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Dimitry K., Esq.
Dimitry K., Esq., Attorney
Category: Business Law
Satisfied Customers: 1611
Experience:  Run my own successful business/contract law practice.
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Does it make any difference if I'm selling the business.

Customer Question

Does it make any difference if I'm selling the business. I wasn't just an employee. I'm looking to start another similar business that provides the same services. In this case, painting.
Submitted: 10 months ago.
Category: Business Law
Expert:  Richard replied 10 months ago.

The buyer of your business steps into your shoes with regard to the existing business. With regard to you starting a competing business, as long as you wait the 3 years and 20 miles of this existing business, you should be fine.