When others steal your business ideas, it means they are good ones, but keeping your intellectual property safe and secure should always remain a priority for your business – especially when outsourcing.
Your intellectual property, trade secrets, and company processes are the lifeblood of your business. You’ve worked hard to develop them so when adding people to your organisation, either in-house or outsourced, it’s vital that you keep them safe.
When considering outsourcing as an option for your business, it’s normal for hesitations to arise when it comes to sharing company information to an outside provider. Is it safe? Will my business ideas be protected? Countless thoughts come to mind which can influence your decision, but with the right partner, and a few added safeguards, outsourcing select roles is a very safe and cost effective business strategy.
What to do when outsourcing your project development
First of all, before making any decisions, set aside time to do some research into your options. Researching is an important stage when you’re outsourcing your business as there are many different outsourcing models to choose from – each with their pros and cons.
Once you’ve decided on the best model, find a company that can not only meets your business requirements but is also one that fits in with your company ethos and culture. Ask other business owners or entrepreneurs for opinions and connect with your potential partner companies to see how they can help you achieve your goals, how the partnership will work, and what security measures they have in place.
When you’ve already chosen the right company to outsource with, have them sign legal documents to protect your intellectual property before commencing. Don’t just jump right into further discussion without safeguarding your project details. Common protections include non-disclosure agreements (NDA) and non-compete clauses (NCC).
These confidentiality agreements will give you the peace of mind that your business plans, processes, and intellectual property are protected by law. If any of your valuable data has been leaked, your partner company will be held responsible.
It’s also worth remembering that even though you’re going to work with project managers, it’s up to you to decide what parts of the business you want to dispense. Take some time to carefully think about what information is important to your company, and be sure to know where that information is stored as well as who has access to it or could have access to it.
Keep all sensitive information password protected and only share it with people who really need access to it. Also take the time to properly educate staff about the proper procedures for sharing information to prevent unintentionally breaches.
The outsourcing company you can trust
When hiring locally, you ultimately have to put your trust in your employees. The same goes for outsourcing, however, entrusting important business details to people you haven’t met face to face, and can’t monitor in the office can be daunting.
At Cloudstaff, we fully understand these concerns and take the responsibility of being trusted with our customers’ data and intellectual property very seriously. We provide enterprise-grade security to keep your business data and processes safe and have a range of add on options to suit all requirements.
At the highest end, we even have a facility called the Cloudstaff Vault—a secure and isolated operations centre designed to meet the stringent requirements of industry standard accreditations. 24/7 security guards and walk through metal detectors ensure that no electronics, phones, recording devices, or portable drives can enter, and computers are fully monitored.
As privacy laws continue to tighten, keeping sensitive data safe is paramount. It’s no longer just good business, often, it’s the law.
Cloudstaff is committed to providing world-class services and the highest level of customer satisfaction. We have dedicated Account Managers who will work with you every step of the way.
As a business owner, you have to consider how to best protect your business ideas. Take some time to consider what steps you need to take to make sure that you’re trusting the right people with your information.
Need someone you can trust in developing your business projects? Work with a partner that complies with your industry’s security standards. Outsource with Cloudstaff today. Email us at email@example.com.