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FOR IMMEDIATE RELEASE
June 18, 2003
CONTACT: Tom McLaughlin
Office of University Relations
908-737-NEWS (6397)
E-mail: news@kean.edu

Kean University Offers Workshop on How to Buy a Business or Franchise

UNION, N.J. – The Small Business Development Center of Kean University will present a free workshop titled How to Buy a Business or Franchise, on Thursday, July 24, from 9 a.m. to 11:30 a.m. at the Community Education Center, 209 W. Second Street, Plainfield, N.J.

This seminar, conducted by Jack Armstrong, president of Franchise Network of New Jersey, Linden and Lawrenceville, N.J., will focus on how to get into business by starting from scratch, or buying an existing business or franchise. It will help prospective business owners determine which is the better path for their needs; how to select a business that provides them with income; how to conduct research on companies before putting any money down; and the key issues in negotiations, dealing with landlords, banks, vendors and employees. It will also cover investment ranges, sources of financing for your investment and the tools to use in finding what business or franchises are for sale.

This workshop is co-sponsored by United Trust Bank, Plainfield. Special arrangements for people with disabilities can be made upon request. Be sure to bring business cards and brochures for networking purposes.

For further information or to register for the workshop, please contact Irene Schmidt at (908) 737-5950.