Handling Employee Payroll

The minute a broker brings employees into the company, the broker will have to comply with state and federal laws, including employee tax withholding requirements. This is one area of a broker's business operation that must adhere to the strictest standards and compliance measures. Failing to pay required payroll taxes will result in an unexpected visit from a representative from the state taxation board. Payroll tax violations can result in seizure of business or personal assets and closure of...

Introduction

Welcome to the world of the real estate entrepreneur I commend you on the decision to enter the dynamic, exciting, and rewarding career of real estate brokerage ownership. This book is designed to help you in the earliest stages of the brokerage journey, with the desired outcome being to save thousands of dollars in wasted hours or to avoid countless minor mistakes that can act as setbacks to your achieving a successful real estate company. Regardless of whether you're a real estate veteran or...

Telephone System and Equipment

Having determined the phone line service provider, a broker will need to select the actual phone equipment or phone system that will be used by the company. Small company telephone systems will have two key elements, the first of which is the PBX or switch or KSU key switching unit . These are three names for essentially the same piece of equipment. They are the box that hangs on the wall in the phone room and controls the flow of incoming and outgoing calls. It is the heart of the phone...