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 209: How to Structure a Partnership

Are you thinking of going into a partnership? If so, I highly recommend you listen to this episode before you jump in. Are you currently in a partnership? This is the episode for you. I am passionate about protecting you and your partners! So listen all the way to through for some sound advice.

LISTEN NOW
Episode 208 All About Credit Card Rewards

Are you utilizing credit cards to your advantage? Did you know that you can earn points and rewards that can benefit you and your business? If not, you should! And I am linking some of my favorites below for you to check out.

LISTEN NOW
Episode 207 Miss Jordan Soul Activator

Miss Jordan’s mission is to awaken you to understand deeply who you are and to help you express your essence. It isn’t about becoming, you already have everything inside of you. She is here to connect you to the highest version of yourself led by the truth of your soul. Are you ready for the journey?

LISTEN NOW