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Strategies To Reduce Taxes In The Sale Of A Business – Covenant Not To Compete
A non-compete clause, or a covenant not to compete (CNC), is commonly used in a sale of a businesses in order to protect the Buyer from having the Seller directly or indirectly compete with the business just recently sold, within an agreed upon geographic area and for a limited time frame, typically three to five years...
Author: Dynamic Business Brokers Inc. - Category: Business
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