23 November 1992 Lincoln Seminar Will Offer Keys to Small Business Success

Budding business operators will have a chance to explore all the ins and outs of setting up and running small and medium sized business ventures at a seminar at Lincoln University this Saturday. (28 Nov.)

Trust Bank Canterbury's Visiting Professor of Finance, Allan Young of New York, is guest speaker at the all-day seminar and he brings to it wide international experience in entrepreneurship, the management of capital and the measurement of free market business success.

Professor Young, who early in his career was a Wall Street financial analyst and is now Professor of Finance at Syracuse University, New York, has recently been in Eastern Europe working with the emerging market-led economies in Hungary, Poland, Yugoslavia and elsewhere.

Among the messages he will be stressing is the importance of obtaining long-term capital in order to maintain buoyancy in the difficult early years of business operations.

The seminar will be chaired by the head of Lincoln's Accounting and Valuation Department, Professor David Goodwin.

In addition to Trust Bank Canterbury and Lincoln University, co-sponsors of the seminar are Small Business New Zealand and the NZ Society of Accountants.

Endorsing the seminar, Trust Bank Canterbury's general manager Richard Bray says he believes that the economic recovery in New Zealand will be led by small and medium sized businesses.

Ian Collins, Journalist, Lincoln University, Canterbury, New Zealand.