What You Need to Know About Non-Compete Agreements for Your Employees
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A small business that has invested substantial resources in developing a product or a customer base could be devastated if its employees then go to work for a competitor down the street or set up their own competing business. A non-competition agreement is an important tool that could protect your business from former employees who […]
LLC Operating Agreement: Is a Non-Compete Clause Necessary?
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You and several friends start a new business and operate it as a limited liability company (LLC). Now that you’ve completed the first step—choosing a business entity—it is essential to prepare an operating agreement. The operating agreement is a contract that governs the operations of the LLC and sets forth the arrangements made among the […]