Delev & Associates
  • Home
  • Practice Areas
    • Before Extending Credit
    • Civil Litigation
    • Commercial Collections UCC
    • Consumer Collections
    • Consumer Resource Center
    • Creditors’ Rights
  • About
    • Gregory D. Delev
    • Brian T. Giles
    • Donald W. Harper
  • Articles
  • Newsletters
  • Blog
  • Contact
Select Page

Non-disclosure agreement basics

by greg delev | Jan 16, 2017 | Business Litigation

When you run a business, there are bound to be situations in which you are faced with the need to disclose confidential information to other parties in order to further your business interests and keep your organization moving forward. How can you do this while simultaneously making sure that your private information does not get into the wrong hands or is not in some way used against you?

Forbes explains that these situations are when non-disclosure agreements may be your best allies. These contracts, also called confidentiality agreements, let you outline who is allowed to know what about your company and what can or cannot be done with that knowledge. There are many people with whom you may need to enter into these agreements including your own employees. Potential or current franchisees, partners, investors, licensees and buyers all have reason to see confidential information as well. The same is true for someone interested in purchasing your business. Venture capitalists are one group of people who are generally not willing to sign NDAs so anyone seeking this form of capital should proceed with caution as sensitive data may not be fully protected.

The type of information you can protect with a non-disclosure agreement runs the gamut and includes financial data, marketing and sales plans, new business concepts and plans or inventions for new services, technologies or products.

If you would like to learn more about sharing necessary information while protecting your business interests, please feel free to visit the confidentiality agreement page of our Ohio business and civil litigation website.

Recent Posts

  • Understand the wage garnishment process
  • Best practices for collecting debt in Ohio
  • What is an involuntary bankruptcy proceeding?
  • What can I do after receiving a letter stipulating no contact?
  • Types of acceptable collateral for secured loans

Archives

  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014

Categories

  • Business Litigation
  • Commercial Collections
  • Contract Disputes
  • Firm News
  • Uncategorized

RSS Feed

Subscribe To This Blog’s Feed