How to Write a Letter of Intent – and Why it’s so Important

In the latest episode of our video series M&A Talk, we discuss how to write a Letter of Intent (LOI) – and why it’s so important.

If you’ve decided on a business to buy, one of the first steps in the process is writing a letter of intent, or LOI.

If you’re wondering how to write a letter of intent, you’ve come to the right place. This was the topic of discussion in the latest edition of BusinessesForSale.com’s video series M&A Talk, where we discuss everything related to mergers and acquisitions.

Chairman Marcus Markou and VP of Mergers and Acquisitions Nick Pili walk you through how this important document should lay out your offer to any potential seller. They also examine how to review an offer on your business from the seller side.

How should a letter of intent be formatted? Is a letter of intent legally binding? Watch the video below to find out.

How to Write a Letter of Intent

About the author

Stuart Wood

Stuart Wood is Editorial Manager at BusinessesForSale.com, covering business ownership, entrepreneurship and SME trends. With a background in journalism, PR and financial services, he has created content for major brands including Barclays.