Submitted by andrewhumphrey1 on Mon, 06/14/2010 – 11:58am.
The attendees were Helen Fu, Betsy Spratt, and Daniel Wallace.
Helen expressed her legal background, and Andrew asked here what the legal side of starting a business entailed. Helen responded by stating the use of counsel to create or to review bylaws, privacy statements, releases, etc. Attorneys can also provide advice on how to set up LLC’s or equivalent entities to protect individual entrepreneurs personally.
Betsy mentioned the entrepreneurship program/course she is taking. It is at Wayne State University and is called FastTrac.
Daniel said he had experience in the communications department of Chrysler Financial Services. He witnessed the funding of start-ups first hand, but wanted to learn more.
Finally, all of us joined the “Incubating a Start-Up” conversation (Session B).