So you’ve had this idea for starting your company for a while now-but-you’ve got to pay the bills, so you’ve kept a day job. Fast forward: the time is right, you’ve been patient and you’re ready to spread your wings; you return your key card, your laptop, all your materials and you are free!
What agreements have you signed with your previous employer? Failing to understand legal obligations generally known as “Employment Agreements” can sink your startup before you even leave port. Here are a few types of common agreements that, if ignored, can set you off on the wrong course from the onset.