General Advice

What Does the FTC Non-Compete Rule Mean for Your Business?

The Rule. As you may have heard, on Tuesday, the Federal Trade Commission published the Non-Compete Rule prohibiting entry, threat of enforcement, and enforcement of non-compete agreements with all employees and contractors except for existing agreements with ‘Senior Executives.’  The rule also requires employers with existing employee or contractor non-compete agreements to provide written notice

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The Letter of Intent is Not Binding. So, we can negotiate later, right?

The first step in selling a business or firm is often a letter of intent (LOI). Many sellers see this as a document of no significance that should be signed right away because the ‘real’ transaction will be negotiated later. This isn’t correct. Instead, the LOI sets the key terms and conditions for the transaction

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How to Apply for Vital SBA PPP & Economic Disaster Loans

Update April 27, 2020: PPP Loan Applications Reopen Both the Economic Injury Disaster Loan and Paycheck Protection Program hit funding caps on Thursday, April 16, at which point they stopped processing applications. On April 24, a $484-billion funding package was passed to inject additional funds into both programs. Applications reopened for PPP loans on April

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