Small Biz Ahead
A Podcast By Small Business Owners, For Small Business Owners
1 year ago

Why Non-Disclosure Agreements Are Important for Small Businesses

Episode Notes

Hey everybody, this is Gene Marks and welcome to another episode of the Hartford Small Biz Ahead podcast. Thank you so much for joining me. This week, I would like to talk with you about NDAs or non-disclosure agreements. I'm sure you've heard of them before, seen them around and there's been a debate going on as to the purpose of them and whether or not they're really legally enforceable or even worth using at all. My take is they are certainly worth using in certain circumstances and let's get into that. First of all, what is an NDA? Like I said before, it's a non-disclosure agreement. So, it's generally used in three scenarios. Some employers use it with their employees, particularly key employees or senior employees. They make them sign an NDA so that if they leave the company, they can't disclose any of these proprietary or trademarks or secrets or policies or procedures.

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