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non-competition

What You Need to Know About Non-Compete Agreements for Your Employees

By |2019-08-06T15:59:29-07:00August 6th, 2019|Business Planning, Employment, Financial|

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 [...]

LLC Operating Agreement: Is a Non-Compete Clause Necessary?

By |2019-03-04T14:56:22-08:00March 9th, 2019|Business Planning, Limited Liability Company (LLC)|

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 now important to prepare an operating agreement. The operating agreement is a contract which governs the operations of the LLC and sets forth the arrangements made [...]