Episode 3 - License Lending
Video from NCLBGC. Watch on YouTube.
What you'll get
Ryan Cody and Joel Macon, hosts of the general contractors board's own podcast, explain license lending, meaning letting someone else use your license to pull a permit, with examples such as an owner-builder who hands the permit to a friend before selling the house, and they name suspension or revocation as the risk. They also cover trading under a name that is not on your license: file an assumed name with your county register of deeds, send it to the board, and use the name printed on your certificate.
Do this week
Write down the exact business name you will use on your license application and check that your contracts, invoices and permit forms show it, filing an assumed business name certificate if you trade under another.