Having your "ducks in a row" is absolutely critical when running a business. If you aren't handling important issues in a timely manner, or if your documents lack the compliance and completeness that they need to be enforceable, then your company could be at risk. We could write pages and pages on this topic, but today we're just going to look at a small piece of what we are talking about. Today, let's talk about non-competition agreements.
Many companies make their new employees sign non-competition agreements when they are hired. These contracts tell the employee that they are forbidden from revealing trade secrets and company information to competitors and other companies. In exchange, the individual is given employment.