How Entrepreneurs Can Protect Their Secret Sauce

How Entrepreneurs Can Protect Their Secret Sauce (1)

As an entrepreneur, protecting your secrets is what will keep your company alive. By keeping your confidential information as safe as possible, you will be able to ensure the longevity of your business. However, in a world of instant information and Internet hacks, protecting your secret sauce may be harder than ever. But there are a few easy steps you can take to keep your business processes secure.

 

Keeping it Confidential

Keeping your secrets to yourself is simple enough, but running a business without giving away important information is impossible. The key to ensuring your information’s security comes with knowing who to trust and understanding how to protect it. Read on to find out how to make your secrets safer.

 

Patent Protection

Image Credit: Traskbritt Patent Attorneys

Companies that manufacture and sell their own products are excellent candidates for patents. You can likely invest more time in designing, producing, and marketing your product when you know that your secrets are patent protected.

If your company is licensing your product to another business, the patent is a valuable asset when negotiating terms. Additionally, having a patent for your product will let others know it’s not a copy of someone else’s idea.

 

Lock Up Physical Documents

The easiest way for people to get a hold of sensitive information is through physical paperwork. Whether you improperly disposed of your documents or you left confidential papers lying around, anyone can easily access your physical documents if you haven’t taken measures to protect them.

An easy way to keep your paperwork safe is by simply locking physical copies of your documents in a filing cabinet, lockbox, or safe. Alternatively, you can prevent the theft of any physical documents by keeping all your sensitive information on the computer.

 

Protect with Passwords

It doesn’t take a genius to understand the importance of a password for anything that may contain confidential information. This means that everything from your phone and laptop to your wifi and office should be protected– either with a password or through other methods of identity authorization.

Image Credit: Tudor Reilly

Similarly, when taking measures to protect your digital information, it is important to put safeguards in place to prevent anyone from hacking into your system. Invest in protective software that will allow you to keep all of your data as safe as possible.

 

Taking specific steps to keep your information safe is the best way to secure your company’s future. By making sure your confidential documents are protected, keeping your electronic devices locked, and patenting your ideas, your intellectual property will remain safe.

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Don Suave'

Bryan "Don Suave '" McNeil-Walker is a music producer of over 20 years with a passion for marketing. After immersing himself in digital marketing for four years he founded Alavon Enterprises to help provide entrepreneurs and creatives the tools and solutions to grow their business/brand in the new digital age. His belief is that the marketing of today and tomorrow is social, automated and mobile.