This document provides an in-depth guide to Letters of Intent (LOIs) for acquiring founder-owned businesses, emphasizing their crucial role in deal success. It outlines the strategic purpose of LOIs, such as validating feasibility and securing exclusivity, and details essential components like deal structure and purchase price.
The text clarifies the distinction between binding and non-binding clauses, highlighting common pitfalls to avoid during the drafting process. Furthermore, it addresses key differences in LOI practices between the UK and US and offers advice on effectively presenting an LOI to a founder-seller, stressing the importance of preparation and empathy.
Read that whole document here: https://www.linkedin.com/posts/alexanderkalis_how-to-write-a-loi-for-business-buying-that-activity-7333020011566931968-1bSg?utm_source=share&utm_medium=member_desktop&rcm=ACoAABGzL5gBDtJNUCsnAPn6tKYpDHZSNFxIWh8
About Alexander Kalis:
Alexander Kalis acquires and grows enduring small and mid-sized businesses—and supports others doing the same. With 25 years of experience in institutional investing, including founding and managing global investment firms, he made a deliberate shift from backing startups to focusing on resilient, cash-flowing companies with lasting relevance. Today, Alexander works with business owners preparing for growth or exit, acquisition entrepreneurs pursuing ownership, and private investment firms seeking strategic and operational support.
Follow him here: https://www.linkedin.com/in/alexanderkalis/
DISCLAIMER: The BizNexus Roundup podcast features AI hosts whose analysis is based entirely on pattern recognition and reports created by actual human experts. While our hosts can process vast amounts of data, they've never actually closed a deal or sat in a boardroom.
Our discussions draw from publicly available sources and expert insights, but we strongly encourage listeners to consult the original documents and reports referenced in each episode for the complete context and analysis. The AI hosts' market predictions and deal assessments, while data-driven, are no substitute for professional human judgment and due diligence.
For actual M&A advice, please consult qualified human experts and always go to the source materials to get the full story.
Learn More About BizNexus
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