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Contact: Thomas McLaughlin

Kean University Offers Workshop on Buying a Business or Franchise

UNION, N.J. The Small Business Development Center of Kean University will present a free workshop, titled Buying a Business or Franchise, on Wednesday, May 7, from 6 p.m. to 8 p.m. at the Scotch Plains Public Library, located at 1927 Bartle Avenue in Scotch Plains, 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.

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 the Small Business Development Center at (908) 737-4220.