Employee Non-Compete Agreements in a CPA or Accounting Practice Sale
In planning for a CPA or accounting practice exit, sellers should consider the status of their employees in advance. It always strikes me as odd that accounting practice principals will not have any restrictions on their employees from a non-compete or non-solicit standpoint. They generally cite relationship or length of employment for not having one […]
Importance of a Non-Compete Agreement in Accounting Practice Sales
For years, I have been helping accountants and CPAs exit their practice. It is common for buyers to want a non-compete after a sale but for many reasons, a principal, his attorney, and others involved insist on having a non-compete with a radius around the business and a certain number of years tied to the […]