Should there be a non-disclosure agreement when you get investors into your business?

[Setfragil]

For you to have a non disclosure of agreement, it will be determined by the nature of the business, what the parties involved in the business want and what they agreed upon.

 

[Richard92]

To avoid that an investor may act in bad faith and steal your innovative idea, you can register your idea and get a patent to back you up and at the same time, I agree with your thinking, by signing a trust document it should not be a hassle for investors, unless they go with the intention to steal your idea.

There should always be disclosure between investors and business owner with this they will not have problem at the end of the transaction.

 

[GIFTMICHAEL]

Lolz, so you are believing that everything about job and employment nowadays is through connection with people you know ? most times it is not always true in developed country

What did you call it dear? In.developed countries and not here in our country. Here if you try secure a good paying job, you'll simply feel at heaven.

 

[Sariana23]

There should always be disclosure between investors and business owner with this they will not have problem at the end of the transaction.

This is when the investment is secure, however it is good to take precautions by signing such an agreement. This way if at some point they do not close the deal, the idea may be at risk!

 

[Kelly5]

A nondisclosure agreement will have to be signed by all parties involved in entering that partnership business with you as the initiator of the whole business idea. Ideas can be sold and that can put the entire enterprise in great jeopardy

 

[Jlife]

What did you call it dear? In.developed countries and not here in our country. Here if you try secure a good paying job, you'll simply feel at heaven.

What I meant is that before you can get a reasonable employment here from the government ,you need to have someone in a higher position in the government that can manipulate you into the type of work you are interested.

 

[Sariana23]

A nondisclosure agreement will have to be signed by all parties involved in entering that partnership business with you as the initiator of the whole business idea. Ideas can be sold and that can put the entire enterprise in great jeopardy

It is correct, the non-disclosure document that must be signed in a mandatory way, is the one that will give security to the entrepreneur and will avoid risks with his idea. When I say mandatory, it is because I believe that if it is not signed, the idea can easily be sold to the highest bidder when acting in bad faith.

 

[GIFTMICHAEL]

What I meant is that before you can get a reasonable employment here from the government ,you need to have someone in a higher position in the government that can manipulate you into the type of work you are interested.

Yes, only those that have God father in the top can have chances of success to secure better paying job. While average men like us languishes in the fringes.

 

[Kvngsammy]

In negotiations, you shouldn't for any reason sell yourself short. So, if you want to sign that type of agreement and the investor doesn't want to, you look beyond him and find someone or somewhere else.
Those types of decisions are such that once an error is made, it's hard to correct

 

[Chibson]

when you get investors to your business it is therefore very important for you you too agreed and signed a very good document to avoid stories that touch.

 

[Solutionav]

At a certain point we all have an innovative idea that we want to actually see materialize, and so sometimes we actually create a business that can realise this idea that we have. However, one of the hardest things when you are starting the business is having the necessary money that is needed to run the daily operations in the beginning.

If you have an innovative idea and if it is a novel idea that has not been implemented before do you think that it is necessary to get the investors to sign a nondisclosure agreement so that they don't steal the idea and possibly sell that to another company that they invested in? At this point because you are a new business there is no paper trail that says that this idea belongs to you and you alone. So do you think that a non-disclosure agreement is necessary or do you feel that perhaps it will create unease when it comes to getting money from the Investor?

I have heard so many stories of how people ideas are be stolen because of lack of finance, so going into agreement before you start up the business is very important

 

[Sariana23]

In negotiations, you shouldn't for any reason sell yourself short. So, if you want to sign that type of agreement and the investor doesn't want to, you look beyond him and find someone or somewhere else.
Those types of decisions are such that once an error is made, it's hard to correct

You expressed yourself correctly @HayKay , if the investor does not agree to sign such a confidentiality document, it should simply be discarded. Instead, you should go ahead and wait for the right investor, who recognizes the importance of signing such a document.

 

[Setfragil]

A nondisclosure agreement will have to be signed by all parties involved in entering that partnership business with you as the initiator of the whole business idea. Ideas can be sold and that can put the entire enterprise in great jeopardy

This is absolutely the best way to do it. All the parties involve in the business will have to come to a consensus on how the agreement will be signed to protects the interest of all the investors.

 

[Ralphjoe]

At a certain point we all have an innovative idea that we want to actually see materialize, and so sometimes we actually create a business that can realise this idea that we have. However, one of the hardest things when you are starting the business is having the necessary money that is needed to run the daily operations in the beginning.

If you have an innovative idea and if it is a novel idea that has not been implemented before do you think that it is necessary to get the investors to sign a nondisclosure agreement so that they don't steal the idea and possibly sell that to another company that they invested in? At this point because you are a new business there is no paper trail that says that this idea belongs to you and you alone. So do you think that a non-disclosure agreement is necessary or do you feel that perhaps it will create unease when it comes to getting money from the Investor?

In this kind of situation I think the non-disclosure agreement between the ideal creator and the investors should be of paramount importance as this will go a long way in guiding the business principles and probably bring about a very successful business partnership.

 

[Jlife]

Yes, only those that have God father in the top can have chances of success to secure better paying job. While average men like us languishes in the fringes.

But naturally this is not supposed to be so, we are living in a country in which we are full citizen and we are entitled to work for the government and not only when we have a Godfather

 

[Solutionav]

At a certain point we all have an innovative idea that we want to actually see materialize, and so sometimes we actually create a business that can realise this idea that we have. However, one of the hardest things when you are starting the business is having the necessary money that is needed to run the daily operations in the beginning.

If you have an innovative idea and if it is a novel idea that has not been implemented before do you think that it is necessary to get the investors to sign a nondisclosure agreement so that they don't steal the idea and possibly sell that to another company that they invested in? At this point because you are a new business there is no paper trail that says that this idea belongs to you and you alone. So do you think that a non-disclosure agreement is necessary or do you feel that perhaps it will create unease when it comes to getting money from the Investor?

Life is all about what you have and you have to treasure what you have, some person have money no ideas why some have Ideas no money so for one to invite investor to come partner with you, it is necessary you sign a nondisclosure agreement so that nobody will steal your ideas

 

[Psalmseen]

No. You should always have a good agreement between yourself and your investors. So there won't be any hiccups at the long run. The basis of agreement should be clearly stated as well as their dividends

 

[GIFTMICHAEL]

But naturally this is not supposed to be so, we are living in a country in which we are full citizen and we are entitled to work for the government and not only when we have a Godfather

You've seen the kind of country we find ourselves living in, where godfatherism is the centre of attraction. If you don't have a God father which is a human standing for you with upper hand, you aren't going anywhere securing a better job.

 

[Jlife]

You've seen the kind of country we find ourselves living in, where godfatherism is the centre of attraction. If you don't have a God father which is a human standing for you with upper hand, you aren't going anywhere securing a better job.

I don't just know how this country can be arranged in a way that everything is done properly, I just believe that the country has corrupt beyond how it can be repaired because of all the things that is happening.

 

[Ub40]

What you just narrated above is not really a bad idea but I think in business everything should be spelt out in black and white as hiding anything from the investor may cause a problem or misunderstanding in the future. I think the most important thing is to make sure that all documents are duly signed by both parties and terms and conditions clearly stated. It is just my opinion.