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Insights on Essential Legal and Financial Services for the E​ntrepreneur

October 13, 2010
Faculty Lead: Trip Davis

Entrepreneurs face numerous challenges in the early stages of building a business. Many of the most important decisions relate to legal and accounting matters – the formative steps in the development of a new venture – including:  

  • Form of legal entity 
  • Split of ownership and capitalization 
  • Structure of agreements and contracts 
  • Parameters for partnership 
  • Terms for financing 
The quality of these decisions can make or break a new venture. When ignored or done poorly, they create dead-ends and costly changes in the future; when done well, they can set the stage for success.

The “Insights on Essential Legal and Financial Services for the Entrepreneur” panel brought together students, educators, entrepreneurs, service practitioners, and executives to discuss critical decisions and resources related to starting, forming, funding and growing a new venture. The panel, along with its moderator, included successful technology executives and world-class legal and accounting professionals with extensive experience helping entrepreneurs sort through the maze of issues. They shared their practical insights, lessons learned, and costly mistakes. 


Gary Wallace (McIntire '85, MS in Accounting '86), Partner and Tax Principal, Keiter Stephens
Spencer Williamson, CEO, Intelliject Inc.
Wayne Zell (McIntire '80), Managing Partner, Zell Law
Trip Davis, Panel Moderator, Lecturer, McIntire School of Commerce, Co-Founder and Chairman, TRX Inc.