Contractor Business and Law Exam Prep | Georgia


8 Hours | Online Text Course 

This course was updated in 2020 to reflect changes made to the exam.
Prepare for your licensing exam on your own schedule with this course that covers EVERY topic in the Business and Law exam and is based on the Georgia NASCLA Contractors Guide to Business, Law & Project Management book.  Mobile friendly so you can study anytime, anywhere!

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This course was updated in 2020 to reflect changes made to the exam.


As a new business owner, it is critical that you know the basics of running a company. From forming a business entity, hiring employees, managing the job, understanding basic accounting, and knowing your state’s licensing laws, this course will prepare you for the Business and Law portion of the exam. It is based on the relevant chapters found in the Georgia NASCLA Contractors Guide to Business, Law and Project Management, 2nd Edition.

Licensing Laws and Rules

Residential and General Contractor Licensing Law

Licensing Board
Licensing Requirements
Licensing Application and Examination
Offenses and Penalties
Complaint and Hearing Procedures
Administrative Penalties
Continuing Education

Estimating and Bidding

Bid Documents
Estimate Planning
Determining Costs
Common Sources of Error
Submitting the Bid
Job Cost Recording
Estimating Software
Making a Profit

Business Organization

New Business Start-up
Establishing a Business Entity
Naming your Business

Financial Management

Accounting Cycle
Financial Ratios and Trend Analysis
Methods of Accounting
Contract Accounting
Cash Management
Equipment Records
Accounting for Materials
Payroll Accounting

Tax Law

Federal Taxes
Georgia State Taxes

Employee Management

Hiring Employees
Hiring Minors for Construction 

Employee Documentation 
Federal Acts 
Other Labor Laws 
Workers and Unemployment Compensation 

Project Management

Project Schedule
Cash Flow
Project Management
Project Life Cycle
Daily Reports
Budget and Cost Controls
Tracking the Budget
Quality Control
Value Engineering

Lien Law

Filing a Claim of Lien
Interim Waiver and Release Upon Payment
Waiver and Release Upon Final Payment
Affidavit of Nonpayment 

Payment Bond

Contract Management

Basic Contract Elements
Contract Provisions
Breach of Contract
Limiting Risk
Types of Contracts
Methods of Contracting
Change Orders
Dispute Resolution
Contract Documents and Project Manual
Oral vs. Written Contracts

Risk Management

Employment Insurance
Contract Surety Bonds
Federal Construction Projects
Public Construction Projects

Jobsite Safety and Environmental Factors 

Safety and Health Programs
Hazardous and Toxic Substances

Environmental Laws
Hazardous and Non-hazardous Waste
Underground Tanks
Lead Based Paint 

What to do next?

Customer service will be available by email or telephone between 8am and 6pm Eastern Standard Time. They will assist you with questions regarding course content.

If you have any questions, please call us at 1-800-727-7104 or send an email to Email responses will usually be returned promptly, but guaranteed within one business day.

Student policies and procedures are always available by going to our website and scrolling to the bottom of the page (See Attendance, Privacy and Refund Policy).

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