NASCLA Study guides, Class notes & Summaries

NASCLA- Part 1 Exam Questions With Verified Answers Benefits of a Business Plan - answer-blueprint for your business -used as a planning and benchmarking tool -sometimes requires by bank, loan officers or investors Elements of a Business Plan - answer-cover page -executive summary -company summary -list of services/products -market analysis -marketing strategy -financial plan Business Plan Pitfalls - answer-not portraying a accurate picture of your business -not keeping it simple in...

Law and Business Exam 1 Questions With Verified Answers The department may refuse to issue a license or certificate to an applicant who has done which of the following? - answerHas submitted false or misleading information -has had a license denied -has failed to meet the minimum qualifications -any of these listed Form I-9 must be kept for at least _________ years from the date of hire. - answer3 According to the state of South Carolina, which of the following can be classified as an en...

NASCLA Exam Questions With Verified Answers Key Functions of a business plan - answer1.) Planning tool 2.) Loan or Investor Document 3.) Benchmarking Tool Elements of a business plan - answer1.) Cover page 2.) Executive Summary 3.) Company Summary 4.) Products and Services 5.) Market Analysis 6.) Marketing Strategy 7.) Financial Plan CECPMMF Sole proprietorship - answeryou are the sole owner - exposes to unlimited liability for business debt Disadvantages of a sole proprietorship ...

NC Business and Law Exam Questions And Answers (Updated And Verified) File notice of contract within 30 days of issuance of - answerbuilding permit file the claim of lien within - answer120 days responsible for securing permit to build - answercontractor must have license for projects more than - answer30,000 how many members on the licensing board - answernine the contractor has 90 days to replace the - answerqualifier licenses expire - answer12/31, licenses invalid ______ days after 1...

NASCLA Contractors Guide Exam Questions With Verified Answers When a business is purchased by a new owner, what happens in regards to the "EIN"? - answerA new EIN is required A clause that means that a subcontractor is bound by the same obligations as are required of the general contractor is called: - answerFlow-down clause What are the three key functions on a business plan? - answerPlanning Tool, Loan or Investor Document, Benchmarking tool A contractor's Business Plan does NOT inc...

NASCLA Contractors Guide to business, law and project management Exam Questions And Answers (Updated And Verified) Entrepreneurs are often regarded as... - answerRisk takers Whats found in a business plan? - answerCover page, executive summary, company summary, products and services, market analysis, marketing strategy, and financial plan. What is a market analysis? - answerYour target market, market trends, and major competitors are defined under market analysis. What is a cover page? -...

Nascla NC State Law Exam Questions And Answers (Updated And Verified) 4 - 0 How do you manage Risk - answerManage risk by adding provisions to a contract, safety programs, operating procedures and GENERAL INSURANCE. Put the following items to finish a concrete slab in the correct order - answerScreed Bull float Power Trial Final Finish 4-4 What does Commercial General Liability Cover (CGL) - answerBasic Liability coverage - 4 types of injuries - BODILY injury actual physical damage or l...

NASCLA Contractors Guide to Business, Law and Project Management Chapter 1 - answerBusiness Plans & Planning Chapter 2 - answerTypes of Business Structures Chapter 3 - answerBecoming a Licensed Contractor -Types of Licenses -Requirements of Licenses -Reciprocity -License Renewal Chapter 4 - answerManaging Risk -Types of Insurances -Types of Bonds Chapter 5 - answerBusiness Tips -Time management -Delegation -Business ethics -Technology -Loans and grants -Certifications Chapter ...

Business, Law & Project Management (NASCLA) Exam Questions And Answers Fully Verified Be familiar with the elements of a business plan - answer1-1 to 1-3. Know the advantages and disadvantages of the different types of business structures - answer2-1 to 2-7 A Limited Partners Liability (Partnership) is limited to the amount they invested. A major disadvantage of a General Partnership is ____________________________________ - answerunlimited personal liability for all general partners A ...

NASCLA - Contractors Guide to Business, Law, and Project Management Exam Questions And Answers Fully Verified A business must meet the requirement of the Fair Labor Standards Act when there are more than how many employees? - answer1 What is the primary purpose of ventilating unconditioned spaces? - answerto control moisture Oxygen cylinders shall be stored where? - answerseparate from fuel gas cylinders by a minimum of 20' Which of the following is included in a company's general ove...