Image via Wikipedia

• Can be better than patent because trade secrets will never expire

• Classis example is Coca Cola formula

• There must be high security level for trade secrets

• Companies must force employees to sign agreements, information is provided on need-to-know basis

• Make revealing a trade secret grounds for immediate termination

• One should inform their employees of their duty to protect the secret

• Secrecy has to start at beginning or courts are merciless

• Make sure all contractors have signed confidentiality contract

• Once trade secret is out it is no longer a trade secret