Florida Business and Finance Exam Prep

(1 customer review)

$274.99

The Florida Business and Finance Exam Review course includes narrated highlighting guides, practice tests, theory, calculations, instructor support and test taking tips and strategies. Topics include bidding and estimating, contract management, liens, tax basics, insurance bonding, scheduling and project management, employee relations, financial management and more. The highlighting guides and quizzes are designed to familiarize students with testing materials. We do not provide students with exact test questions, as the state does not release this information.

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Florida Business and Finance Exam Prep

Prepare for and pass this license exam. Guaranteed

Florida Business and Finance Exam Prep

 The Florida Business and Finance Exam Prep course covers business structures, the licensing process, managing risk, marketing and sales, contract management, job safety and more. Highlighting guides, practice quizzes, math and calculations, study tips, licensing information, and instructor support are included. The highlighting guides and quizzes are designed to familiarize students with testing materials. We do not provide students with exact test questions, as the state does not release this information.

What’s Included in Our Courses

Everything you need to pass your exam on the first try.
Comprehensive test-taking tips based on our experiences serving over 350,000 students.
Learning modules covering business planning, bidding and estimating, contract management, liens, tax basics, insurance bonding, scheduling and project management, employee relations, financial management and more.
Access to over 250 practice test questions to reinforce what you have learned.
Highlighting guides and professional instructor support
@HomePrep’s No Pass, No Pay Guarantee. And our proven approach that has resulted in a 99% pass rate for our students.
We are happy to help you with any step of the licensing process. Please contact us via chat or call us at 800-952-0910.
We provide Instructor Support that includes explaining exam topics, reasoning behind quiz questions and explaining the how and why of any specific amendment for a code.

Our courses are designed to help you become familiar with the references and allow you to find the information quickly as the exams are timed. We offer highlighting guides to draw attention to key points throughout the book and tabs (sold separately) to allow you to find key sections quickly. We encourage you to take the practice exams multiple times as the questions on the test change each time.

Resources for the Florida Business and Finance Exam

  • Business & Law Exam Preparation

    Florida Business and Finance Exam Prep

    $274.99

    The Florida Business and Finance Exam Review course includes narrated highlighting guides, practice tests, theory, calculations, instructor support and test taking tips and strategies. Topics include bidding and estimating, contract management, liens, tax basics, insurance bonding, scheduling and project management, employee relations, financial management and more. The highlighting guides and quizzes are designed to familiarize students with testing materials. We do not provide students with exact test questions, as the state does not release this information.

    Add to cart
  • Business & Law Exam Preparation

    Florida Business and Finance Complete Exam Package

    $657.95

    The Florida Business and Finance Complete Exam Package includes the following:

    • Florida Business and Finance Exam Review
    • Florida Contractors Manual
    • Builder’s Guide to Accounting
    • AIA Document Pack – Florida
    • Florida Business and Finance Permanent Tabs

    The highlighting guides and quizzes are designed to familiarize students with testing materials. We do not provide students with exact test questions, as the state does not release this information.

    Add to cart

Books and Tabs to use During the Exam
(Included in the Complete Package):

Test materials are allowed to be tabbed, highlighted, and used during your test. The following references are used during the Florida Business and Finance Exam Prep and are available for purchase from our online contractor’s bookstore or by calling our office at 1-800-952-0910.

 

  • As a busy contractor with multiple state licenses and needs, it is nice to find a valuable source that can help fulfill my obligations from testing prep to CEU requirements. The team at @HomePrep are very courteous and professional. I would recommend them for any and all license and training needs.

    James V. - Colorado
  • This course was very easy to follow. It was so convenient because I was able to do it at my own pace in my free time. I have a very busy schedule and did not have time to take a live course.

    N. Amaya - Virginia
  • Very informative, the reading out loud was a great help. I could work at my own pace. It’s the way to go for continuing education!

    A. Nichols - Oklahoma
  • I really like the fact that I can keep taking the tests over and over, and the questions keep changing.

    T. Galbrath - Idaho

Who Needs An Florida Business and Finance License

All Florida State Contractor Applicants seeking CILB (Construction Industry Licensing Board) Licensure are required to take and pass the Florida Business and Finance exam.

Please view our Application Processing Services to streamline this process.

The Florida State Construction licensure categories are separated into two divisions:

Division 1 Categories include General, Building and Residential Contractors. Division 1 exams have three parts: Business and Finance, Contract Administration and Project Management. Tower Specialty Contractors, Demolition Contractors and Industrial Facility Contractors must pass
the same General category examination of three parts, Contract Administration, Project Management and Business and Finance.

 

Division 2 Categories include Class A Air Conditioning, Class B Air Conditioning, Commercial Pool/Spa, Gas Line, Glass and Glazing, Gypsum Drywall, Irrigation, Marine, Mechanical, Plumbing, Pollutant Storage Systems, Pool/Spa Servicing, Residential Pool/Spa, Roofing, Sheet Metal, Solar,
Specialty Structure, Underground Utility. Division 2 exams have two parts: Business and Finance and Trade Knowledge.

In Florida, general liability insurance isn’t required, but it is recommended. Without it, you’ll have to pay for claims of bodily injury and property damage out of pocket. However, workers’ compensation insurance and commercial auto insurance are required in the state.

To become a state certified contractor in Florida, you must:  

  • Obtain a passing score on all parts of the Florida State Construction examination.  
  • Be at least 18 years of age.  
  • Meet the educational/experience requirements.  
  • Be of good moral character.  Pay all applicable fees.  
  • Obtain worker’s compensation coverage.  
  • Demonstrate financial responsibility. 

Make sure you understand the requirements for the Florida State Construction license you are trying to obtain before registering for the examination. If you take an examination but do not meet the qualifications for that license, you will not be granted a license, even if you pass the examination. Professional Testing does not grant licenses or make decisions about a candidate’s eligibility for licensure. 

Questions about license categories and qualifications are answered on the DBPR/BET website at: http://www.myfloridalicense.com/DBPR/construction-industry/ or you may contact the DBPR/BET Customer Contact Center at 850-487-1395 or complete the on-line active form and submit to Customer Contact Center at the following link: http://www.myfloridalicense.com/DBPR/contact-us/.

Number of Questions 120
Exam Time 6.5 Hours
Pass Requirements 70%
Open Book Allowed Yes
Test Cost $80

Exam Overview

The Florida Business and Finance Exam is a computer based testing and will be administered in two sessions. Business and Finance will be a 6.5 hour exam and all Trade Knowledge will be a 5 hour exam with the exception of Air A and Mechanical, which will be a 7.5 hour exam. General, Building and Residential Contractor exams will be administered in three sessions. Business and Finance will be a 6.5 hour exam and Contract Administration and Project Management each will be a 4.50 hour exam.

Exam Topics

Establishing the Contracting Business (Area A) 11%

  • Determine the Contracting Business
  • Develop the Business Plan
  • Establish Relationships with other Professionals
  • Acquire Fixed Assets
  • Obtain Insurance

Managing Administrative Duties (Area B) 26%

  • Develop the Business 
  • Determine Outsourced Services
  • Determine Business Overhead
  • Preparing Bids/Proposals
  • Purchase Materials/Supplies
  • Prepare Invoices/Draw Requests
  • Develop a Safety Program
  • Maintain Insurance
  • Managing Contracts

Managing Trade Operations (Area C) 10%

  • Schedule Trade Operations
  • Maintain Osha/Safety Records
  • Purchase/Order Materials & Supplies
  • Leasing/Purchasing Equipment
  • Manage Material/Tool/Equipment Inventory

Conducting Accounting Functions (Area D) 32%

  • Manage Accounts Receivable
  • Manage Accounts Payable
  • Manage Cash Flow
  • File Tax Forms & Returns
  • Track Job Costs
  • Calculate Employee Payroll

Managing Human Resources (Area E) 6%

  • Hire New Employees
  • Develop Human Resource Policies & Procedures
  • Evaluate Employees

Complying with Government Regulations (Area F) 15%

  • Comply with Federal Law & Regulations
  • Comply with State Law & Regulations

The Florida Business and Finance Exam Prep course is available in the comfort of your home using a detailed presentation that takes you through all the information you will need to pass the exam on your first try. You will have access to this course for a full year so you can study at your own pace. Our course is available 24/7 on mobile and desktop.

Our courses are designed to help you become familiar with the references and allow you to find the information quickly as the exams are timed. 

 

You have complete access to your course for 365 days. 

 

You will access practice tests which require a 90% or above. 

 

We encourage you to take the practice exams multiple times as the questions on the test change each time. Our courses are designed to help you become familiar with the references and allow you to find the information quickly as the exams are timed. 

 

Comprehensive Content Coverage: Our course offers extensive coverage of all the essential topics and subject areas that are commonly tested in the Florida Business and Finance Exam Course. From building codes to construction practices and legal regulations, we ensure you are well-prepared for the exam. 

 

Most Up-To-Date Material: You can trust that our course materials are always up-to-date, aligning with the latest industry standards and regulations in Florida. Stay current with the most relevant information for your exam. 

 

Practice Questions: Get access to a diverse range of practice questions similar to those you will encounter in the actual exam. Practice makes perfect, and our questions help you become familiar with the format and types of questions you’ll face. 

 

Sample Exams: Our full-length practice exams simulate the real testing conditions, providing you with valuable exam experience. Assess your readiness, identify areas for improvement, and build confidence in your abilities. 

 

Explanation of Answers: We offer clear explanations for correct answers, helping you understand the reasoning behind them and learn from any mistakes you make in your practice sessions. 

 

Access to Instructors: Our team of knowledgeable instructors is available to support you throughout your learning journey. Ask questions, seek clarification, and benefit from their expertise. 

 

Time Management Strategies: Learn effective time management techniques to optimize your performance during the exam. Master the art of pacing yourself and maximizing productivity within the allocated time frame. 

 

Tips and Tricks: Discover helpful tips and strategies to tackle different types of questions with ease. Our expert insights will boost your confidence and test-taking skills. 

 

Study Plan Guidance: Our structured study plan is tailored to the exam’s content, keeping you focused and organized in your preparation. Follow our roadmap for success. 

 

Reference Materials: We provide recommendations for additional reference books or resources to supplement your understanding of key concepts, giving you a well-rounded knowledge base. 

 

Progress Tracking: Monitor your progress with our built-in tracking tools. Identify areas of strength and weakness, allowing you to adjust your study plan for targeted improvement. 

 

Supportive Learning Environment: Our course fosters a positive and engaging learning environment, motivating you to stay committed and achieve your best results.

Related Books and Materials for This Course

The Florida Business and Finance exam is open book, and you are allowed to bring tabbed, highlighted references into the exam. To get the most out of our course, we also advise having a copy of the following materials:

Test materials are allowed to be tabbed, highlighted, and used during your test. The following references are used during the Florida Business and Finance Exam Prep and are available for purchase from our online contractor’s bookstore or by calling our office at 1-800-952-0910.

 

All materials can be purchased as a complete package here: Florida Business and Finance Complete Exam Package.

Package includes the following:

New and Gently Used versions of all reference materials
are available in our online store.

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ABOUT US

Why Choose @Home Prep

Unlock Your Potential with @HomePrep: Your Trusted Online Provider of Contractor Licensing, Continuing Education, and Certification Courses. We offer over 1,000 courses across 115 state board accreditations, serving 25 different industries. With live support, 24/7 availability on mobile and online, and a no pass, no pay guarantee, we’re dedicated to helping you succeed. Join over 350,000 satisfied students who have achieved their career goals since 1997. Prepare for state and national exams, expand your skills with specialized trades, and advance your career in healthcare, cosmetology, auctioneering, and more. @HomePrep is a National Leader in online education.

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1 review

Student Reviews

  1. jackie.e.burke

    (verified owner)

    To the point, navigate backwards and forwards, convenient

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