When you find yourself considering going into business together you might want to consider how you are going to protect yourself in the event of a disagreement. If you are not planning to form a partnership you can always use a joint venture template to draw up an agreement that will protect all those involved in the venture. Considered a legally binding contract, you will find that when properly filled out this document will leave little for any errors or the type of misunderstandings that can cause what is otherwise a good, solid working partnership.
The agreement template can be used to provide a very specific document that not only outlines exactly what is covered under the agreement, but will go into great detail regarding the penalties for a breach of confidentiality. This formula is used to ensure that there is absolutely not chance of any misunderstandings on behalf of either the employee or the employer. Once signed this agreement becomes a legally binding contract that can be used in a court of law.