SELLING A BUSINESS WITH GOODWILL: BEWARE THIS IMPLIED PROHIBITION
When you sell a business including its “goodwill”, you will likely be prevented from opening up in competition with your old business by a “restraint of trade clause” in the sale agreement. Your 5 year restraint period lapses – what next? Restraint clauses have to be reasonable in duration, so somewhere along the line your […]
DIRECT MARKETERS HASSLING YOU? HERE’S HOW TO OPT-OUT
If you are inundated with unwanted direct marketing phone calls, SMSes, spam emails and junk mail, you can either contact each sender directly to request removal from their database, or you can save yourself a lot of time and trouble with a once-off registration on the DMA (Direct Marketing Association of South Africa) website at […]