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McCann Shares Insights on Startups’ Common Pitfalls

Spencer Fane partner Mike McCann was recently interviewed by the Kansas City Business Journal to discuss common legal concerns that entrepreneurs should be wary of when starting a business.

The article mentions that McCann “often spends time with entrepreneurs who didn’t seek advice and end up stuck in one of several common pitfalls.” McCann goes on to discuss the four common traps for the unwary startup: Choosing a legal entity, partnering up, fundraising, and nondisclosures.

Read the full Kansas City Business Journal article here.

As chair of the firm’s Corporate Practice Group, McCann has represented some of the nation’s most prominent companies through important business decisions, including mergers and acquisitions. He also serves as outside general counsel to a number of companies, helping them with their day-to-day matters, including drafting and reviewing contracts, risk avoidance, resolving disputes and other general business advice. He has been repeatedly recognized by Missouri & Kansas Super Lawyers and was named “Best of the Bar” by the Kansas City Business Journal.