ICE Meeting: Top 10 Challenges for Entrepreneurs

Date: January 11, 2011

J.V. Anderton, Attorney with the Loomis Law Firm

At the January meeting, several Greater Lansing-area professionals were present to share ideas and learn about the "Top 10 Challenges for Entrepreneurs." J.V. Anderton identified the most common legal challenges for entrepreneurs starting a business, including:

  1. Choice of Entity;
  2. Organizational Documents;
  3. Recordkeeping Failures;
  4. Applicable Regulations;
  5. Contracts with Customers and Vendors;
  6. Employees;
  7. Securities Laws;
  8. Intellectual Property;
  9. The Exit; and 
  10. Procrastination.

He then offered advice on how to avoid many of these legal challenges through proper education and planning by the entrepreneur. His presentation provides more details about each challenge.

There was group participation, an ICE-breaker activity and ample time for networking and exchanging ideas at the meeting.


Be sure to mark your calendars, for the next ICE Meeting on Tuesday, February 8, 2011, from 6pm-8pm in the MSU Union-Heritage Lower lounge in East Lansing. The guest speaker is "Moment-to-Moment" Blogger Dr. Russ Buss, who will speak about the "the Optimistic Entrepreneur."

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