Month

February 2022
A business purchase letter of intent (LOI) is a non-binding document shared between a buyer and seller of a business entity. The agreement is used as a starting point for negotiating the terms of a proposed business deal.  An LOI typically includes provisions for items such as price and any adjustments to the purchase price,...
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It’s good to be liked. Especially when you’re liked because of the success of your business. But all flattery aside, if you’re sought after by a competitor looking to buy your business, what should you do? The short answer is: proceed with caution. First, Take a Gut Check Whether you could sense an offer coming...
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Some of the best business opportunities may be those that aren’t even on the table…yet. If you’re in the market to acquire a business, you may find your options are quite limited if you restrict yourself only to those that are “for sale.” But before you approach a competitor, you want to do some research...
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Scaling a business takes time, but there is one way to quickly grow and potentially double (or more) your book of business essentially overnight – and that’s to acquire another company.  Before you start eating up your competition, however, you want to really think things through. A good investment, if not executed well, could end...
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