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Q: I wish to protect myself from an employee soliciting my clients after that person leaves. Should I require the employee to sign a non-compete agreement?
A: On April 23, 2024, the Federal Trade Commission (FTC) announced its Final Non-Compete Clause Rule (“Final Rule”), which bans post-employment non-compete clauses between employers and their workers. The Final Rule becomes effective 120 days after being published in the Federal Register. The Final Rule was published in the Federal Register and the effective date is September 4, 2024.
Under the FTC’s new rule, existing non-competes for the
QUESTION: I am in a position of authority that requires me to make hard decisions that directly influence the success of our business. My fear of making a wrong decision causes me to procrastinate. What do you suggest?
ANSWER: It has been said that a bad decision is better than no decision at all. While this may sound counterintuitive, there are lessons to be learned from a decision gone wrong.
As the manager or owner of a business, it is your responsibility to steer the ship. Your employees and customers depend on you to make decisions.
Do not let yourself fall victim to “analysis