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Florida Businesses that need Non-Compete Agreements
April 29, 2022
Florida Companies That Need Non-Compete Agreements
Different businesses and industries can benefit from non-compete agreements. The legal protection isn’t just limited to the tech world with programs and software secrets to protect. In fact, just about any company with a client list, product design, sensitive information, confidential data, and advantageous contracts or products should be using non-compete agreements.
The Value Crosses Company Type Categories
Name a company, and there was probably a lot of time, effort, and even money invested in training a new employee to be effective and productive. That includes knowledge gained from experience that gives anyone using it an edge in the market they are working in. Combine that experience with trade knowledge, and it becomes extremely advantageous or problematic, depending on which side of the fence a former employee ends upon. It doesn’t matter whether the person is an engineer, a lawyer, a software programmer, or an accounting manager, they develop sensitive knowledge that must be protected. Non-compete agreements address this business risk.
Specific Values That are Cross-Industry Beneficial
If your Florida company is in an extremely competitive market, such as real estate for example, or selling products in tight territories, sales, and marketing information will be the margin that makes a difference. You don’t want to see your client lists end up in the hands of competitors.
Designs in play for new products or services that have not been made public yet can shape new markets tremendously. If that kind of information gets out prematurely, it can lose an entire year of advantageous revenue as substitutes are built to compete faster than expected.
How to Get Effective Help in Florida
The first place to start is to talk to a Florida non-compete agreement lawyer. While any Tampa business litigation attorney could do the same, experience makes the difference, tailoring an agreement specific to where a given company is and where it’s going in growth. The Law Office of Robert Eckard & Associates P.A. can help. We’ve been handling the aspects of a Florida non-compete agreement attorney skill for years. Call us to find out more and stop being at risk of being another market statistic.