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Hi, Thank you for your question and welcome. My name is ***** ***** I will assist you. You will need to have a non disclosure agreement when you start disclosing confidential information to them. In the initial talks will you be giving them any sensitive information about your business? Kind regards AJ
Hi, Thank you. I would say then that you would want to sign an NDA and a non compete clause - the non compete clause will only be able to last for about 6 months - as you cannot stop them from starting a competing idea indefinitely, you can only stop them from doing so on the back of your information.
Hi, Thank you. If you get it drawn up by a local solicitor it is likely to cost about £500 plus vat. You could use a template but to ensure it is enforceable you must have a really detailed explanation of the information you want to keep confidential. Kind regards AJ