How to preserve your new business idea

[Augusta]

You know you might have a new business idea and lacking funds to kickstart it. Now, you have some investors in mind that you want to share the idea with so they come partner with you to start the business.

This is where you needd to apply caution. You can't trust this people not to steal your business idea. You know they might see your proposal and tell you the business idea wouldn't fly , only for them to go ahead after a while to implement this same business idea. All the wanted was for them to use your business idea free without getting you involved.


So if you have a billion dollars business idea that you know that you can win with it, you have to do the follow

Get a patent for your business idea

Let those you would be discussing with sign a non disclosure agreement

let co-founders sign non compete agreement

Then the employees will sign work for hire agreement.

This to a large extent will protect people from stealing your business new idea