Doesn’t this negatively affect the value of businesses? Why is someone going to

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Apr 23, 2024
2:07:41pm

Iman23 Intervention Needed

Buy your business, if he knows you will go out tomorrow and compete against him?

He will pay less for your business.

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Iman23

Bio page: Iman23
Joined: Jan 18, 2008
Last login: May 3, 2024
Total posts: 42,596 (2,721 FO)

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Messages

Author

Time

So the FTC just banned non competes? What does this mean?

HingleMcCringleberry

Apr 23, 1:51pm

Love it. So abused in medicine.

cougfanz

Apr 23, 1:59pm

In 2019, I had a job offer w/ a huge non-compete clause...

robear16

Apr 23, 2:16pm

Makes my life much harder and easier all at the same time now in Med device world.

COUGZ

Apr 23, 2:17pm

Engineering too. Non-competes are just a way for bad business owners and

Mitty

Apr 24, 6:45pm

Wow, really? Very interesting.

NumbersGuy

Apr 23, 1:59pm

Doesn’t this negatively affect the value of businesses? Why is someone going to

Iman23

Apr 23, 2:07pm

Looks like “senior executives” are the only exemptions. So I guess it depends

cougfanz

Apr 23, 2:14pm

Sounds messy

Longseason

Apr 23, 2:17pm

it says it doesn't apply to non-competes pursuant to a bona fide sale of a biz

riboflavin

Apr 23, 2:21pm

Non-compete on business sales are not the problem. Non-competes for "typical"

Disco Lemonade

Apr 23, 2:55pm

I think it said all current noncompetes are void (almost all)

Julius Pepperwood

Apr 23, 2:14pm

As an agent for a captive insurance company I do not have a non compete but a do

Ycrazy

Apr 23, 2:32pm

non competes are a joke unless you are C level person and even there its hard to enforce

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