confidentiality agreement
1 Credit
The best way to protect the confidentiality of your business idea, is not to tell anybody about it. But that’s pretty difficult when you want to commercialise your idea and bring it to market. A confidentiality agreement (or non-disclosure agreement), is ideal for when you are discussing bringing your idea to life with third parties.
A confidentiality agreement is a contract between two parties, where each party agrees three key things: (1) to keep the information confidential, (2) not to disclose the information to third parties and (3) to only use the information for a specific purpose.
A confidentiality agreement (NDA) is one of the most important legal documents you’ll have at the beginning of your business journey.



