UT Law School Launches New Edition of Business Guide

KNOXVILLE — The University of Tennessee-s Clayton Center for Entrepreneurial Law has published a second edition of its popular handbook to help Tennessee entrepreneurs.

“Braving the Waters: Basic Survival Skills and Resources for Would-Be Entrepreneurs in Tennessee” was originally published in 1996 by UT law student Ann E. Sartwell as a research project for the newly established Clayton Center.

The new edition was published this spring by Jolyn Pope, a 2002 UT law graduate, as a special report in Transactions: the Tennessee Journal of Business Law, which is published twice yearly by UT business law students.

Clayton Center Director George W. Kuney said the update includes recent changes in Tennessee business laws, such as limited liability corporation statutes and revisions in the state-s Uniform Commercial Code.

“Budding entrepreneurs are really happy to have the pamphlet updated,” Kuney said. “Those who used it in the past loved it, but it was out of date. Now, they-ve got that resource back.

“One of its strengths is that it is short and undaunting. Someone could read through it in an evening and get a good overview of issues they should be looking at to start a business.”

The Clayton Center for Entrepreneurial Law was established in 1996 by a gift from James L. Clayton, a 1964 UT law graduate and CEO and Chairman of the Board of the Knoxville-based Clayton Homes Inc.

“We are really pleased that the center has produced this new edition of ‘Braving the Waters,'” George Hannye, director of the local Service Corps of Retired Executives, said. “It is a great resource for those thinking of starting their own business.”

Teri Brahams, director of Pellissippi State Technical Community College-s Tennessee Small Business Development Center and an editorial reviewer for the publication, said it “boils down the essentials that should be thought through by anyone trying a start-up venture. The resource references in the booklet are as complete as any that I have seen.”

“Braving the Waters” may be ordered from UT for $5 each, or $4 each for 10 or more. It also can be downloaded free from the center-s web site at: http://www.law.utk.edu/centers/entrep/business.htm.

For more information contact the UT College of Law at (865) 974-2500.