CRPT 2270 Construction Business Management

CRPT 2270: Construction Business Management

Description

Construction Business Management covers the basic principles of construction business accounting, organization of business structure, employee management, business licensing requirements and trade knowledge for the purpose of starting your own small business.

Credits

2

Prerequisite

None

Corequisite

None

Topics to be Covered

1. Record books

2. Tax charts

3. Employee deduction charts

4. Business license laws

5. General business control

Learning Outcomes

1. Discuss contract clauses, lien claims, sub-contracts, cost-plus contracts.

2. Explain contractor licensing and business ownership options.

3. Calculate cash flows, inventory, time sheets/payroll and similar small business bookkeeping functions.

4. Describe safe handling of hazardous materials and job site safety measures.

5. Evaluate workers’ compensation and business insurance coverages.

Credit Details

Lecture: 2

Lab: 0

OJT: 0

MnTC Goal Area(s): None