What are Trade Secrets and Why Do They Matter to My Business?

Trade secrets are a type of intellectual property that can have significant value for your company, including monetary value. However, they only hold value if they remain secret. That’s why trade secret protection is so important in business. If you can’t protect your trade secrets, then you’ll lose many of your competitive advantages in the […]

Trade Secret Protection Requires Specific Descriptions

If you want to protect your trade secrets, then you need to describe them in very specific terms. Generic and broadly defined trade secrets could be difficult to protect (or impossible). That’s a lesson California’s New Castle Beverage, Inc. learned the hard way not that long ago. Under California law, a specific written description of […]

5 Business Disasters if You Don’t Protect Your Trade Secrets

Trade secrets come in many shapes and sizes – from computer programs to manufacturing processes to supplier lists and many between – but they all have one thing in common: they are key to your competitive edge. Have you thought what would happen to your business if a competitor copied your proprietary business plans or […]