The four stages of a business cycle. Depending on whom you speak to, the four stages of a business cycle are as follows: 1. The recovery phase or upswing. This is a phase where the economy âtroughsâ out. As the economy recovers from a recession, businesses start building up their stock levels in anticipation of increased sales.
1 Complete 90 hours of pre-licensing education. 2  Not have been convicted of a felony or a crime involving moral turpitude. 3  Not have had a real estate application or license rejected or revoked in any state within the past two years. Show proof of high school graduation or GED. 2  Not have been convicted of a felony or a crime involving moral turpitude. 3  Not have had a real estate application or license rejected or revoked in any state within the past two years.
You can renew your license up to 90 days before your expiration date online or over the counter. If you have a valid email address on your personal page online, you will receive a 90, 60, and 30 day renewal reminder.o be eligible to renew your real estate license, all agents must complete a minimum of 24 credit hours of Arizona Department of Real Estate approved continuing education (CE) courses EVERY 24 months.