Business ideas and secret should not be be disclosed to people that you don't know, it's a sensitive documents that if released can crumble your business. An employee remains an employee no matter your status or relationship with the business owner.
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This depends on your conviction to show them or not but advisably it's something you will keep secret because some can even used it to destroyed you.
You have made a good point. However, it might be difficult to keep your trade secrets away from a your employees because few of the important and senior ones might be privy to such information already along the course of working for you.Not every thing in life is to be kept open, the more you keep you work secret away from your employees, the better your privacy and the more you have peace of mind.
The few that know some secrets about the company should also learn to keep the company's secret because it is part of the good quality of an employee.You have made a good point. However, it might be difficult to keep your trade secrets away from a your employees because few of the important and senior ones might be privy to such information already along the course of working for you.
What about cases of restaurant? where maybe they have secret recipes for their dishes, most managers would not want to share it with their employees to prevent them from breaking out with time and starting up their own restaurant.You don't have anything to hide in your business unless you are engaging in something shady. If you are well versed with marketing and promotion of your business and brand you will never think of other people copying your method.
Everyone can bake hamburger just like McDonalds but not everyone can sell like McDonalds. A secret recipe we still get exposed one day no matter how the person may hide it. One of the employer will get access to it. It was even told that it is one of the Coca-Cola employee that startup Pepsi. Has Coca-Cola gone out of business since the establishment of Pepsi? Your answer is as good as mine, both of them are still waxing stronger.What about cases of restaurant? where maybe they have secret recipes for their dishes, most managers would not want to share it with their employees to prevent them from breaking out with time and starting up their own restaurant.
Yes, there should be confidentiality amongst the staff of a business even after they are no longer under your employ. You wouldn't want staff to spill your secrets to rival companies.Keeping secrets on how things were done is very peculiar with companies. Although, I totally agreed that there should be some level of confidentiality. You don't want your competitors to outsmart you. So, you need to keep secrets sometimes.
You have a point there but you would agree with me that even if Pepsi and coca cola are doing fine, Pepsi can never taste like coca cola, biggie cola even came up but it still does not taste like Pepsi or even coca cola, like you said about not everyone can sell like macdonald, which means they have their own trading secrets that probably only a selected few amongst the marketing team might know about and they would have probably signed an agreement. Don't you think so?Everyone can bake hamburger just like McDonalds but not everyone can sell like McDonalds. A secret recipe we still get exposed one day no matter how the person may hide it. One of the employer will get access to it. It was even told that it is one of the Coca-Cola employee that startup Pepsi. Has Coca-Cola gone out of business since the establishment of Pepsi? Your answer is as good as mine, both of them are still waxing stronger.
I beg to be disagree with the last statement in your comment in which the marketing team needs to sign agreement with the company.You have a point there but you would agree with me that even if Pepsi and coca cola are doing fine, Pepsi can never taste like coca cola, biggie cola even came up but it still does not taste like Pepsi or even coca cola, like you said about not everyone can sell like macdonald, which means they have their own trading secrets that probably only a selected few amongst the marketing team might know about and they would have probably signed an agreement. Don't you think so?
In business, it is not wise to reveal every secret to the employees. Some individuals have got evil intents and sharing valuable information with them is destructive and not worth it.With the greedy nature of human beings coupled with selfishness,is it right to let your employees in on your trade secrets or is there any cause to be worried about being sabotaged by employees especially when managing inventory is difficult example having a restaurant and you're not around to manage it
Every business has their own secret tools in which they use in acheiving their aims and objectives in th business world , and most time you might realises its dangerous if you reveal it out.The trade secret is one of the strongest tool an employer may have to be at the top of a business competition. You might or might not reveal most of them to your employees except is some cases.