Selling a Business – Words to Know: Covenant Not To Compete
Covenant Not To Compete – An agreement given by the seller of a business to the business buyer to not compete in that or a similar business for a specified period of time, and within a specified geographic area. (From bizben.com)
Tags: exit planning, exit strategey, sell a business, sell a company, selling a business, selling a company
This entry was posted on Tuesday, January 31st, 2012 at 1:08 pm by mcook and is filed under Business, How To Sell a Business, Selling a Business, exit strategy.
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