Contact: Judy Iannaccone Director, Communications Phone: (714) 480-7503 E-mail: iannaccone_judy@rsccd.org June 14, 2007 FOR IMMEDIATE RELEASE OC Small Business Development Center Offers Seminar: “Financial Essentials for Successful Businesses” (Santa Ana)—Nearly 60 percent of all business owners say that lack of capital is one of their key reasons for struggling, or even failing, according to Dunn and Bradstreet Fluctuating market conditions, aggressive competition, pricing pressures and rising costs can put a strain on the financial health of any organization For small business owners, it is especially critical to maintain adequate cash flow, particularly when establishing credit lines and vendor relationships The Orange County Small Business Development Center (OCSBDC) presents on Thursday, June 28, 6:00 p.m to 8:30 p.m “Financial Essentials for Successful Businesses,” a seminar at which attendees will learn how to make an assessment of their company’s financial health by using proven techniques The seminar, to be held at the Rancho Santiago Community College District, 2323 N Broadway, Room 107, in Santa Ana, brings together a wealth of practical information from a distinguished panel of bankers and financial advisors Attendees will walk away understanding how best to address their company’s financial needs There is a $25 fee for attendance Presenters include OCSBDC consultants Danielle Hewitt, CPA, and Pilar Jacobs, as well as a panel of experts comprising Michael Taylor, assistant vice president, Wells Fargo; Tricia Cruz, vice president, Desert Community Bank, and Armen Balian, vice president, BLX “Attendees will leave this seminar with practical information they can put to use immediately, whether they need financing or better financial and cash flow management systems,” says Hewitt “In addition, participants can add our panel of experts to their contact lists and tap into their expertise, as needed in the future.” For more information or to register for the “Financial Essentials for Successful Businesses” workshop, call (714) 564-5200 or visit www.ocsbdc.com -more2-2-2 About the Orange County Small Business Development Center The Orange County Small Business Development Center (OCSBDC), an economic program of Rancho Santiago Community College District, is partially supported by the U.S Small Business Administration (SBA, the California State University, Fullerton and the California Community College Chancellor’s Office The OCSBDC is a one-stop source for business planning, business development, international business resources, education and training, loan assistance and expansion strategies About the Rancho Santiago Community College District The mission of the Rancho Santiago Community College District (RSCCD) is to respond to the educational needs of an ever-changing community and to provide programs and services that reflect academic excellence Santa Ana College and Santiago Canyon College are public community colleges of RSCCD, which serve the residents of Anaheim Hills, East Garden Grove, Irvine, Orange, Santa Ana, Tustin and Villa Park Both colleges provide education for academic transfer and careers, courses for personal and professional development, customized training for business and industry, and programs to train nurses, firefighters and law enforcement personnel ###