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Michael Stephen Byrd's Answers
- 4 Legal Answers
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3
Attorney answers:
No compete agreement
Understanding your non-compete risks likely does not center on whether your former employer has broken the contract of employment (unless you have a written agreement that states that the non-compete goes away upon the employer breaching the contract). However, the key to advising you on this centers on whether you have an agreement (or agreements) with the employer or not. If you do not have an agreement in writing and signed by both of you, there is not a legally binding non-compete against...
1
Attorney answers:
What is a fair % allocation of this type of business
I suggest you look at the actual monetary value contributed to determine ownership percentage. The tricky part is assigning monetary value to the sweat equity. I suggest you objectively look at the "market" for the types of service each of your are providing. This will also help you set salary. Once you have assigned a monetary value to everything each of you brings to the table, it is easy to determine the appropriate percentage. Do not get hung up on the fact that both of you are giving...
5
Attorney answers:
How do I protect my business ideas when I solicit a business idea to other businesses to gain potential business.
You will want to ask them to sign a Non-Disclosure Agreement or Confidentiality Agreement prior to your meeting. This is a traditional concept for businesses. It should not cost you much to have an attorney prepare a basic Non-Disclosure Agreement. Even with this signed document, you will have risk, because you will have to file suit against them to enforce the agreement if they steal your idea.
1
Attorney answers:
Can i have a copy of all thats in my medical record
Yes. You may request a copy of your medical record in writing. You will likely be required to pay the copy charges.