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What exactly is a Business Purchase Letter of Intent or LOI?
What exactly is a Business Purchase Letter of Intent or LOI? This seems like a very scary document but actually it's not. Technically, a business purchase letter of intent is really a non-binding agreement that says "I would like to buy your business for an asking price of $XXXX with contingency stipulations A, B, and C but first I want to take a closer look at your business". Again, it seems complicated but it's really a very simple semi-legal looking document that gets the ball rolling. So let's take a look aT this very important document that protects the buyer while spelling out due diligence items, the initial offer and many of the details that will eventually be part of the final purchase agreement.

The Joy of Registration Rights
As Jason and I close out our Letter of Intent series, we thought we’d cover one last item that has screwed many a seller – the case where a public company acquires a private company for unregistered stock. Some buyers will try to ignore this – a good seller should work hard up front to get agreement on what type of stock and what kind of registration rights they will be receiving. Expectation setting is key in this situation.
Do I Practice What I Preach?
At dinner I was pondering the answer I gave on the post How An Entrepreneur Can Protect Himself Post-Funding. Something was bothering me about it and I thought to myself “do I practice what I preach?” (Amy suggested that I should be bothered by my title of the post, which should have been “… Can Protect Himself or Herself …”)
The Business Plan
I periodically get questions from readers of this blog about business plans. I was pondering the best way to work through a “business plan series” (similar to the Term Sheet series and Letter of Intent series) when Dave Jilk - my partner in Feld Technologies (my first company) - dropped a few documents on my desk, including the original Feld Technologies business plan. A scanner, Adobe Acrobat PDF maker, and a little OCR later, I had the document in electronic format.

Want to buy a business? Don’t use a non-binding letter of intent.
A non-binding letter of intent is not a good way to present an offer for a small business. It has disadvantages to both the business buyer and business seller.
Sample Letter of Intent
If you ever need to lease an office, this is a sample form for you to use.
Five Lessons Learned from the 8 Figure Sale
Read this Case History of the Salesperson who Failed to Close the 8 Figure Deal He Worked on for 2 Years!
Lonrho to Acquire 51% Stake and Control of Mozambican Microfinance Bank, Socremo Banco de Microfinancas
Lonrho, the British conglomerate that is rapidly growing a portfolio of investments in Africa, has announced that it has signed a letter of intent to acquire 51% and board control of the second largest bank in Mozambique, Socremo Banco de Microfinancas (Socremo). The transaction is subject to Reserve Bank of Mozambique approval.

Other letter of intent Related Articles

The Joy of Registration Rights
As Jason and I close out our Letter of Intent series, we thought we’d cover one last item that has screwed many a seller – the case where a public company acquires a private company for unregistered stock. Some buyers will try to ignore this – a good seller should work hard up front to get agreement on what type of stock and what kind of registration rights they will be receiving. Expectation setting is key in this situation.
There Are Miles and Miles left for you and I to go.
I just received an extraordinary letter from a young lady named Allison. She touched my heart. It’s one thing to receive a fan letter; it’s another to receive a letter that shares the author’s heart. This, Allison did, with such verve and vision it stopped me in my tracks.

Sales Letter
A sales letter is exactly what it sounds like – a letter intended to bring in sales. Whether it gets the reader to place an order directly, or just to inquire about further information, the goal is the same. But, it’s not just an announcement; you need to make an offer to the reader. And, there are ways of doing so that are more effective than others. Read on to discover some tips to writing a strong and effective letter.

Lonrho to Acquire 51% Stake and Control of Mozambican Microfinance Bank, Socremo Banco de Microfinancas
Lonrho, the British conglomerate that is rapidly growing a portfolio of investments in Africa, has announced that it has signed a letter of intent to acquire 51% and board control of the second largest bank in Mozambique, Socremo Banco de Microfinancas (Socremo). The transaction is subject to Reserve Bank of Mozambique approval.
2008 Global Brand Trends letter
A yearly letter authored by Stanley Moss, reviewing the state of international branding. This year's letter addresses sustainability, CSR, place branding, social networking, the cult of celebrity, the luxury category, measurement. The letter concludes with different points of view on the question "What is a brand?"
Business Letter Writing for Small Business
Think back to when you were a child for a moment – how did you feel when the postal worker delivered a letter addressed just to you? Most kids feel excitement, enjoyment and enthusiasm when they get a letter. It doesn’t matter what the letter contained – the important thing was that it was addressed to them.
What exactly is a Business Purchase Letter of Intent or LOI?
What exactly is a Business Purchase Letter of Intent or LOI? This seems like a very scary document but actually it's not. Technically, a business purchase letter of intent is really a non-binding agreement that says "I would like to buy your business for an asking price of $XXXX with contingency stipulations A, B, and C but first I want to take a closer look at your business". Again, it seems complicated but it's really a very simple semi-legal looking document that gets the ball rolling. So let's take a look aT this very important document that protects the buyer while spelling out due diligence items, the initial offer and many of the details that will eventually be part of the final purchase agreement.

Letter of Intent - The Abuse
The letter of intent was once a sought after prelim agreement in the transport industry in South Africa. Today it is simply ignored bue the aboue. This article explains the Letter of Intent and its legal standing today.
3 Amazing Tips To Create A Great Sales Letter
Your sales letter or sales page is an important part of your marketing campaign. Your sales letter is really the words and images that combine to tell a story to your prospect or site visitor about what you are offering. In very rare cases, a poor or mediocre sales letter will suffice - but only if your product or service is so compelling that people just have to have it. Often, however, it is the sales letter that persuades your reader - this makes an excellent sales letter a must in the scheme of things. Writing a sales letter doesn't have to be hard or expensive - and when you follow these five tips, you will be amazed at how easy it really is.
Want to buy a business? Don’t use a non-binding letter of intent.
A non-binding letter of intent is not a good way to present an offer for a small business. It has disadvantages to both the business buyer and business seller.
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