Of course! A business that has no trade secrets could hardly be any great success.
Every successful business has intellectual property, referred to as trade secrets – a method, formula, device, process or any information that gives the business a unique competitive advantage over its competition.
And surely anything that gives you a competitive advantage has value and is worth identifying and protecting. Not only will your trade secrets be important to your company’s growth, its very life could hang in the balance.
The types of information protected by trade secret law are practically unlimited. Following are examples that may help you properly identify trade secrets that you should take steps to protect.
Examples of trade secrets
After you have identified your trade secrets, you will want to address just how they should be protected here: How Do I Protect My Trade Secrets?
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