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FOR IMMEDIATE RELEASE
April 6, 2004
CONTACT: Tom McLaughlin
Office of University Relations
908-737-NEWS (6397)
E-mail: tmclaugh@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 workshop, titled How to Buy a Business or Franchise, on Tuesday, May 11, from 9 a.m. to 11:30 a.m. at the Star Opportunity Center, Second Floor Rex Plex, 1001 Ikea Drive, Elizabeth, N.J.

This seminar, conducted by Jack Armstrong, president of Franchise Network of New Jersey in Metuchen, 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 sponsored by the Union County Department of Human Services.

Special arrangements for people with disabilities can be made upon request. There is a fee of $15 per person or $20 for two, which includes literature and refreshments. Be sure to bring business cards and brochures for networking purposes. For further information or to register for the workshop, please contact Tyra Addison at (908) 737-5950.