Commercial loans are a lifeline for many businesses, providing the necessary capital for growth and operations. However, these loans can also come with risks for lenders. To protect their interests, lenders rely on carefully written commercial loan documents. From...
Business Law
What are the advantages of entering a joint venture?
When it comes to growing your business, sometimes it isn't enough to go at it alone. You may have a great idea, a talented team and a solid plan, but you may struggle to take your business to the next level without the proper resources or expertise. That's where a...
Discuss new proposed regulations to the SBA Small Business Development Programs
By: Jon M. DeVore The U.S. Small Business Administration (SBA) has scheduled to publish on or about August 18, 2024 in the Federal Register notice of scheduling of three Consultations and a Listening Session to discuss new proposed regulations to the SBA Small...
Women-Owned Small Business Owners with Outside Employment? Tread Carefully!
Author: Carissa Siebeneck Anderson Date: June 26, 2024 SBA Proposes to Update and Standardize Limitations on Outside Employment for Owners of WOSBs, EDWOSBs, VOSBs, SDVOSBs, and 8(a) Firms In a recent proposed rule, the U.S. Small Business Administration...
How can you draft an effective partnership agreement?
Partnerships can introduce new expertise and resources to businesses, potentially bringing great benefits. However, the success of these arrangements can significantly hinge on planning and preparation. Involved parties often enter these setups with projected growth...
Health care practices have unique employment law needs
Alaska health care practices must follow the same state and federal employment laws as do other businesses. However, this does not mean that there is such a thing as a standard approach to employment agreements and other employment issues that a medical practice can...
Four ways to defend your business in a personal injury lawsuit
A personal injury lawsuit can threaten the reputation and financial viability of your business. With so much on the line, you need to find a way to aggressively defend yourself. That’s easier said than done, especially when the evidence is unfavorable to your...
What’s the “Cat’s Paw” theory of liability for discrimination?
There’s an old fable about a sneaky monkey that convinces a too-trusting cat to grab some chestnuts out of a fire. Predictably, the cat gets a burned paw, and the monkey feasts on the chestnuts. What’s this story have to do with your business operations? Well, if...
3 ways non-disclosure agreements can protect your company
In today's saturated business landscape, protecting sensitive information is crucial for maintaining a competitive edge. Non-disclosure agreements (NDAs) serve as legal contracts that help safeguard confidential information from being disclosed to unauthorized...
What you should know about alcohol and drug testing in your company
Undeniably, you want your employees to be sober to be productive, serve clients appropriately and keep colleagues safe. However, informing your employees not to drink or use drugs when at work may not be enough. Some may break this rule. For this reason, you may need...