NDAs and protecting confidential information

This section will help you to understand how to protect your intellectual propertyA product of human creativity such as copyrights, trademarks, patents and designs. and other confidential business information when sharing with others, whether at meetings, when discussing business collaborations, or whilst selling your business. It will also help you to understand how to use NDAAn Non Disclosure Agreement. These are agreements between parties to not disclose any confidential information except where permitted under the terms of the agreement. An NDA can be either one-way (only one party agrees not to disclose confidential information) or mutual (all parties to the agreement agree not to disclose confidential information). s and coexistence agreementsAgreements between two or more businesses allowing them to operate without fear of interfering with each other's intellectual property rights. Coexistence agreements are most commonly used to avoid confusion where two businesses or people have similar names., and how to protect your intellectual propertyA product of human creativity such as copyrights, trademarks, patents and designs. when a third partyA person who is not directly involved in an existing relationship, transaction or dispute; for example, someone who is not a named party in a contract. has access to it (whether through a sale, licence, franchiseAn arrangement whereby a business gives someone else a licence (permission) to operate a business which uses their name, trade marks, brand and logos, usually in exchange for a percentage of the other business's profits., commission, or because they are providing you with a service).