By entering into a non-compete agreement, a person agrees not to work for another’s competition within a certain area for an allotted amount of time. How would this affect your income if you were to buy a business with a Covenant Not to Compete clause attached? As a business buyer, would it be cost effective to relocate to an area where business growth is more likely? As a business seller, how would you protect your trade secrets? ~Moderator Mel
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