They’re what give you the edge: Your formulas, methodologies and recipies. You’ve got to protect them as though they were your own self. But how?
- Top note: “A proprietor that has confidential and secret agricultural methods, for example, should make efforts to enter into non-disclosure agreements with vendors and suppliers not only to protect any favorable pricing that is negotiated but to protect any agricultural techniques that a vendor or supplier might learn about or see on a visit or delivery.”
- It recommends hiring counsel, making agreements to protect any secrets that outsiders might come upon, and conducting exit interviews.
- The sad truth is that a lot of trade secrets walk out the door with employees who get hired away or who follow their own entreprenurial impulses.