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Class Is in Session

Even the most seasoned executives can benefit from business classes.

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This story appears in the June 2006 issue of Start Up.

When W. David Hellyer, 50, took the plunge into in 2004, he had a bachelor's degree in administration and as well as 26 years of experience in corporate , including many years as the general manager of a manufacturing company. Yet one of his first moves after co-founding Kadat Partners LLC in Pinegrove Mills, , was to contact the Penn State Small Business Development Center office and sign up for its basic business classes.

Why in the world would such a clearly talented, experienced and successful businessman spend time studying business basics at that point in his career? "I ran a corporate business, but a lot of things were done automatically for me," says Hellyer, whose company operates three Comfort Keepers franchises, providing non-medical in-home care for older adults. The company had nearly $1 million in revenue for 2005. "For instance, I didn't truly understand P&L statements vs. cash flow statements, because I had financial people who worried about those things for me. All I had to worry about was the manufacturing end. The SBDC classes were very useful, because they empower you and put you in control of your own destiny."

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