You've got certain stuff in your business that sets you
apart from your competitors. When I speak with clients and friends
about my area of legal practice, I usually refer to this stuff as a
company's "secret sauce."
If the recipe for your company's secret sauce is released to
your competitors, or even your clients, you could be facing a
potentially business-ending event. No one wants to be in that
situation, but what can you do to prevent your secret sauce from
getting out there?
Here are 5 helpful tips to help you protect your company's
most valuable information:
- Keep your trade secrets and
confidential and proprietary information under lock and
key. I mean this both figuratively and literally. This may
mean requiring passwords or other credentials in order to access
such information, or keeping hard copies of documents in a locked
storage drawer.