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Consider noncompetes when making key business decisions

June 12, 2009

An agreement not to compete prevents an individual from competing in a particular business or otherwise competing. Many people feel instinctively that such an agreement must be illegal. Under the right circumstances, however, noncompetition covenants as they are called are legal and enforceable, subject... Read more »

How to keep key employees without raising their salary

May 21, 2009

In the current difficult economic environment, equity incentives may offer a way to retain and encourage valuable key employees without additional expense. Such incentives can take an almost infinite variety of forms, but a simple example might be to grant stock bonuses to key employees based on their... Read more »

Consider personal goodwill in dealership acquisitions

April 14, 2009

In many non-motorsports businesses we find the sale of an operating business often involves selling what is called "personal goodwill." This is a fairly new idea that doesn't seem to have taken hold in the motorcycle world yet. Personal goodwill is an intangible asset that may involve the reputation,... Read more »

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