Question: When you initially start working in the industry, what licences do you need to get? Question 2: What is contractor compliance? Question 3: Explain the

 When you initially start working in the industry, what licences do you need to get?

Question 2: What is contractor compliance?

Question 3: Explain the term "Wave" and also its benefits in the construction business finance.

Question 4:What are the different types of financial risks in the building industry?

Question 5: Mention the qualifications and skills required for managing building and construction finances.

Question 6: What is the objective of a project budget?

Question 7: How can a construction project's cash flow be managed?

Question 8: What criteria must be considered, when choosing the right progress payment plan?

Question 9: Name the common problems/issues that can be identified while monitoring the financial health of the business.

Question 10: What are the basic things you can do to increase your cash flow?

Question 11: What are the benefits of employing electronic record keeping?

Question 12: Who is the most important person to disclose taxable payments to?

Question 13: Discuss the various types of insurance. When do you buy insurance, and how much do you pay?

Question 14: Mention the various ways in which a contractor is allowed to be paid for their services.

Question 15: What are the types of construction business loans?

Question 16: Mention the tools and techniques of cost estimation.

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