This ad will close in
Question added to topic Legal Basics For StartupsSeptember 4, 2007

Is there any way to protect a business idea while testing it?

Ideas are generally not covered by intellectual property laws until there is some actual expression of the idea. Although a "provisional patent" can be obtained before the idea is fully implemented, this would still require progress beyond the mere idea. The usual way to protect your idea is to
prepare a document known as a "Non-Disclosure/Non-Competition Agreement," which should be signed by anyone having access to the idea during the design and testing phases. You should consult an attorney familiar with these transactions to prepare the proper documentation.
Kim Gordon is the owner of National Marketing Federation and is a multifaceted marketing expert, speaker, author and media spokesperson. Her latest book is Maximum Marketing, Minimum Dollars.

0 Comments. Post Yours.

About ASK ENTREPRENEUR

Ask Entrepreneur is a question-and-answer forum for and by the Entrepreneur.com community. Send in your burning business question, or comment on someone else's now. Have a Question? Ask Now

Topics (over 1000+ answers)

Don’t see a topic? Suggest One

Ask Entrepreneur Q&A Hangouts

Google + Hangout With Shark Tank
Google + Hangout With Jason Falls
Google + Hangout With Angela Jia Kim
Google + Hangout With Grant Cardone