Going from employee to the owner of a small business will take a huge level of personal commitment and a good deal of effort, time and money. This is not a decision or change that you should take lightly or a process you should do in haste. There are elements
Read MoreA purchase contract (or “offer to purchase” as it is sometimes called) is a detailed document that a buyer submits to a seller in order to purchase the seller’s business. In this document the conditions, warranties, non-compete conditions, financing, terms, inventory, training and other transition details, and other aspects of
Read MoreTo put it simply, a Letter Of Intent (LOI) is a letter that a buyer sends to a seller to let the seller know that they are a serious buyer who is looking to make a serious offer on the business. LOI’s are typically used for larger business transactions, though that
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