What should I present to a web design firm looking to invest in my idea?

min read
Opinions expressed by Entrepreneur contributors are their own.

Kudos to you for getting prepared to bring forth your business.

However, there are a few things you need to know before you embark on this journey.

You should be cautious about sharing your ideas with people you don't know. You might want to have them sign a non-disclosure agreement (NDA) before sharing your ideas with them. Many people will tell you that NDAs aren't worth the paper they're written on, but that's simply not true. If your NDA is put together in the right way, it may be completely actionable. It would be a good idea to see an attorney to assist you with this.

Also, not to knock your idea, but keep in mind that there are many people who have a promising idea for a website. If your idea is promising, you should want people to earn the right to work with you so part of your RFP (Request for Proposal) might be a request for them to submit a rough draft of how they think your site will look. This way you can effectively determine with which designer you most resonate.

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Create your business plan in half the time with twice the impact using Entrepreneur's BIZ PLANNING PLUS powered by LivePlan. Try risk free for 60 days.

Latest on Entrepreneur