Is an NDA all I need to be safe?

I have an idea for a product and have been communicating with a manufacturer to get some prototypes made. I haven't disclosed any secrets of the design and figured I should get an NDA signed.

Myself and the manufacturer have both signed the NDA and am getting ready to send the specs and designs to them. Is an NDA all I need to protect myself and my idea?

Tags: NDA, business, manufacturer, new

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Permalink Reply by Kirk Thomas on June 26, 2012 at 9:19am

An NDA is probably all you are going to get. The usefullness of a NDA is often up for debate. They can be hard to enforce and if you are doing business over seas then some countries base their economy on knock offs. However if you have done your research and are working with a good prototyping US based company then you will probably be just fine. Consider locking in at least a provisional patent if applicable and any copywrite, trademark loose ends. But in the end action is better than fear. So act, just do it wisely. Good Luck

Kirk

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Permalink Reply by Joshua Christensen on June 26, 2012 at 9:23am

Kirk,

Thank you for feedback. The company is based in the US and they have an A+ score according to the BBB. I've started looking into patenting, but am with you, just act (wisely).