article thumbnail

Startup Non-Disclosure Agreements are Overrated

Startup Professionals Musings

Entrepreneurs often get the advice from their lawyers and friends to always get a Non-Disclosure Agreements (NDA or CDA) signed before disclosing anything about their new venture. This doesn’t mean that they are dishonest, but simply that they may not wish to manage the risks involved. Who is right? Trade secrets.

article thumbnail

Startup Survival Guide: Mitigating Legal Risks and Criminal Challenges

The Startup Magazine

There are various strategies you can employ to mitigate this risk, such as obtaining patents or trademarks, implementing trade secret protection measures, and using non-disclosure agreements with employees and contractors. When a dispute does arise, it’s essential to identify all relevant information quickly.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Write Better B2B Case Studies: 2 Lessons from Psychology

ConversionXL

This aligns with Forrester research that touts digital content as the most important driver in B2B purchasing decisions: 60% of business buyers prefer not to interact with a sales rep as the primary source of information. Your product may be new, or your results may be hidden behind a non-disclosure agreement.

B2B 134
article thumbnail

Nuts & Bolts of Intellectual Property for New Startups

Gust

Trade secrets in the US are governed by state law , which can vary, but in general, can include anything from clever ways of solving technical or business problems to formulas, algorithms, internal pricing or financial data, or just about any other valuable business information, provided that it’s treated as confidential by the company.

article thumbnail

7 Contracts Every Small Business Should Have On Hand

YoungUpstarts

Especially because non-compliance may damage any legal relations between the parties involved. Non-Disclosure Agreements. This business contract binds parties in a specific agreement. You also entrust such employees with critical information about your business. Independent Contractor Agreements.

article thumbnail

Tips For Hiring An Independent Contractor

YoungUpstarts

For small business owners, this adds up to many opportunities to round out staff, manage business surges, and leverage expertise for specific situations. A resume and reference information. You may even have your contractors complete an application so you can easily access pertinent information about them in the future.

Hiring 246
article thumbnail

Business Contract: What it is and How to Write It

ReadWriteStart

In this piece, we’ll dwell upon contract management especially claiming business contracts, their meaning, their types, and how to write them. It’s a legally binding agreement between the purchaser and the sellers on services or goods. It includes an NDA (Non-disclosure agreement) that protects confidential information.