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non disclosure agreement Tagged Articles
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Five Tips for Inventing
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| When it comes to developing a million dollar invention, unfortunately there are no sure- fire paths to success. However, there are several things with which you can do to increase your odds and ensure your invention has enough potential to succeed. Below are five general tips that you should consider when developing your invention: |
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Entrepreneurs – You’ve Got That Eureka Moment, How Do You Capitalize On Your New Idea?
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| You’ve worked hard on this great idea you’ve had and at last you are ready to start showing the world your brand new, unique product and maybe selling it in the large shops. So what are your next steps? |
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Enhancing productivity and profitability by outsourcing
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| You're a busy business owner trying to juggle it all. It can get overwhelming sometimes. Wouldn't it be nice if you could make a fundamental change in your business to improve productivity and profitability?
You can! In this article, I'll show you how business owners are leveraging their time and working with virtual assistants to take their companies to the next level. You'll read about five qualities you'll want to look for in a virtual assistant that will add real value to your business; and by the end of the article, you'll be ready to start looking for someone who can help you achieve the success you desire for your business
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Other non disclosure agreement Related Articles
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Investigating Franchise Offerings
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| Before investing in any franchise system, be sure to get a copy of the franchiser's disclosure document. Sometimes this document is called a Franchise Offering Circular. Under the FTC's Franchise Rule, you must receive the document at least 10 business days before you are asked to sign any contract or pay any money to the franchiser. You should read the entire disclosure document; make sure you understand all of the provisions. The following outline will help you to understand key provisions of typical disclosure document as well as ask questions about the disclosures. Get a clarification or answer to your concerns before you invest. |
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16 Things You Should Know about Ontarios Franchise Legislation
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| Ontario, Canada's most populous province and economic engine, introduced franchise legislation in 2000. A surprising number of franchise systems are unaware of what they need to do to comply. This article examines what a franchise is, including possible exemptions available. It then discusses how to properly prepare a franchise disclosure document, and how to provide the document to franchise prospects in a way that complies with the law. The ability to rescind for improper disclosure, and to sue for misrepresentation, is also discussed. Finally, the requirement that parties to a franchise agreement deal with each other fairly, in good faith, and in a commercially reasonable way, is discussed. Great read for franchisees and franchisors alike!
peter macrae dillon franchise lawyer ontario attorney canada |
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Sample Non Disclosure Agreement
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| An intermediary should always sign a confidentiality or non-disclosure agreement (NDA). It is a 1 to 5 page document that acknowledges you have sensitive information that if released could harm your business and it should not be shared. Venture capitalists, however, will not normally sign a confidentiality agreement. They see so many companies in the same industry that they cannot sign one agreement and risk not being able to invest in other potential good deals. |
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Franchise Agreements The Basics
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| What you need to look for when you want to start a franchise and are ready to sign the franchise agreement.
So you’ve taken all the appropriate steps; you’ve researched, asked questions, found out about the competition, scouted locations and lined everything up. Now it’s time to sit down and sign the franchise agreement. But before you do, there are several things you need to know. The franchise agreement will be the bedrock of your business, and success (or failure) may lie somewhere inside all those conditions and terms. A smart franchisee will read the franchise agreement very carefully, making sure they understand everything within it. Here are some of the most commonly misunderstood or potential problematic areas you need to be aware of: |
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Be Clear and Concise When You Hire
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| A client called me recently to tell me his company was growing and that he needed to re-hire some employees he had laid off at the beginning of 2009. Given his current growth and the possibility of additional expansion in 2010, he thought it was time to brush off the company's hiring letter and discuss the use of a non-disclosure agreement for key employees.
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NDAs Reduce Business Development Risk
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| Business Development is an equally exciting and risky endeavor. Protect your organization by executing a Non-Disclosure Agreement (NDA) prior to establishing relationships with unfamiliar vendors, potential partners, prospects, or investors. Use Demand Metric’s downloadable Non-Disclosure Agreement template as a starting point when drafting your various NDA documents. |
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Special Issues for a Subfranchisor
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| If you want the right to sell franchises on behalf of a franchisor and, perhaps, also operate your own franchises, you may want to become a subfranchisor. A subfranchisor is sometimes called a "master franchisee," particularly in international deals. A subfranchisor steps into the shoes of the franchisor and acts as the franchisor in a given area (for example, state or county). A subfranchisor sells its own franchises and directly enters into a franchise agreement with a franchisee. The franchisor is not a party to the franchise agreement.
A subfranchisor is subject to the FTC Franchise Rule and state franchise registration and disclosure laws to the same extent as a franchisor. Therefore, a subfranchisor is obligated to have its own Franchise Disclosure Document. |
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Special Issues for an Area Representative
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| An area representative is best described as a "super" franchise broker and servicing agent for the franchisor. You will be disclosed in ITEMS 2, 3 and 4 of the franchisor's Franchise Disclosure Document with your 5-year biography and litigation and bankruptcy history if you will have management responsibility relating to the sale or operation of franchises. An area representative differs from a subfranchisor in that the area representative uses the franchisor's Franchise Disclosure Document and the franchise agreement is signed directly between the franchisor and the franchisee. The area representative is not a party to the franchise agreement. Under the area representative agreement between the franchisor and the area representative, the franchisor delegates to the area representative certain of the servicing and support obligations |
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E-Mailing the Franchise Disclosure Document to Prospective Franchisees
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| Under the FTC Franchise Rule,a franchisor can deliver the Franchise Disclosure Document (“FDD”) electronically by e-mailing the FDD in a pdf form or mailing a FDD copied on to a CD-ROM to a prospective franchisee. The first personal meeting requirement has been eliminated. The prospective franchisee must have the FDD and Exhibits at least 14 calendar days before the franchisee signs any agreement with the franchisor or gives the franchisor any money. Electronic delivery of the FDD disclosure will save the franchisor substantial time and money as the cost of copying and mailing a Franchise Disclosure Document and Exhibits, let alone personnel cost, really adds up. The FTC estimates that the cost to copy and mail a disclosure document is about $35.00 each. The states having franchise registr |
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How To Investigate Franchise Offerings
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| Before investing in any franchise system, be sure to get a copy of the franchiser's disclosure document. Sometimes this document is called a Franchise Offering Circular. Under the FTC's Franchise Rule, you must receive the document at least 10 business days before you are asked to sign any contract or pay any money to the franchiser. You should read the entire disclosure document; make sure you understand all of the provisions. The following outline will help you to understand key provisions of typical disclosure document as well as ask questions about the disclosures. Get a clarification or answer to your concerns before you invest. |
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