to be visible online via social media, search engines and advertising.
It's even more important to show those who find you that you are the expert in your industry. Do this by publishing high-quality articles, informative blogs and detailed case studies. It's also a great idea to approach potential clients directly. If you can supply training course examples when you pitch your company to these clients, even better.
How do I choose the best Learning Management System (LMS)?
Online course platforms are often difficult to find and choose just by searching online. To help you out, we've compiled a list of quality LMS platforms, listing their pros and cons.
finder.com.au is one of Australia's leading comparison websites. We compare from a wide set of banks, insurers and product issuers. We value our editorial independence and follow editorial guidelines.
finder.com.au has access to track details from the product issuers listed on our sites. Although we provide information on the products offered by a wide range of issuers, we don't cover every available product or service.
Please note that the information published on our site should not be construed as personal advice and does not consider your personal needs and circumstances. While our site will provide you with factual information and general advice to help you make better decisions, it isn't a substitute for professional advice. You should consider whether the products or services featured on our site are appropriate for your needs. If you're unsure about anything, seek professional advice before you apply for any product or commit to any plan.
Products marked as 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. You can learn more about how we make money here.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labelling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan, we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria.