Need Assistance in Drafting an Affidavit and Undertaking for Balancing Proprietorship and Employment to Ensure Legal Compliance

I am the proprietor of a security agency that employs 20 people. Although I run the agency out of passion, the profits are not sufficient to support my family. Consequently, I have decided to take up employment in a company. The company has requested that I provide an affidavit or undertaking to ensure that my private work does not interfere or create any legal issues with their operations or my professional duties. I would appreciate suggestions for the format of the undertaking and affidavit I need to submit for their approval.

Given your situation, it's crucial to draft a clear and legally sound affidavit and undertaking to address the concerns of the company you are joining. Here are the steps you can follow to create these documents:

1. Understand the Company's Concerns: Before drafting the affidavit and undertaking, ensure you understand the specific legal and operational concerns of the company regarding your dual roles.

2. Consult Legal Counsel: It's advisable to seek advice from a legal professional or attorney who can guide you on the legal implications and requirements of such documents.

3. Drafting the Affidavit:
- Start with a clear title indicating that it is an affidavit related to your proprietorship and new employment.
- State your full name, address, and details of your security agency.
- Clearly outline your decision to take up employment elsewhere and assure that it will not conflict with the company's interests.
- Include a statement confirming that you will manage your time effectively to ensure no interference with your professional duties at the new company.
- Sign the affidavit in the presence of a notary public or authorized personnel.

4. Drafting the Undertaking:
- Title the document as an undertaking for balancing proprietorship and employment.
- Acknowledge your responsibilities towards your security agency and the new company.
- Specify the actions you will take to prevent any conflicts of interest or legal issues.
- Include clauses related to confidentiality, non-compete agreements, and any other relevant terms.
- Sign the undertaking and have it witnessed or notarized as required.

5. Submission and Approval:
- Present the drafted affidavit and undertaking to the company's HR or legal department for review.
- Address any feedback or modifications requested by the company.
- Ensure both parties have a signed copy of the documents for reference and compliance.

By following these steps and ensuring the legal accuracy of the documents, you can provide the necessary assurances to the company while maintaining your proprietorship and employment effectively.