The Detroit Free Press (Freep.com) has been following all of the developments at the National Summit this week in Detroit and posting the latest to their blog (See excerpt below). This morning the hot topic was the recent rise in entrepreneurship.
It is essential that new businesses have all of their ducks in a row so that they are protected personally from the debts and liabilities of their new ventures, they take the best advantage of tax laws, and so that they are prepared for future success.
We advise contacting an attorney, as opposed to going it alone. Demorest Law Firm, PLLC provides these services and can help you start your new company, and then help it to grow.
Excerpt from Freep.com Blog
11:42 a.m. | According to several business and academic leaders at the summit this morning, now is the time to start that business you’ve always dreamed about.
“Entrepreneurism is going to be the key to the economic recovery not just in this country but in the world,” James Turley, CEO of Ernst & Young LLP, declared at a town hall this morning.
Nearly a decade after the dot com bust, becoming your own boss is hip again.
Mary Sue Coleman, president of the University of Michigan, boasted to the audience that 15% or 6,000 of the students recently admitted to the school had started a business during high school.
“We’re in the perfect time in the history of this country to encourage this,” she said. “Let them loose.”
U-M now provides 100 courses that are in some way engaged in entrepreneurism, Coleman said.
What exactly does being entrepreneurial mean?
One panelist, Eva Chen, CEO of Internet security firm Trend Micro Inc., had the perfect Twitter-like response: “Using limited resources to create something that you want.”
By Katherine Yung
via Leader: Ford ready to compete | Freep.com | Detroit Free Press.
