Business Accelerator: Transitioning from solo practitioner to employer

Broker Daily Podcast Network

Many brokers begin their career as a business owner as a solo practitioner. Once growth and scalability enter the equation, however, the thought of hiring, training, and developing a workforce becomes a priority. In this episode of Business Accelerator with Alex Whitlock and Jason Back, the pair discuss the process of this transition and how to build an effective brokerage.

Brokers often face limits in controlling their income due to commission structures and increasing client demands. Writing higher volumes sustainably while maintaining margins is becoming harder. This can make growth tricky, but with sustainable practices, it can be much simpler.