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CONTACT: SHAWN PRESLEY
100 Old Public Library
Iowa City IA 52242
(319) 384-0011; fax (319) 384-0024
e-mail: shawn-presley@uiowa.edu

Release: Immediate

New instructor holds classes for small business entrepreneurs

IOWA CITY, Iowa -- New small business owners or those ready to start a new business will learn how to launch it and develop a feasibility plan for it during the University of Iowa's Fast Trac I session.

Sponsored by the John Pappajohn Entrepreneurial Center and the Small Business Development Center, the nine-week evening program runs March 4 through April 29 at the John Pappajohn Business Administration Building.

Bonnie Lindemann is the instructor for Fast Trac. She an adjunct business professor at the UI and served as an associate professor of economics and business administration at St. Ambrose University from 1992-1996. With a doctorate in business administration from the UI, Lindemann is founder and director of the Agricultural Decisionmaking Institute, a program that teaches farm financial management and computer skills to families in Iowa and Illinois.

Fast Trac's weekly sessions of lectures, workshops and guest speakers are held once a week from 6 to 9:30 p.m. with 10 hours of homework a week.

Lindemann stressed that Fast Trac isn't about text book learning but rather about networking and bringing a group of entrepreneurs together to learn from each other.

Topics covered will include feasibility plans, entry strategies, model businesses, the art of market research, market penetration, financials for the entrepreneur and debt vs. equity financing.

Registration is $300. For more information, contact the UI Small Business Development Center at 319-335-3742.

2/20/97