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noncompete agreement Tagged Articles
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Three Ways an Applicant's Non-Compete Agreement Can Stop You Cold
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| There is some good news as we enter the first year of a new decade: some employers are cautiously beginning to add new employees as business begins a torturously slow climb back. But there is some not-so-good news as well: Many smart, qualified, potential employees are still subject to non-compete agreements with former employers. |
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Not Every Employer or Employee Needs a Non-Compete!
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| It is truly rewarding to write an article which foments discussion... and it doesn't matter whether we agree or disagree, simply that we talk about something which might be important to your business. However, the end result of a non-compete discussion should not necessarily be to foist one of these agreements on every employee. Rather, it should prompt you to think through which of your long-time key employees (or new hires) are in a position to harm your business if they leave tomorrow and join or open a competing company.
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Use Noncompete Agreements To Help Protect Your Business From
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| Renegade former employees riding the free enterprise wave is one reason noncompete agreements are gaining in popularity among employers who hope to use them to help protect their business from competitive threats launched by former employees. Many employers are now demanding that key employees sign noncompetes as a stipulation of employment. |
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Other noncompete agreement Related Articles
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Negotiating and Closing the Partnership Agreement
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| After the partner development work has been completed, and before the revenue starts rolling in, agreements that formalize a relationship between parties must be completed. If you have completed the last step in the partner development process—the technical due diligence—then this is a natural outcome. Believe it or not, fatal mistakes (the kind that cost you the company) are rarely made at the agreement phase. They are simply the most visible and costly. This article identifies the typical process followed to create an agreement, the players, their roles and tips on accelerating the agreement phase. |
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Sales Agreement
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| The sales agreement is the key document in buying the business assets or stock of a corporation. It is important to make sure the agreement is accurate and contains all the terms of the purchase. It would be a good idea to have an attorney review this document. It is in this agreement that you should define everything that you intent to purchase of the business, assets, customer lists, intellectual property, and goodwill. |
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Sales Agreement
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| The sales agreement is the key document in buying the business assets or stock of a corporation. It is important to make sure the agreement is accurate and contains all the terms of the purchase. It would be a good idea to have an attorney review this document. It is in this agreement that you should define everything that you intent to purchase of the business, assets, customer lists, intellectual property, and goodwill. |
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Sample Non Disclosure Agreement
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| An intermediary should always sign a confidentiality or non-disclosure agreement (NDA). It is a 1 to 5 page document that acknowledges you have sensitive information that if released could harm your business and it should not be shared. Venture capitalists, however, will not normally sign a confidentiality agreement. They see so many companies in the same industry that they cannot sign one agreement and risk not being able to invest in other potential good deals. |
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Franchise Agreements The Basics
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| What you need to look for when you want to start a franchise and are ready to sign the franchise agreement.
So you’ve taken all the appropriate steps; you’ve researched, asked questions, found out about the competition, scouted locations and lined everything up. Now it’s time to sit down and sign the franchise agreement. But before you do, there are several things you need to know. The franchise agreement will be the bedrock of your business, and success (or failure) may lie somewhere inside all those conditions and terms. A smart franchisee will read the franchise agreement very carefully, making sure they understand everything within it. Here are some of the most commonly misunderstood or potential problematic areas you need to be aware of: |
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Use Noncompete Agreements To Help Protect Your Business From
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| Renegade former employees riding the free enterprise wave is one reason noncompete agreements are gaining in popularity among employers who hope to use them to help protect their business from competitive threats launched by former employees. Many employers are now demanding that key employees sign noncompetes as a stipulation of employment. |
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Communication Categories - Which one are you
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| There is more to communication skills than just listening. Have you been in a meeting and there is an agreement on an issue but the person in agreement is saying yes yet has their hands folded and is nodding slightly? Or maybe you have not seen this because you are not aware of non verbal communication. |
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When selling a business - What is a Seller Earn Out?
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| An earn out is a kind of payment agreement that is often used in seller financing. With an earn out agreement, the seller usually receives part of the total purchase price upfront, and the additional funds in a certain duration of time. The terms of an earn out are usually included in the sales contract. The earn out may also be structured in many ways. Earn outs are usually complicated and legal consult is required to ensure that both parties are well served equally by the said agreement. The seller earn out may be used as the seller financed portion or perhaps an addition a seller note.
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Why Managed Services is Often the Best Deal You\'ll Never Know You Got
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| To some business owners, a managed services agreement can seem like a scheme cooked up by IT firms to increase our monthly revenue. It's easy to see why they think that way: Who wants to pay for something that they don't even know if they're going to need?
That viewpoint is common, but it also misses the point of the managed IT services agreement entirely. That's because the biggest benefits aren't to the IT company, but to the client. |
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What You Ought to Know Before Signing A Franchise Agreement
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| You have done your research and have chosen a franchise business opportunity. You like the business and want to go ahead...but there is a hurdle in between. The company has given you its franchise agreement template and wants you to sign the same and then get started with the business. You have a lengthy document with several clauses/sub clauses and are not sure of what to do. I have tried to make this simple for you and have given you certain standard guidelines of what to do and how companies look at this document and expect the prospective franchisees to respond. At the end of the document, you will also see what characteristically a good franchise agreement contract sample must have. Beyond that, you will understand the importance of the franchise agreement and how it protects you as much as it safe guards the franchisors interests. |
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