Being your own boss and running your own business is the American dream for many of us. While building a business from the ground up can be stressful, it can also be incredibly rewarding.
Our post last week focused on non-compete agreements. If you are a business owner and will be hiring employees, there are many benefits to including a non-compete agreement in your employment contracts. But as we mentioned earlier, these agreements are not always enforceable if they are not structured in a certain way.
Non-compete agreements have become a standard clause in many employment contracts these days. While these agreements are vital to protecting a company's trade secrets, customer lists and intellectual property, non-competes are also finding their way into employment contracts where they are simply not needed (menial jobs like working at a sandwich shop, for instance).