Feb. 19, 2004


LEWISBURG, Pa. — The Small Business Development Center at Bucknell University will offer the seminar, "Basic Financial Statement Preparation and Analysis for Small Retail and Service Businesses" Monday, March 15, from 9 a.m. to noon in Room 256 of the Elaine Langone Center at Bucknell.

The cost for this seminar is $20 and includes a networking luncheon. Seating is limited and registration is required. To register, call 570-577-1249; email SBDC@bucknell.edu; or online at http://www.bucknell.edu/script/sbdc/Seminars.asp

SBDC staff members Maureen Hauck, assistant director for business consulting, and Anthony Kidd, business analyst, will host the seminar which is aimed at small business owners and managers responsible for managing financial statements.

Topics include: preparation of income statements, balance sheets, and cash flow statements; relationship between the financial statements; using financial statements to analyze business results; cash vs. accrual basis of accounting; and personal and business use assets.

With the Bucknell SBDC since 2000, Hauck brings over 20 years of business experience including retail management, marketing, advertising, salesmanship and personnel management to her position as assistant director for business consulting. A graduate of Bloomsburg, she holds degrees in business administration and secondary education.

Kidd, who joined the SBDC staff in 2002, holds a degree in accounting from the University of South Alabama. A member of the American Institute of Certified Public Accountants since 1980, he has more than 20 years experience in financial analysis.

Located in the Dana Engineering Building, the Bucknell SBDC provides free small business consulting services to residents of Juniata, Mifflin, Montour, Perry, Snyder and Union Counties. To request free business consulting services, complete the online request at http://www.bucknell.edu/sbdc/servicesrequest.html

Created in 1978, it has assisted in creating or retaining nearly 3,000 jobs and helping nearly 4,700 clients. With the exception of seminars, counseling services provided by the SBDC are free. Funding is received from the U.S. Small Business Administration, the Commonwealth of Pennsylvania and Bucknell University.

In addition to SBDC staff consultants, Bucknell faculty, staff and student interns provide counseling services for small businesses. Areas of assistance provided by the SBDC include: accounting and record keeping; business startup procedures; business plan development; e-commerce; financial analysis; human resources; marketing and sales; product development; OSHA requirements; and environmental management.

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