Non-solicitation, non-competition, non-disclosure Agreements: You need all 3 – Part I
You’ve worked hard – very hard – to build a successful construction business. You’ve developed an approach and management style that distinguish you from your competition. You have a solid customer base and great sales. And you have a number of key employees who have learned your system and who excel at customer service. All good news, but do you also have the right agreements in place to protect these business assets when a key employee decides to leave you?
You need to put in place non-solicitation, non-competition and non-disclosure agreements – all 3 may appear similar, but they actually accomplish quite different goals.
Look for next week’s post where we’ll provide more information on why you need all 3 to protect your business resources.