The Florida Business and Finance Exam is one of the core licensing exams required for ALL contractor applicants in the state of Florida. It’s designed to test your knowledge of business practices, financial management, and regulatory compliance—essentially, everything you need to responsibly run a construction business in Florida. There are several varying formats dependent on whether you are applying as an Electrical Contractors, Pool Servicing Contractor or any other Division I or Division II trade. In addition to the Business & Finance exam, a passing score is required on a specific trade related test(s) to qualifying for licensing. There is no circumstance under which an applicant can exempt from taking and passing the Business and Finance Exam, although exemptions to subsequent trade exams can apply based on specific college degrees earned or NASCLA certification.
I cannot express my gratitude to Miss Fay for the Roofing trade knowledge. I called 2 ½ weeks before my test and requested a private class. You fit me in and gave me all I needed for the test. The system you have is spot on. I did the work you told me to do. I was nervous to go so quickly but walked out with a 81.25%
I highly recommend instructor Fay Bamond .I tried to prepare myself the 1st month by just reading the books end doing self-tests but soon became overwhelmed by the sheer amount of information I thought I was going to nave to memorize. Then for 4 months I participated with Fay’s study group where she taught a unique approach. Not trying to memorize answers but learn pathways of now to find the answers. I joined both weekly and monthly classes and just followed the program. I booked Fay for some private tutoring which really helped me sharpen and evaluate my approach to the test, that was money will worth spending and I’m sure helped improved my test score. The Florida test is not an easy test to pass but this program works if you work it. I know because I recently took the exam and passed it the first time with an excellent score.”
“I started With the Zoom classes for the Business and Finance exam with Faye. She does an amazing job of helping you learn how to use the books and quickly be able navigate through text. It is important to stay engaged in the class and follow along each step. After about 3 months of studying 12-40 hours a week. I took the exam and passed on my first attempt.”
Format: Computer-based exam
Required passing score: 70%
Length: 120 questions (Exam will have 5 pilot questions that will not be graded for score. These questions will not count towards or against your score.)
Time: 6 hours and 30 minutes
Topics Covered: Includes Accounting, Payroll, Licensing rules, Lien law, Worker’s Compensation, Bonds & Insurance, OSHA Safety rules, Project Management, and more
Required textbooks: Florida Contractor’s Manual, Builders Guide to Accounting, AIA 201, AIA 401, AIA 701, Florida Statue 455
Type: Open book, multiple choice
Scheduling: With Pearson VUE once registration is approved by Professional Testing, Inc.
Fee: $80 (paid to Pearson VUE) + $135 registration fee (paid to Professional Testing)
Format: Computer-based exam
Required passing score: 75%
Length: 55 (Exam will have 5 pilot questions that will not be graded for score. These questions will not count towards or against your score.)
Time: 2 Hours and 30 minutes
Topics Covered: Includes Accounting, Payroll, Licensing rules, Lien law, Worker’s Compensation, Bonds & Insurance, OSHA Safety rules, Project Management, and more
Required textbooks: Florida Contractor’s Manual
Type: Open book, multiple choice
Scheduling: With Pearson VUE once registration is approved by Professional Testing, Inc.
Fee: $80 (paid to Pearson VUE) + $135 fee (paid to Professional Testing)
Format: Computer-based exam
Required passing score: 70%
Length: 60 questions (Exam will have 5 pilot questions that will not be graded for score. These questions will not count towards or against your score.)
Time: 3.5 Hours
Topics Covered: Includes Accounting, Payroll, Licensing rules, Lien law, Worker’s Compensation, Bonds & Insurance, OSHA Safety rules, Project Management, and more
Required textbooks: Florida Contractor’s Manual, Builders Guide to Accounting, AIA 201, AIA 401, AIA 701
Type: Open book, multiple choice
Scheduling: With Pearson VUE once registration is approved by Professional Testing, Inc.
Fee: $80 (paid to Pearson VUE) + $135 fee (paid to Professional Testing)
Sign Up Today – Unlock Personalized Classes, Tutoring & Exclusive Exam Prep Tools!
When you sign up, you may choose a spot in a small class with a limited number of students or a private one-on-one tutoring session with a licensed instructor, each giving you the chance to focus on your weak areas, ask questions freely, and build confidence without the distractions of an oversized classroom.
But that’s not all—you may also gain exclusive access to our online learning portal, where you can access unique proprietary study tools, hundreds of practice exam questions, sharpen your study habits, and track your progress.
With the combination of live expert guidance and self-paced practice tools, you’ll walk away more focused, more confident, and fully prepared to pass your required exams.
When signing up for Business & Finance classes, select Business & Finance Small Group Classes for All Trades, unless you are an Electrical Contractor, in which case select Business & Finance Small Group Classes for Electricians
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