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Stats: 2,134,147 members, 4,630,738 topics. Date: Monday, 10 December 2018 at 05:37 AM
|Help!!!...how Do I Secure My Business Concept? by TopDogNaija(m): 9:14am On Oct 18|
Hello my dear nairalanders, I've got an issue I'd like us to address in this forum. I need good lawyers and businessmen to participate in this discussion.
Okay, with that said: I have an innovative idea thats worth a fortune but I don't have the technical know-how and the resources to implement my idea. An idea in its raw state is nothing until it becomes a reality. So in this regard, I want to partner with a programmer with the skills to implement my idea. I'm a fresh graduate of the university of Ilorin in history education and my business idea is inline with programming. Problem is I've got little knowledge about programming but I can partner with an expert in the programming field.
So the issue is this, how do I secure my business idea from my partner. I cant partner with a programmer without revealing my entire business plan to him, but we leave in a monopolistic world. There's a great chance of the programmer sidelining me and stealing my idea. Now my questions are:
1. Is there some sought of legal agreement we can reach before handing over my business plan?
2. If yes, how do I go about it?
3. What are the prerequisites I need to seal an agreement?
In my opinion, I think reaching an agreement that solicits the business to me is the best move to take before sharing my idea with anyone. Lawyers and businessmen, what's your take on this matter?
|Re: Help!!!...how Do I Secure My Business Concept? by peteromakay: 10:29pm On Oct 24|
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