Southeastern NEWS

                                                       Southeastern Louisiana University
                                           Public Information Office
                                           SLU 880, Hammond, LA 70402
                                           504/549-2341/fax 504-549-2061
                                           publicinfo@selu.edu
                                           www.selu.edu/NewsEvents
    Date: 1/29/97
      Contact:                           Christina Chapple  119

SLU SBDC OFFERS SEMINAR ON "UNDERSTANDING FINANCIAL STATEMENTS"
     HAMMOND -- Southeastern Louisiana University's Small Business Development Center
will offer a seminar for small businesses on "Understanding Financial Statements" Feb. 4 and the SLU
University Center.
     The seminar is scheduled for 8:30-11:30 a.m. and will cost $20, $10 for each additional
person from the same company. 
     "This seminar is designed to give small business owners and managers a clear understanding
of their financial statements, enabling them to use these statements as management tools," said SBDC
Training Coordinator Dedra Fourmaux. "Many of the small businesses we see in our office only use
their financial statements for income tax purpose, but a business financial statement can serve as an
important management tool in make business decisions."
     Seminar participants will learn to read and interpret balance sheets, income statements and
cash flow statements. They also will learn to use key business ratios to see how their business
operations compare to industry averages.
      Seating is limited and reservations will be taken on a first come-first serve basis. Participants
will receive handouts and refreshments. To make a reservation, call Fourmaux at 549-3831.
                                 - SLU -
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