
Outsourcers Confidentiality about Business Ideas
How does business confidentiality work when you hire an outsourcer? In particular, I have a cracking idea for a website and would like to commission someone to build it. No problem there.
The issues I have are:-
1. The website would have to do various things in order for the business model to work and I do not know whether it would be possible
2. Therefore, I will have to reveal what I want to happen to the designer hence revealing a clever business idea without knowing if it is possible to build it
Am I right to be cautious before revealing my ideas? What can I do?
I had that "eureka moment" where I thought to myself 'if I can do this, then there is $$$$$' to be made. Trouble is I don't know either way and will have to ask someone - hence revealing my plan.
Are confidentiality, non -disclosure and non-competitive agreements worth the paper they are written on?
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