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Gray areas in non-compete agreements?

Berkonomics

Last week we introduced the subject of non-compete agreements. Certainly, the buyer’s asset purchase documents included a non-compete clause, usually valid for two years from the date of the closing. Just separate confidentiality from non-compete, and obey the confidentiality clauses, which do not expire.

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Good riddance to non-competes

OnlyOnce

I love that the FTC just banned non-competes, as everyone expected they would. We started off at Return Path years ago with a standard and fairly benign non-compete because they were standard. Customer and employee non-solicits for a year – no problem. But by and large, I say good riddance to non-competes.

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Are you afraid of non-compete agreements?     

Berkonomics

Rules about non-compete agreements So, what are the rules about those pesky non-compete agreements signed upon your discharge, or upon the sale of your previous company? As I write this in late 2024, legislation is being proposed at the national level to eliminate non-competes. Realistic images.”

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How To Scale Your Startup Far Beyond Organic Growth

Startup Professionals Musings

Use external sourcing to fill in the non-critical gaps. Don’t use alliances for core competencies. Rather than push non-compete agreements on your superstars, it’s more productive to create incentive systems and creative ways for them to work more independently, just for you. Add basic partner contracts or alliances.

CTO Hire 330
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7 Reasons That Worker Empowerment Rules The Workplace

Startup Professionals Musings

The problem is particularly acute for middle-class, non-managerial, and exempt employees who don’t qualify for overtime pay under tightening labor laws, and high big-company expectations. Number of non-compete agreements is way down. Millions of folks need to find supplemental income to rebuild their eroded purchasing power.

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8 Tactics For Every Entrepreneur To Manage Technology

Startup Professionals Musings

Technology is so key to every business these days that experienced business-smart but non-tech entrepreneurs are feeling deeper and deeper in the hole. The non-technical leadership attributes of excellent communication skills, high integrity, passion, and perseverance are critical for the success of the whole team.

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Primary Problems with Enforcing Non-Compete Agreements

YoungUpstarts

Businesses often require employees to sign non-compete agreements to protect their business interests. However, just because an employee has signed a non-compete agreement does not make the agreement valid under the law. Non-Compete Time Period. by Yasir Billoo, partner at Golden & Grimes LLP.