What Is It and Why You Need One" />What Is It and Why You Need One" />
An NDA, also known as a Non-Disclosure Agreement, is an essential part of the app development stage. It’s a legal document that not only protects the app and the creator’s ideas from being leaked to competition, but also gives them (the creators/founders etc) peace of mind and confidence throughout the process.
If you need to establish trust when revealing confidential or sensitive information about the mobile app and other ideas attached to it, an NDA is a great place to start. Without it, those within your circle will have an opportunity to steal information, data, and ideas.
In a day and age where entrepreneurship is at an all-time high, it won’t take much for someone to walk away and start a similar app using someone else’s idea.
There won’t be a strict template to follow when writing a Non-Disclosure Agreement, as long as it contains everything you need it to. Many people will make the mistake of leaving things out, which could lead to an NDA being taken advantage of by a stickler.
We’ve detailed some of the most important things to include in an NDA below:
By including everything above in a Non-Disclosure Agreement, you’ll set your mobile app up for long-term success.
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When turning an idea into a mobile app, there will be a lot of different people included in your vision. While teamwork will be the element that ultimately keeps the idea of moving in the right direction, plans can quickly derail if the proper steps aren’t taken with an NDA.
The following people (if you are subcontracting each part to an individual freelancer) should be required to sign a Non-Disclosure agreement:
Note: if you are working with an app development company- a single NDA signed in the name of the company is usually enough to protect your interests, it will cover all the employees and contractors employed by the company who may have access to any sensitive information.
The best time to have someone sign an NDA is before the revealing of any information. This will give you the best chances when facing the court of law. If you’ve hired someone, don’t forget to get their signature immediately. The sooner you do that, the sooner they can get started with their work.
Even if someone hasn’t been hired yet, but the interview requires confidential information to be enclosed, an NDA can be signed. This can help you find the exact candidate you’re looking for, while staying legally protected.
Unfortunately, many people will get their app development started well before the thought of a Non-Disclosure Agreement being signed. Don’t worry, while it’s best to take care of it right away, it’s never too late. The process will be more difficult, however, and will require a retroactive date to be added.
Disclaimer: This post is provided for informational purposes only and should not be considered legal advice. It is recommended to consult with the appropriate legal professionals or licensed attorneys for advice pertaining to specific business needs.
