Understanding Non-Compete Agreements

Non-Compete Agreements are designed to give you the power to prohibit employees from engaging in business with competitors. However, the potential criteria and enforceability of these agreements can be hard to discern, leaving business owners with a lot of questions. Details on Non-Competes vary widely from state to state, so it’s important to know your state and local laws. Stick around to learn more about how to navigate Non-Compete Agreements.

In this episode, we’ll cover:

  • What is a Non-Compete Agreement

  • Whether freelancers or contractors can or should sign a Non-Compete

  • General criteria for a Non-Compete: time, location, and scope/industry

  • Why Non-Competes are hard to create and enforce

  • States that will non enforce a Non-Compete

  • Additional criteria you might find in state laws about Non-Competes

  • Alternatives to Non-Compete Agreements

Need guidance on a non-compete? Email me at [email protected].

What were your key takeaways? Take a screenshot of this episode, add it to your Instagram Stories, tag @andreasagerlaw and let me know! Plus, follow our brand new IG, @legalpreneur!

This episode is sponsored by The Contract Vault: 

With 90 contracts and counting, The Contract Vault is your all-access pass to industry-specific template contracts. Our contract templates are constantly being updated to reflect new changes in the law, ensuring that you and your business are fully protected.

Plus, members of The Contract Vault have access to our Members-Only Facebook Group, where each month I teach deep dives on important topics that you need to know to protect your business. Think of it as your Business Legal School.

Check out The Contract Vault here! Use promo code ‘PODCAST’ for a special discount.

Sign up for Legalpreneur Text Alerts

Text ‘PODCAST’ to 832.225.3164 to enroll in our Legalpreneur text alerts! You’ll receive alerts about new episodes, exclusive giveaways, and more. It also will allow you to chat 1-on-1 with me!

Links: 

Instagram

Website 

Facebook

Twitter 

Transcript

Disclaimer: 

The Legalpreneur Podcast is advertising/marketing material. It is not legal advice. Please consult with your attorney on these topics. Copyright Andrea Sager Law 2020

—-

Other Related Episodes

Episode 243 Creative Integrator with Jasmine Jonte

On today’s episode I am chatting with Jasmine Jonte. Jasmine is a course creator and online ghost writer. Her company JJ Coaching and Consulting works with experts, coaches and consultants that want to outsource their courses. Their number one goal is to create courses that are a true reflection of unique talent through a process that honors your uniqueness.

LISTEN NOW

In this episode I am taking it back to “Building a Wall of Protection” for your business. I am talking about contracts and how to build layers of protection for you and your business. It is always important to have contracts and to build contracts that cover all of the details of what you are providing in order to be as protected as possible.

LISTEN NOW

Today we have an important conversation because many companies are struggling. If you are struggling, know that you aren’t alone. It’s important to look at all of the ways you can get scrappy to maintain your business and ride this wave until you can grow again.

LISTEN NOW