How To Protect Customer Lists and Trade Secrets
For the business owner who has established a successful business that is thriving, one critical issue that you must be aware of relates to protecting your "trade secrets". In this video Charles Internicola discusses what constitutes trade secrets and some basic steps that you must take to protect these critical assets.
Trade secrets include a variety of "intangible" assets that include your customer lists, sources of supply, pricing information and other data that relates to your competitive advantage. Mr. Internicola's advice starts with the fact that if you believe that these assets are confidential, then you must treat them as confidential. This requires employees to sign confidentiality agreements and that you secure and restrict access to this information.
- Take Your Business from Local Success to National Franchise with The 90 Day Franchise Launch Program
- An Entrepreneurs Guide to Purchasing a Business or Franchise
- ENDWISE: The Guide to Selling Your Business with Peace of Mind
- The New York and New Jersey Partnership Dispute Guide
- Franchise Counsel Program