A non-disclosure agreement (NDA) is a legally binding contract that ensures the protection of confidential business information shared between two parties, such as a franchisor and a prospective franchisee. The NDA restricts the recipient from disclosing any sensitive information related to the franchise system, including trade secrets, financials, and operational procedures. NDAs are commonly used in the early stages of the franchise discovery process to maintain confidentiality before any formal agreements are signed or business transactions are made.
Non-Disclosure Agreement (NDA)
This term
A non-disclosure agreement (NDA) ensures that confidential business information is protected between parties.
Joe Bailey
Lead Franchise Advisor & Owner
At Franchise Reports, the goal is simple: help you find better franchises.
