Understanding a Letter-Of-Intent

An episode of the Agency Exits podcast, hosted by Amanda Dixon, titled "Understanding a Letter-Of-Intent" was published on March 18, 2021 and runs 2 minutes.

March 18, 2021 ·2m · Agency Exits

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Summary

A letter of intent (called an “LOI”) is a document that declares the preliminary commitment for purchasing a business. The letter outlines the terms of a prospective deal, but can change through due diligence. It will outline confidentiality, when you’ll be paid, and the noncompete agreement. If you’re interested in buying or selling a digital agency, check out www.wearebarney.com

Episode Description

A letter of intent (called an “LOI”) is a document that declares the preliminary commitment for purchasing a business. The letter outlines the terms of a prospective deal, but can change through due diligence.

It will outline confidentiality, when you’ll be paid, and the noncompete agreement.

If you’re interested in buying or selling a digital agency, check out www.wearebarney.com

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