--- title: When selling my business, should I agree to a consulting or non‑compete agreement? description: Consulting agreements often require sellers to assist the buyer for 3–12 months and may include non‑compete clauses restricting competition for 1–3 yearshttps://vennlawgroup.com/transition-consulting-agreements/#:~:text=1. 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[Selling Post-Sale](https://servicehub.prime100businessbrokers.com/knowledge-base/selling-post-sale?hsLang=en-us) # When selling my business, should I agree to a consulting or non‑compete agreement? ## Understanding transition consulting and non‑compete agreements Transition and consulting agreements can help buyers run the business successfully. These agreements typically last between three and twelve months, during which the seller provides guidance 20–40 hours per week, gradually decreasing as the buyer gains confidencehttps://vennlawgroup.com/transition-consulting-agreements/#:~:text=1. Compensation can be hourly or a fixed amount, sometimes including bonuses tied to milestoneshttps://vennlawgroup.com/transition-consulting-agreements/#:~:text=and%20rhythms%20under%20fresh%20leadership. Non‑compete clauses are common and prohibit the seller from competing in the same market or geography for one to three years to protect the buyer’s investmenthttps://vennlawgroup.com/transition-consulting-agreements/#:~:text=seller%20from%20immediately%20starting%20or,direct%20competition%20from%20the%20seller. Whether you should accept these terms depends on your post‑sale plans, willingness to stay involved and the value of your knowledge. Well‑negotiated agreements clarify expectations, compensation and duration. Prime 100 works with both parties to structure transition agreements that benefit everyone. We help sellers determine appropriate time commitments and compensation, ensure non‑compete terms are reasonable and comply with local law, and facilitate a smooth handover that supports the buyer’s success while protecting your interests. - [Uncategorized](https://servicehub.prime100businessbrokers.com/knowledge-base/uncategorized?hsLang=en-us) - [Explaining holdbacks and escrow accounts](https://servicehub.prime100businessbrokers.com/knowledge-base/explaining-holdbacks-and-escrow-accounts?hsLang=en-us) - [About Us](https://servicehub.prime100businessbrokers.com/knowledge-base/about-us?hsLang=en-us) - [Intangible Assets & Valuation](https://servicehub.prime100businessbrokers.com/knowledge-base/intangible-assets-valuation?hsLang=en-us) - [Valuation](https://servicehub.prime100businessbrokers.com/knowledge-base/valuation?hsLang=en-us) - [Protecting confidentiality with NDAs](https://servicehub.prime100businessbrokers.com/knowledge-base/protecting-confidentiality-with-ndas?hsLang=en-us) - [Timing & Preparation](https://servicehub.prime100businessbrokers.com/knowledge-base/timing-preparation?hsLang=en-us) - [Selling Legal & Documentation](https://servicehub.prime100businessbrokers.com/knowledge-base/selling-legal-documentation?hsLang=en-us) - [Buying Financing & Negotiation](https://servicehub.prime100businessbrokers.com/knowledge-base/buying-financing-negotiation?hsLang=en-us) - [Selling Evaluation & Due Diligence](https://servicehub.prime100businessbrokers.com/knowledge-base/selling-evaluation-due-diligence?hsLang=en-us) - [Employees & Communication](https://servicehub.prime100businessbrokers.com/knowledge-base/employees-communication?hsLang=en-us) - [Selecting an Advisor](https://servicehub.prime100businessbrokers.com/knowledge-base/selecting-an-advisor?hsLang=en-us) - [Deal Structures & Financing](https://servicehub.prime100businessbrokers.com/knowledge-base/deal-structures-financing?hsLang=en-us) - [Selling Process](https://servicehub.prime100businessbrokers.com/knowledge-base/selling-process?hsLang=en-us) - [Buying Decision & Search](https://servicehub.prime100businessbrokers.com/knowledge-base/buying-decision-search?hsLang=en-us) - [Selling Post-Sale](https://servicehub.prime100businessbrokers.com/knowledge-base/selling-post-sale?hsLang=en-us) - [Selling Negotiation](https://servicehub.prime100businessbrokers.com/knowledge-base/selling-negotiation?hsLang=en-us) - [Buying Evaluation & Due Diligence](https://servicehub.prime100businessbrokers.com/knowledge-base/buying-evaluation-due-diligence?hsLang=en-us) - [Buying Post-Purchase](https://servicehub.prime100businessbrokers.com/knowledge-base/buying-post-purchase?hsLang=en-us) - [About](https://servicehub.prime100businessbrokers.com/knowledge-base/when-selling-my-business-should-i-agree-to-a-consulting-or-non-compete-agreement#about) # Prime 100 Business Brokers [mailto:email@email.com](mailto:email@email.com) Copyright © 2026, Prime 100 Business Brokers