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BL4 Business and Law for Residential Contractors (2021-08-04)
50 Questions, 70% Minimum Required to Pass, 120 Minutes Time Allowed
The reference material listed below was used to prepare the questions for this examination. The examination may also contain questions based on trade knowledge or general industry practices. Except for Code books, you can base your answers on later editions of references as they become available. For Code questions, the examinations will be based only on the edition of the Code book that is listed.
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Closed Book These books are for pre-test study only and are not available for use during the test.
NASCLA Contractors Guide to Business, Law and Project Management, Georgia Licensing Board for Residential and General Contractors, 3rd Edition
Publication Year: 2021
The NASCLA Contractors Guide to Business, Law and Project Management is organized into three sections.
Part 1 focuses on planning and starting your business. This section will help you formulate a business plan, choose a business structure, understand licensing and insurance requirements and gain basic management and marketing skills.
Part 2 Covers fundamentals you will need to know in order to operate a successful construction business. This section covers estimating, contract management, scheduling, project management, safety and environmental responsibilities, and building good relationships with employees, subcontractors, and customers.
Part 3 provides valuable information to assist you in running the administrative functions of your business. Financial management, tax basics, and lien laws are covered. Effective management of these areas of business is vital and can cause you serious problems if you do not give them proper attention.