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Letter of Intent (LOI): What It Is and Why It Is Used in Business Acquisitions
When buying or selling a business, one of the first documents commonly used during negotiations is the Letter of Intent, better known as a LOI. Although it is not the final purchase agreement, it plays an important role in structuring the transaction and helping both parties move forward with...
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What Happens to Employees When You Buy a Business?
One of the most common questions in a business acquisition is what happens to employees when ownership changes. The answer depends on the structure of the transaction, but in many cases employment laws are designed to protect workers and ensure continuity when a business is transferred to a...
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5 Reasons Buyers Reject a Business Within the First 10 Minutes
When a buyer becomes interested in a business, the decision to move forward—or walk away—often begins long before financial statements are reviewed or contracts are signed. In many cases, the first ten minutes of a conversation or presentation are enough to build confidence... or destroy it...
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How to Increase the Value of Your Business 12 Months Before Selling
Many business owners only start preparing for a sale once they have made the decision to sell. However, the most successful transactions often begin long before the business reaches the market. If you are planning to sell your business within the next 12 months, there is still time to make...
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