by Dave Kauppi | Jan 3, 2022 | LOI |
Takeaway: In a business purchase letter of intent, just like in an apartment lease, the party producing the document will attempt to stack the deck in their favor. Surprisingly, there are many similarities between signing an apartment lease and a letter of intent....
by Dave Kauppi | Dec 7, 2018 | LOI |
Understanding the Letter of Intent (LOI) in the Sale of a Business: The letter of intent(LOI) is an essential step in facilitating the sale of a business. The purpose is to establish the economic framework for buyer and business seller to move to the due diligence...