It’s important that you form your company before you start operating your business. Many entrepreneurs ask me how long it will take to form an LLC in North Carolina. The answer to this question is more complicated than it may appear. Starting a new business can be broken down into two separate, but related, parts: […]
About Justin Agans
Justin leads the Startup Law practice at Spengler & Agans. He works with startups, entrepreneurs, and local businesses throughout the Charlotte community. In addition to his background in the law, Justin has an M.B.A. with a focus on entrepreneurship and marketing strategy. Justin and Eric previously launched their own startup, which gives them a unique understanding of the challenges faced by entrepreneurs.
Entries by Justin Agans
Parts of this article were first published on Charlotte Agenda by Justin Agans. How Startups Raise Money As a business lawyer who works with startups every day, I regularly speak with entrepreneurs about raising capital. One of the recurring themes of those conversations is the question of how startups raise money. Charlotte has a growing startup scene, […]
Buy-sell agreements are important to have for any LLC that has more than one owner or member. While most companies that form new businesses will draft an operating agreement, that document only covers issues like the following: Who makes what type of decisions What is the degree of consensus needed for various types of decisions […]
Entrepreneurs, in Charlotte and everywhere else, may feel they have no choice but to borrow money from friends, family, or both. This article from the Charlotte observer does a nice job of highlighting some of the issues an entrepreneur should contemplate before considering family or friends as an option for business funding: 5 things to […]
New 2013-2014 Session Laws included an amendment and restatement of the North Carolina Limited Liability Company Act. For the full language, see below: PDF