How does a business organisation protect it's trade secrets from being leaked out?

[King Belieal]

Every business has a secret be it in production or marketing that gives them advantage.

How can a business protect it's business secret from being leaked out to the competitors?

 

[Stardom22]

This can really be achieved by the virtue of being so confidential on its operations and the managerial sector

 

[Min George]

There has to be control on the level of information that staff can access. Trading secrets should only be known by top management staff.

 

[Stardom22]

I think that the business owners or managers should be very considerate and being cautious about the sharing on the crucial business information. on the business

 

[Suba]

There are many business secrets that must not be leaked, be it finances, cooking recipes, production processes and ingredients, etc. In my country there is protection for business secrets, so your business must be registered, make a contract with the restaurant chef regarding restaurant business secrets. If he violates this, he will be subject to criminal penalties.

 

[Xtynehappy]

I think by the act of hiring the right people to work on your business you are good to go for that matter.

 

[eLdavis]

In most cases they tend to limit who gets to have access to this information, and I have heard cases where their employees go into a legal agreement before working.

 

[Fidelia]

You have to make sure every employee signs a non disclosure agreement before they step in to work with the organisation.

 

[wisdom01]

There are many business secrets that must not be leaked, be it finances, cooking recipes, production processes and ingredients, etc. In my country there is protection for business secrets, so your business must be registered, make a contract with the restaurant chef regarding restaurant business secrets. If he violates this, he will be subject to criminal penalties.

Smart move! Registering your business and having solid contracts in place protects your valuable secrets –it's like having a shield!

 

[Augusta]

Confidentiality and non-disclosure agreements between business partners or with employees