Monday, August 6, 2012

Ten Non-Compete Issues to Consider When Buying a Business | Fisher & Phillips LLP - JDSupra

Ten Non-Compete Issues to Consider When Buying a Business | Fisher & Phillips LLP - JDSupra

1. Require a non-compete agreement
2. Be specific
3. Address key employees
4. Indetify value
5. Include an agreement not to recruit employees
6. Address assignability
7. Don’t undermine your protectable interests
8. Make sure agreements are between the appropriate parties
9. Protect confidential information
10. Draft agreements with teeth

For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.

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