YoungUpstarts

article thumbnail

How To Create A Software In 7 Simple Steps

YoungUpstarts

You’ll then need to start from scratch, and this can cost a lot of time and money. The cost of these minutes is often less than what you’d pay if you were using your regular mobile phone plan to make international calls. When creating a plan for your software development project, you need to consider several things.

Software 189
article thumbnail

7 Contracts Every Small Business Should Have On Hand

YoungUpstarts

The NDA is among the most common of all small business contracts. As such, small businesses should seek to ensure that every employee signs an NDA before entering a formal employment agreement. A lease contract defines the space, the cost, and the period within which the agreement will be binding. Read on for details.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What To Do When Your Trusted Employees Defect To The Competition

YoungUpstarts

But even worse than the cost of recruiting someone new to fill the vacancy when a key employee leaves, there’s one big, looming worry that’s sure to ratchet your anxiety up to critical levels: “She knows everything! Anyone who might have access to your trade secrets should sign an NDA at the beginning of the relationship.

Employee 100
article thumbnail

Business Owners Need To Understand Intellectual Property Law

YoungUpstarts

Develop a patent strategy early on to evaluate whether the costs for protecting an innovation makes sense. A company needs a well-thought-out patent application on file, or a signed NDA to protect against potential loss of patent rights. First all employees, including founders, should sign invention assignment agreements.

article thumbnail

9 Business Acronyms You Need To Know

YoungUpstarts

An NDA, or Non-Disclosure Agreement, is an essential business acronym that often takes many forms. It is also known clandestinely as a secrecy agreement, and can also be called a CDA (a confidential disclosure agreement), a CA (confidentiality agreement), or a PIA (proprietary information agreement). EBITDA is often used in loans covenants.

article thumbnail

Defending Groundbreaking Ideas From Killer Competition

YoungUpstarts

Fortunately, a provisional patent costs much less and can be put into place quickly to keep your idea secure. That said, you should recognize that many investors and potential clients will hesitate if you ask them to sign an NDA. One of the most effective ways to protect your intellectual property is to patent it.

article thumbnail

How To Use Partnerships To Grow Your Business

YoungUpstarts

There is also a scope to offer value-added services to your customers or clients at nominal additional costs. Clearly outline how the partnership would be carried out and etch out a proper costs-benefits analysis for each partner. Another important benefit is that you both can cross-refer each other to clients.

NDA 124