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A Class Act

Whether in an MBA program or an online course, hitting the books can help you stay on top.

This story appears in the December 2004 issue of Entrepreneur. Subscribe »

Ronn Torossian can't really complain. His company, 5W Public Relations, hasgrown to $3 million since he founded it in January 2003, and heexpects to double his staff of 25 in the next three to six months.But all this success has him a little worried about the future."My fear is that as we grow, I won't know how to do itproperly," says the 30-year-old CEO. "I feel like I havea handle on things now, but if we double in size, at that point youcan't just shoot from the hip."

Indeed, as Torossian's business has grown, so, too, has thecomplexity of its real estate bills, payroll, taxes and otherfinance issues. Increased regulation and more onerous reportingrequirements have also made finance a much more complicated animalin general. Which is why Torossian, who bailed on an MBA programseven years ago after two weeks of classes, is thinking aboutheading back to school this summer to learn some of the basics infinance, accounting and economics.

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