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On April 23, 2024, the Federal Trade Commission (FTC) enacted a sweeping ban on noncompete clauses. This noncompete ban, much like its state-level predecessors, marks a significant shift in labor policy, aiming to enhance career mobility and wage growth across various industries. This change aims to encourage a more fluid labor market, leading to a […]

Understanding the 2024 FTC Noncompete Ban and What It Means for Businesses

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General Business, Law

Both corporations and LLCs limit the liability of the investors (owners and shareholders) from the debts of the business and against lawsuits against the business.  It “limits” individual’s liability for actions of that business.  This is called the “corporate veil,” meaning that there is a separation between the liability of the business and the liability of the […]

LLCs vs. Corporations

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General Business, Law

Considering a trademark?