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Commercial Real Estate Pro Network

Commercial Real Estate Professionals who work with Investors, Buyers and Sellers of Commercial Real Estate. We discuss todays opportunities, problems & solutions in Commercial Real Estate.
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Now displaying: Page 1
Sep 17, 2019

Nicole Grenell and Liz Goddard, What is the BIGGEST RISK? [00:00:12][3.8]

LIZ: [00:00:14] So i is this question because all I see is risk. I'm the person in the partnership for all that. I mean I was in HR, so all I did was evaluate and mitigate risk all day long. So I would say let's point the question towards employment because there's a lot of risk that comes with employment. If you are not prepared to hire somebody or don't understand everything you need to be doing as an employer in the state that you are working in, there's risk. There is serious risk especially with all the employment laws. So we had a client who had employees and didn't know that she had to have workers comp insurance and then someone filed Worker's Comp. Right. And so. [00:00:55][41.0]

Nicole: [00:00:55] In the worst state that you could possibly do that in. [00:00:57][2.1]

LIZ: [00:00:59] And so there's a lot of little things that you just have to know if you're gonna employ people. If you do not know them, you need to find somebody that does, or you to hire a company like some like one of ours, who can help you dance around that or show you show you what you need to do. So there is a lot of risk that comes with employment. And all those risk that comes with working with contractors as well. And you really need to know those very clear cut and defined lines because it is an expensive mistake to make. [00:00:59][0.0]

[46.9]

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