The Bulletproof Dental Podcast: Bonus Episode!
DESCRIPTION
BREAKING NEWS! Join us as we welcome Chase Howard for an impromptu bonus episode to discuss the recent news surrounding the FTC and non-compete agreements.
TAKEAWAYS
- The FTC is attempting to ban non-compete agreements, which could have a significant impact on the dentistry industry.
- Existing non-compete agreements will still be enforceable until the employee leaves the practice.
- Non-solicitation agreements may become more important for protecting patient and staff retention.
- The ban does not apply to the sale of practices or certain high-level executives.
- Dentists should consider revisiting their associate agreements and focusing on other protections such as training costs, non-disclosure agreements, and protecting intellectual property.
CHAPTERS
00:00 - The FTC's Attempt to Ban Non-Compete Agreements
06:54 - Exceptions to the Non-Compete Ban: Sale of Practices and High-Level Executives
REFERENCES