Project Description

BM101 - How to Save Money Through Tax Laws

4 hours

This course will review the alternative legal forms that may be used to conduct a building/construction business, including proprietorship, partnerships, joint ventures, limited partnerships, C corporations and S corporations. The pros and cons of each type of entity will be examined in terms of personal liability exposure. The income tax and social security tax consequences of each type of entity, as well as the impact on fringe benefit and retirement programs, will be explored. Designations: AB, AA, AR, ARS


BM102 - Risk Management for Residential General Contractors

8 hours

This course will provide a risk management approach to the most common property and liability exposures facing the residential general contractor. A broad review of the major coverage's builders must have to protect their businesses will be covered. Those coverages include: general liability, workers compensation, builders rick, and auto. Other items discussed will include: contractor tools, office contents, and bonds. This wil be a practical approach on how to access these risks and how to insure them or pass them along to others.


BM103 - Basic Accounting for Builders

4 hours

This course will start at the beginning with the basic concept of debits and credits and proceed to develop an understanding of how accounting records are structured and how the records flow into financial statements (balance sheet, income statement, cash flow statement, etc.). Methods of constructing job cost systems, preparing cost budgets, and analyzing cash flow by job, as well as overall cash flow, will be explored. The basic concepts of implementing and setting up accounting software will be introduced.


BM104 - Construction Contracts and Preventive Law

8 hours

The course is designed to assist contractors in enjoying successful projects by avoiding conflicts and legal disputes through the use of comprehensive contracts. Participants will receive valuable information with respect to the essential elements of a contract and the essential provisions which should be addressed in construction contracts in order to avoid disputes. The potential rights, remedies, and liability of owners, contractors, subcontractors and suppliers will be examined, as well as, alternatives for dispute resolution.


BM105 - Enterprise Risk Management for Contractors

4 hours

Through recessions, downturns, or just plain hard times, business owners find themselves trying to figure out how to get out of bad times, or how to turn things around. This course will examine some of the common pitfalls of the construction business and the different management techniques to turn a company around. Every company goes through cycles where the skills learned in this course can be used as effective management tools.


BM106 - The Numbers Behind a Successful Remodeling Business

4 hours

Knowing your numbers is the first step in creating a successful remodeling business. First, this class will review the typical structure, function, and processes of a remodeling company. We will discuss overhead structure, profit and loss statements, and why it is nearly impossible to do both new construction and remodeling successfully. At the end of this class, you will be able to determine your overhead, your markup, and calculate, using numbers, what your yearly profit will be.


BM107 - Conflict: Climbing Out of the Muck of Change

4 hours

This course is designed for the management level employee. The course will help you confirm your employees’ buy-in to their tasks and commitment to their overall job performance. Some personal motivation techniques will be discussed to help you better understand and develop these skills, while learning about yourself and those around you. Understanding the principles taught and then applying them may lead to higher performance.


BM109 - Case Study of a Remodeling Company

4 hours

Students will get a solid understanding of a company’s background, using that information to analyze what issuesthe company is currently having. We will then create a game plan for success in sales, estimating, marketing, production and other key business categories. You will be able to use this process to analyze your own company to increase your efficiency and profitability.


BM110 - Accounting and Quickbooks for Builders

8 hours

BM110 Accounting and QuickBooks for Builders (8 Hours) Good building practices require good financial management and understanding basics of accounting. QuickBooks by Intuit has become the widely used software by small- to medium-sized builders as a financial management tool. However, QuickBooks has to be set up and used correctly for it to be an effective management tool. This class will cover the basics of accounting for builders with integration of QuickBooks. It will cover setup of general ledger accounts along with job cost tracking and estimating. Participants will walk through not only set-up, but also the daily management practices and use of the software, while learning basic accounting.


BM111 - UNconventional

4 hours

Explore the world of FHA, VA & USDA mortgage programs. Discover how these programs can be beneficial to home buyers. Debunk the myth that government mortgages add transaction risk to builders. Learn about specialty programs for senior citizens and disaster victims. Obtain an understanding of zero down payment rules and energy efficiency programs. Acquire knowledge about VA housing-related financial assistance programs for disabled veterans. Gain awareness of some seldom-known financing scenarios for veterans and service members. Designations: AB, AA, AR, ARS


BM112 - Licensure, Administrative Law, and Risk Management

2 hours

Students will become familiar with legal topics relevant to operating a contracting business in North Carolina. Students will be given statutory/regulatory information, as well as case law details, regarding each of the topics. After the class, students should understand the requirements of licensure, of obtaining and maintaining an eligible workforce, of maintaining a compliant safety program (including interaction with OSHA agencies), and the provisions and claims procedures for common construction insurance programs.


BM113 - The Importance of Financing

4 hours


BM201 - Basic Business Planning

4 hours

Just as you wouldn't start driving without directions or a road map to your destination, a business plan is critical to reaching your business goals. Learn how to create a business plan around which you can organize your priorities to ensure that you reach your goals.


BM202 - Mom, Pop & Uncle Joe- Building with Family

4 hours

“We are Family” may be an understatement or overstatement as the case may be for many small building companies. Whether by inheritance or by choice to partner up with a spouse, sibling, parent or other family member, family-owned businesses have unique “opportunities” for things to either work or go sour. Most employee management classes teach skills and best practices for managing non-related employees. This course will uncover some of the unique circumstances of accountability and responsibility for working together as a “family.” Participants will learn skills and knowledge for keeping family matters in the family and business in the business. From managing relatives to having your relative as a boss, this class will look at all aspects of managing the family owned business. Designations: AB, AA, AR, ARS


BM203 - Borrowing Bucks for Builders

8 hours

This course highlights ADC – acquisition, development, construction and permanent lending. Participants will receive valuable information with respect to working with banks, laws governing construction financing, current lending practices, the ins and outs of obtaining construction loans and alternative financing. In addition, there will be an in depth look at permanent financing as well as, acquisition and development financing.


BM204 - Can Your Business Survive a Construction Defect Claim

4 hours

This course deals specifically with coverage and risk management challenges of construction defect claims.


BM205 - The Faces of Survival

8 hours

This course is designed to give practical information and tidbits on facing the current economic crunch in the building industry today. Participants will learn ways of diversifying to keep cash flowing; methods and criteria for negotiating with lenders and/or creditors; and protecting your cash and assets. Attention will be given to looking at various workout alternatives including short sells, foreclosures, and even bankruptcy as a last resort. The bottom line for this course is to aid participants in how to survive and face the current challenges in today’s economy.


BM206 - Remodeling: The Bad and the Good Strategies for Success

4 hours

This course will look first at some of the mistakes remodeling companies make and discuss the consequences of these mistakes. After we have the negative ideas out of the way, we will concentrate on the successful tactics of many remodeling companies. Students will review and discuss various remodeling benchmarks to which a company can strive.


BM207 - Latest Updates in Lien Law Changes and Residential Litigation

4 hours

course. We will address all current laws relating to the filing and perfecting of mechanic's liens for construction debts in North Carolina, as well as specific developments to those laws during the 2013 session of the North Carolina General Assembly. In addition, the course will provide attendees with updates regarding other aspects of residential construction litigation, including developments affecting statutes of limitation and repose, contract clauses, and insurance and defect cases.


BM209 - The Anatomy of a Remodeling Project

4 hours

Using real life experiences, we will discuss in detail each step a remodeling company goes through, such as getting the phone to ring, discussing the initial client meeting, reviewing the sales process, pricing the project, making the presentation to the client, construction of the project, and, finally a discussion on client follow up after the project is completed. You will gain valuable tools and ideas on how to improve your entire remodeling construction process. which is vastly different from the new home construction process.


BM210 - Best Practices for Hiring and Jobsite Safety Training

4 hours

Over half of work comp claims come from workers in the first year of employment. Builders Mutual brings you WorkSafe 101 which provides you the tools and training you need to hire the best and keep them safe. During this course you will learn to 1) understand why hiring and new hire training are so important, 2) recognize costs associated with workplace injuries, 3) gain valuable interview and hiring tips, 4) learn how to train your workers to recognize & avoid jobsite hazards and protect others from harm, and 5) increase accountability with checklists and acknowledgement forms.


BM211 - Best Hiring Practices for the Construction Industry

2 hours

It is often said that employees can make you, or break you. This has never been truer than it is today. Since the Great Recession, we have been trying to staff our companies in the midst of a severe labor shortage; while our experienced leaders are retiring, the next generation (Gen Y) only wants to work in IT (Information Technology). In todays class, we are going to learn to: •Advertise right for the position •Screen the applicants to save time •Set the appropriate expectations •Train the new hire for optimal performance


BM212 - Exit Strategy

2 hours

The truth is that everyone exits their business at some point, whether by choice or through circumstance. Alarmingly, it's estimated that 55% of business exits are unplanned in timing due to extenuating circumstances. The question is not if we will exit; rather, the questions are when, how, and whether our exit will achieve the objectives -we desire. The concept of legacy as a business planning tool is a timeless principle that if planned and executed well can result in a successful leadership transition that preserves the integrity of one's business into the future and ultimately their legacy. The course presents three overarching methods to consider when approaching exit planning (Le.family succession, internal sales or transfers, and third-party sales) and identifies resources available to facilitate each.


BM213 - Financial Statements and Commitment Letters

2 hours


BM301 - Long Range Business Planning

4 hours

Learn how to plan your strategy for company direction and growth over the next 10 years.


BM303 - Managing by the Numbers

4 hours

When it comes to the bottom line, the numbers tell everything. Participants should come to this class with their company financials, ready to discuss and learn from each other. Key financial rations and benchmarks will be addressed along with the number one quesiton everyone wants to know the answer to, "How much can I make?"


BM304 - Retirement Planning

4 hours

This course will help you begin to make the retirement preparations that will meet your needs, based on answering two questions: How much money will you need, and where will that money come from? You will also be educated about your estate planning options and shown some powerful, proven strategies you can use to make sure your heirs receive the estate you intend.


BM305 - Picking Up the Pieces

4 hours

Through recessions, downturns, or just plain hard times, business owners find themselves trying to figure out how to get out of bad times, or how to turn things around. This course will examine some of the common pitfalls of the construction business and the different management techniques to turn a company around. Every company goes through cycles where the skills learned in this course can be used as effective management tools.


BM306 - Getting What You Want: Negotiating for Builders & Remodelers

8 hours

This builder/remodeler-only course is focused on teaching participants the necessary skills to get the most out of bidding/selling experience, whether with a trade contractor or a potential homeowner. When applied in the field, the builder/remodeler will experience success without bleeding the associate dry, or having the potential homeowner disgruntled, as the contractor’s blood pressure remains normal.


Join Contractors Across NC

By attending NCBI classes you will not only gain valuable information to further your business, but you will also have the opportunity to meet and network with other industry professionals experiencing the same challenges in today’s marketplace.
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