Have you outsourced the developing of your mobile app project or are you considering doing it? If so, then you’re going to be working with a lot of strangers soon. You need to protect your interests while doing so, as you’re going to be sharing a lot of critical business information as well as ideas with them. While it doesn’t happen often, some developers have been known to steal app ideas and make millions in profit to the detriment of the company who came up with it in the first place.
How Do You Protect Your Business/App Idea?
So how do you ensure that your business or application idea isn’t stolen by the development company – or someone from the team – for personal gain? By signing a non-disclosure agreement (also known as NDA)! An NDA is a legally-enforceable contract that makes it mandatory for developers to keep your information confidential. If they fail to do so, there can be severe legal consequences for them.
What Critical Functions Does an NDA Serve?
A nondisclosure agreement is meant to protect your trade secrets and other confidential information. Typically, there are three key roles an NDA will play when it comes to application development:
- Protect Your App Idea: The most important function of the agreement is to protect the app idea. Your developer will be forbidden to talk about it with your competitors or anyone else.
- Keep Development Rights: Once the project has been completed, the agreement will allow you to retain the rights to the concept underlying your project (usually this clause is more present in patent filings than mobile apps). That will prevent other people from making clones without your permission.
- Create Off-Limits Information: Devs will need to talk about some parts of your project, especially if it’s high profile or if you require marketing to create hype before the launch. You will be able to create a list of content that is off-limits and can’t be divulged during marketing.
Only work with a mobile development company that is trustworthy and is willing to sign a nondisclosure agreement before commencing with the planning of the project.