An NDA (or Non-Disclosure Agreement) is a document that works to protect the privacy and other various provisions associated with the parties involved in a business transaction. Many people feel most comfortable signing an NDA before any sensitive information is shared with either party. This isn’t to say that an investor won’t ask for some basic information before signing an NDA, so be prepared to have your information readily available so that they feel comfortable with your overall business concept.
The document itself offers peace of mind and trust for working with each other and typically this is something investors and start-ups want to establish at the very start of their business relationship once they’ve decided they want to work together.
An NDA is certainly a valuable asset in any business relationship and it should be handled delicately. You should seek the advice of a knowledgeable attorney.has successfully helped over 1000 start-ups! We would be more than happy to assist you in locating the appropriate attorney for your situation. Our rates are affordable and we offer flexibility that typical law firms simply don’t. We are waiting to hear from you!