What is an NDA?

Posted on

To maintain your business’s competitive advantage, using a Non-Disclosure Agreement is a way to ensure that the proprietary information you’re sharing with another person or organization won’t become public. Having a Non-Disclosure Agreement helps protect your intellectual property, like your trade secrets, from getting into the wrong hands. Get it in writing before sharing any confidential information, so both parties understand their duties and privileges. Obviously, not all of a business’s dealings are confidential. If a Non-Disclosure Agreement is breached, the party who revealed the confidential information could be sued for damages, be forced to pay back lost profits, and in some cases, be held in contempt of court.

Start your Nevada LLC in 24 hours
guaranteed

You don’t need to live in Nevada to enjoy the best asset protection
and audit defense a Nevada LLC can provide.

To learn more, contact a Nevada Corporate Headquarters representative at 1-800-508-1729.

Tags: Business in Nevada, Corporation, Entity, Entrepreneur, Inc, Incorporate in Nevada, Incorporating Your Business, incorporation, Nevada Corporation, Nevada LLC, New Business, small business, Start a Business

    24 HOUR LLC GUARANTEE

    Speak With a
    Business Expert


    TrustPilot

    Nevada is the best state to incorporate, regardless of where you live.
    Nevada Edge
    GET YOUR FREE e-BOOK

    Download our free E-Book and find out why Nevada is the best place to start your business.

    Download Now

    Search

    Start your Nevada LLC in 24 hours guaranteed

    You don’t need to live in Nevada to enjoy the best asset protection and audit defense a Nevada LLC can provide.

    Categories

    Archives