For years, BC employers reached for the non-compete clause as their default tool to protect the business when a key employee leaves. That era is over. Between recent BC court decisions and a proposed federal ban, non-competition clauses have fallen out of favour, and employers who still rely on them may be holding an unenforceable promise. The better protection for most businesses is usually a narrower tool, a non-solicitation and/or confidentiality clause.

For many BC business owners, the business is more than an asset – it’s decades of effort and, often, a family legacy. But a rushed, reactive sale can erode value, while planning ahead helps you control timing, achieve a better tax outcome, and avoid last-minute due diligence problems that weaken your negotiating position.

Having a will is one of the most important steps you can take to protect your loved ones and ensure your wishes are respected.