As a business owner, losing your competitive edge is a serious concern. The fear of losing valuable employees to competitors is a serious problem for many other businesses. To mitigate this, employers should consider an Employee Non-Compete Agreement. In this post, we will help you understand what an Employee Non-Compete Agreement is, the benefits of its use, how to set …
Who Qualifies as a “Worker” Under the FTC Non-Compete Clause Ban
When the Federal Trade Commission (FTC) released its final ruling on the ban of non-compete clauses, it provided a comprehensive definition of what constitutes a “worker.” This definition is crucial for employers, HR executives, small business owners, and anyone who might need to consult an attorney on these matters. This article will break down the FTC’s definition of “worker,” the …
Non-Competes and Franchise Agreements in New Mexico
I cannot tell you how many franchisees I know come to me a couple years after having signed an agreement desperate to get out of it. Franchisors love to make fantastic promises about growth and potential, but when you look at the fine print, what you’ll learn is they place all the risk on the franchisee – and make it …