Planning and Launching New Businesses

Entrepreneurship has become a popular career path in developed and developing countries, a phenomenon that has contributed to the intense interest in the subject shown by researchers and policymakers around the world.  There are several important reasons for studying and understanding entrepreneurship.  First of all, entrepreneurship is central to the generation of economic growth since it drives the innovation and technical change required for growth to occur.  Second, entrepreneurial action has been cited as the means for balancing supply and demand in the marketplace.  Third, entrepreneurship has been praised as the process that facilitates the conversion of new knowledge and ideas into innovative products and services.  Finally, entrepreneurship is now widely viewed as a distinct vocational path that has been taken by hundreds of millions of people around the world and, as such, it is important and useful to gain a better understanding of the role that entrepreneurship plays in the development of human and intellectual capital.


Business Transactions Solution on Thomson Reuters Westlaw contains a transaction-based practice system for the life cycle of a business entity. Each transaction structures itself around a module design, including transaction summary, memorandum analysis, master forms needed to execute the transaction, commentary analyzing every clause or provision of the form, drafting and review checklists, and specialty forms. The unlimited-use subscription provides regular updates, including new master forms, commentary, checklists, and specialty forms.

Legal Compliance Checkups: Business Clients.  The questionnaire format of this multivolume work shows how to elicit answers, make a diagnosis, and recommend an efficient, safe course of action for your business clients. Each chapter provides business guidance in specific business activities, including forming contracts; buying and selling a business; franchising; operating in the global marketplace; counseling on insurance, pension, securities, and product liability issues; borrowing money; contracting with the government; and resolving patent, copyright, and trademark-related problems and issues. Topics include business organization, estate planning, labor relations, real estate, securities, patents, computer software, advertising warranties, environmental law, and transportation and distribution.  Features include showing how to assess the “legal health” of your clients and suggestions on how to apply the right remedies to legal pitfalls in your clients’ activities.

Business Counselor’s Law & Compliance Practice Manual offers in-house counsel, or outside counsel acting as the primary legal and compliance adviser to a company, a comprehensive set of materials on how to establish, manage, and grow the law and compliance function. You’ll benefit from the author’s insights based on over two decades of experience with internationally recognized law firms as a partner and senior counsel member. Topics covered include organizing and managing the law and compliance function; managing a company’s intellectual property rights; human resources; and international compliance issues. Other manual features include forms and checklists available in print and on CD-ROM.


Selecting Form of Business Entity

Estate Planning

Founders’ Relationships and Agreements

Strategic Planning

Leadership Styles and Practices

Management Styles and Practices

Organizational Design and Structure

Organizational Culture

ADDITIONAL RESOURCES (POWERED BY SUSTAINABLE ENTREPRENEURSHIP PROJECT)  The Sustainable Entrepreneurship Project engages in and promotes research, education and training activities relating to entrepreneurial ventures launched with the aspiration to create sustainable enterprises that achieve significant growth in scale and value creation through the development and commercialization of innovative products or services which form the basis for a successful international business.  The Project is also involved in collecting, analyzing and disseminating information about regional and national efforts around the world to support and expand sustainable entrepreneurship.  The Project has launched of its own portfolio of timely and practical information in the form of comprehensive libraries for sustainable entrepreneurs.  Libraries that are particularly relevant to planning and launching new businesses include the following:


West Legal Ed Center Click for list of all programs presented by the Institute on West Legal Ed Center.  Programs relating to Planning and Launching New Businesses include several videos prepared for the Beyond the Bar training initiative and the following webinars (available on demand):

Business Counselor Institute on West Legal Ed Center

  • Business Plans (11.2015)
  • Leadership (06.2015)

Beyond the Bar Training Programs

  • Launching a New Business
  • Business Plans
  • Founders’ Relationships and Agreements


Planning and Launching Businesses Articles from Business Counselor Institute

Planning and Launching Businesses Articles from Sustainable Entrepreneurship Project