Negotiating and signing a Letter of Intent (LOI) is a key inflection point in the process of selling your business. Buyers and sellers both want the LOI to ensure a base level of understanding on certain key terms such as...more
In our last installment, we discussed some of the initial steps involved in the process of selling a dental practice, including preparing your practice for sale and finding a potential suitor. Specifically, we described ways...more
Many transactions begin with the delivery by one party to the other of a letter of intent (“LOI”). The LOI is a document setting forth the parties’ intent to enter into a transaction and summarizing certain salient business...more