Sharing secret information to a potential employee?
When talking to potential employees you may need to share some secrets about your business. Also, the potential employee may tell you secrets. These include:
- plans
- future expansion into new markets
- new machinery and offices
- financials and expected growth
- business models and trade secrets
- future services and products
Build this Mutual NDA protects confidential information. This protects both your business and your potential employee.
The Mutual Confidentiality Agreement for potential employees allows you both to talk openly. This is about the business. This is while searching for the right employee or co-founder.
Are non-disclosure agreements common for potential employees and new business partners?
Creating a nondisclosure agreement, or NDA, for incoming employees is common. Under a non-disclosure agreement, the potential employee agrees not to disclose any proprietary or confidential information about your company or your practices.
Do Legal Consolidated Employment Contracts contain confidentiality clauses?
Yes. Legal Consolidated’s Employment Contracts already contain confidentiality clauses. However, if the potential employee never gets employed with you, then this non-disclosure agreement is all that you have to protect yourself.
But Employment Contracts already contain confidentiality agreements
Actually, that is not true. Yes, our Employment Contracts contain NDSs. But many do not. But as to your question, yes. Once employed our Employment Contract contains the confidential clause. But you may not employ the potential employee. So you need an NDA for all potential employees.
Business Structures for Personal Services Income, tax and asset protection
Family trust v Everett’s assignments
- Family Trust Deed – watch the free training course
- Family Trust Updates:
- Everything – Appointor, Trustee & Deed Update
- Deed ONLY – only update the Deed for tax
- Guardian and Appointor – only update the Guardian & Appointor
- Change the Trustee – change human Trustees and Company Trustees
- The company as Trustee of Family Trust – only for assets protection?
- Bucket Company for Family Trust – tax advantages of a corporate beneficiary
Unit trust vs Everett’s assignments
- Unit Trust
- Unit Trust Vesting Deed – wind up your Unit Trust
- Change Unit Trust Trustee – replace the trustee of your Unit Trust
- Company as Trustee of Unit Trust – how to build a company designed to be a trustee of a Unit Trust
Corporate structures and Everett’s assignments
- Partnership Agreement – but what about joint liability?
- Incorporate an Australian Company – best practice with the Constitution
- Upgrade the old Company Constitution – this is why
- Replace lost Company Constitution – about to get an ATO Audit?
Service trust and Independent Contractors Agreements
- Independent Contractor Agreement – make sure the person is NOT an employee
- Service Trust Agreement – operate a second business to move income and wealth
- Law firm Service Trust Agreement – how a law firm runs the backend of its practice
- Medical Doctor Service Trust Agreement – complies with all State rules, including New South Wales
- Dentist Service Trust Agreement – how dentists move income to their family
- Engineering Service Trust Agreement – commonly engineers set up the wrong structure
- Accountants Service Trust Agreement – complies with ATO’s new view on the Phillips case