About This Book
The NASCLA Contractors Guide to Business, Law and Project Management, Maryland Home Improvement Commission, 7th Edition is the official reference manual and exam preparation textbook approved for candidates sitting for the Maryland Home Improvement Commission (MHIC) licensing examination, administered by PSI Services.
Book Structure and Content
The guide is divided into four distinct parts, each designed to help contractors build and manage a legally compliant business:
- Part 1: Exam preparation covering licensing rules, estimating, employee management, lien laws, and safety and environmental responsibilities.
- Part 2: Step-by-step instructions, sample forms, and fee guidelines for completing the home improvement licensing application.
- Part 3: Core topics including business structure selection, management skills, insurance options, and marketing strategies.
- Part 4: Operational essentials such as business planning, scheduling, project management, subcontractor relationships, financial management, and taxes.
Exam Use
Because the MHIC examination is typically open-book, many candidates purchase pre-printed index tabs to mark key chapters, allowing for quick and efficient navigation during the test.
Publication
The guide is published by the National Association of State Contractors Licensing Agencies (NASCLA) and is specifically aligned with Maryland home improvement statutes.
Practice Tests Using This Book
This book is required or recommended for 1 licensing exam. We've written 214 practice questions directly from this material, each one citing the chapter and section it comes from.