Tennessee Business and Law Exam
$119.99
This business and law practice test includes the following:
- Practice Exams
- Math and Calculations
- Study Tips
- Licensing Information
- Instructor Support
*The Business and Law Exam must be passed to become a licensed contractor
Course Overview
Description, benefits & features
This course is made up of a detailed presentation that takes you through all the information you will need to pass the exam on your first try. A contractors License in Tennessee is required for projects that exceed $25,000. Anyone seeking to become a contractor in Tennessee is required to sit for two exams, business and law and the trade. Topics in our online course include bidding and estimating, contract management, liens, tax basics, insurance bonding, scheduling and project management, employee relations, financial management and more. @HomePrep is a National Leader in online education. With over 100,000 satisfied students and a course catalog of over 1,000 classes, we are here to help you – Invest in Yourself.
How Do I Get My License?
- Purchase the Exam Prep Course — and then study!
- Pass the exam with a 73% or higher.
- Submit your application, licensing fee and proof of insurance (when applicable).
Books and References for the Exam
The following references can be taken into the Tennessee Business and Law Management Exam. These references are available for purchase from our online contractors’ bookstore.
- Tennessee, Contractors Guide To Business And Project Management
- Pre-Printed Tabs: Tennessee, Contractors Guide To Business And Project Management
Applying for Licensure
To apply, contact the Tennessee Board of Licensing Contractors at 1-615-741-8307. A non refundable fee of $250.00 per License type will be required.
Exam Details
- A 73% is required to pass.
- 50 questions.
- The fee for the exam is $57.
- You will have a total of 140 minutes to complete the Tennessee Business and Law Management Exam.
- Topics on the exam include:
- Licensing Requirements
- Estimating and Bidding
- Business Organization and Financial Management
- Tax Laws
- Labor Laws
- Project Management and Lien Laws
- Contracts
- Risk Management
- Environmental and Safety
- To schedule your exam with PSI go to PSI Online – One stop Solution for Test Takers (psiexams.com). Or, contact PSI at 1-855-746-8173.
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Tennessee Contractor Live Seminar (Seminar Only)
$529.99Select optionsThis 2-Day seminar provides everything you need to pass the Tennessee Contractor License Exam, including:
• Highlighting Guides
• Math and Calculations
• Study Tips
• Licensing Information
• Instructor Support -
Tennessee Contractors Guide to Business and Law Permanent Tabs
$12.99Add to cartPERMANENT TABS PACKAGE – This package includes permanent tabs for all references allowed to be used during the exam.
• Tennessee, Contractors Guide to Business and Project Management
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Tennessee, Contractors Guide to Business and Project Management
$81.99Add to cartThe NASCLA Contractors Guide to Business, Law and Project Management is organized into 3 sections.
Part 1 focuses on business 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 is centered on fundamentals that you will need to know 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 failure to give them proper attention can cause serious problems.
Brock Snowden (verified owner)
I haven’t taken the actual test yet, but even after reading through the entire book beforehand, this has made it so much easier to find the areas of the guide that pertain to the questions. The practice exams are a must! Thanks @HomePrep!
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Natalie Miller
Brock, Thank you for your review! We appreciate it. Good luck on your exam.
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Daniel Brewer (verified owner)
I took the test twice scoring 70 and 72 with 73 being passing. Decided to come off my pocketbook and give this course a try. After following the highlighting guide and taking two practice tests yesterday, I passed today with a 78. Wish I’d had time to take more practice test. It still took me every last minute of the 140 minute exam. The questions on the exam really make you think about wording and calculations. Take the practice test until you are familiar with chapter location for each topic.
Good luck friend, DB.
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sue
Daniel,
Thank you for your review! We are so glad it helped you pass the course. We appreciate you.
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