4 Key Ways to Protect Your Trade Secrets

Trade Secrets
A trade secret is a unique trait that separates your business from others in your industry. A trade secret is a product, recipe, formula, design, or other factor which helps give your business a competitive edge over businesses similar to yours. A trade secret is proprietary to your company and is protected under U.S. law. To ensure your trade secrets are safe from competitors though, it is important to follow these tips to protect your company‚Äôs valuable information. Identify your trade secret: The first step in protecting your proprietary information is identifying what it is. Not all information needs to be kept secret, so you must assess what is most significant to your company and what will produce the most value for the company in the future. Another vital factor…
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