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Need some quick legal advice about a business idea..
A long time ago I mentioned a shitty business idea about selling samples, and it wasn't before long I realize it really is not a profitable idea at all, but MOST OF ALL, we don't need more sample cds, and even if we did I'm far from qualified to really do it.
However, I had a business idea long before the samples, and the fact is there IS a massive demand for what I will be offering.(always has been) Rarely anyone offers it now,(a lot of people want it) and I have 4 people I've met and spoke with this week, who are all very motivated to help, they know the gist of the idea, but none of the specifics and how I'm gonna make it work.
But theres nothing shiesty at all, straight up offering a quality product that I know a lot of producers need. You can guess all you want but Id rather not talk about it right now. (not mastering, patches or anything like that) However, you don't need to be an expert to do it, you just need a bit of manpower and time, which I do have. I also have no expectations at all, but the idea itself is really smart imo, and there is a real potential for it to take off.
My question is, I'm a bit hesitant about discussing the idea, and having someone steal it (naturally). These people will be working with me (free) to do 3 things simulatanesouly that will wind up tieing into one purpose. I currently have no legal forms or anything, and I'm thinking it would be smart to write up something. Can I write up a noncompete form for a business that doesn't exist, and have it hold up legally in court? If it ever came to that? Thats my real question. I'm getting more and more excited as I'm meeting other artists in my area, and am starting to realize how nonbusiness minded some of these people are, or how simply unmotivated they are. But I'd hate to have anything backfire on me in the end if someone did decide to go out on their own and try it.
Would a simple noncompete form (signed by them) be enough you think?
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Sequencers: FL Studio 9XXL & Reason 3.
Main Synth Bass GTs - Pro-53, V-Station, Sytrus, Subtractor, Trilian, Blue, Sylenth & Z3ta.
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Hardware - Truths, Echo Audiofire, Virus Snow, & Novation Xio Midi-Synth.
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