As you may have heard, there is a movement by the federal government to roll back non-compete agreements. The White house wants a crackdown on these contracts so that employees have more freedom in their movement if they want to change jobs. This is certainly understandable -- but it also puts a lot of pressure on employers too. Companies want their secrets, work processes, services and products protected, and these non-competes do help them in this regard.
October 2016 Archives
If every soda company knew the ingredients to make Coca-Cola, don't you think there would a flood of new versions of sodas that mimicked Coca-Cola? If every car company knew who to make Tesla vehicles, wouldn't it be logical to assume that they would all make "Tesla-lites"? If every manufacturing process was the same because every process was optimized, would there be any differentiation between certain products?
Imagine that you are a small business and you are trying to grow into a successful company. In order to do this, there are a lot of factors that need to fall into place just so. You need a great product or service; you need to implement that product or service efficiently; and you need to have a great reputation as a company with good customer service and dependable products. It is very difficult to achieve all of these factors.
Newer businesses and companies are popping up all the time. Some of these businesses are started by people who are brand new to the idea of starting their own business. These entrepreneurs probably have a lot of questions about this new adventure they are starting on, and they will need help.