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The Ins and Outs of Non-Compete Agreements

The Ins and Outs of Non-Compete Agreements

THE INS AND OUTS OF NON-COMPETE AGREEMENTS   While terminating an employee’s contract is never fun, it’s typically not too much of headache, so long as you have the proper safeguards in place. Non-compete agreements are a precaution many business owners put in place...

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The Fundamentals Of A Buy-Sell Agreement

The Fundamentals Of A Buy-Sell Agreement

A buy-sell agreement is essential to your company’s long-term security, and it’s important to understand the basics of how these types of agreements function. A buy-sell agreement is a legal document that specifies what happens to a business in the event of unexpected occurrences, such as the death or departure of an owner or partner. Let’s say for instance the co-owner of a business doesn’t want to be involved with a company anymore or is ready to retire. If the company has a validly executed buy-sell agreement in place, the price and and other terms of a buyout will be outlined by a binding contract. Such terms should include when a co-owner can sell their company shares, who is allowed to buy the shares, and how much the buyer will pay. If the company doesn’t have a buy-sell agreement, all of these variables are potential areas of dispute, which can lead to expensive and time-consuming legal battles.

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Which Seed Financing Instrument is Right for your Startup?

Which Seed Financing Instrument is Right for your Startup?

Whether it’s seed round, Series A or successive series, securing financing for a startup is an exciting, stressful and sometimes confusing process.  In addition to questions involving which type of investors to seek and how much capital to raise, one of the primary decisions is what financing instrument best meets the needs of the business.

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