Prepared for the Nevada Construction Business and Law Exam as a study guide and open book reference.
The general business and law or “CMS” exam is open book and this book is allowed to be taken with you when you sit for the exam.
The book is organized into 3 sections.
Part 1 focuses on business planning and start up. 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 is centered on fundamentals that you will need to operate a successful construction business. This section will cover estimating, contract management, scheduling, project management, safety and environmental responsibilities and building good relationships with employees, subcontractors and customers.
Part 3 gives you valuable information for running the administrative function of your business. Financial management, tax basics and lien laws are covered. Effective management of these areas of business is vital and can cause serious problems if you do not give them the proper attention.