Q: I’m a small-business owner, and we’re in a stage of growth. Do I really need employees and potential partners to sign NDAs? — Chris P., New Jersey
There are many big-business practices that don’t necessarily apply to smaller companies. When you’re a startup, you can cut a lot of red tape without worrying about repercussions. The use of NDAs — that is, nondisclosure agreements, which serve as legal contracts of confidentiality — is not one of those cuttable corners.
