Letter of Intent – A preliminary offer to purchase a business, usually non binding, which if accepted by the seller leads to the drafting of a purchase and sale agreement. (From bizben.com)

Tags: exit planning, exit strategey, sell a business, sell a company, selling a business, selling a company

This entry was posted on Tuesday, January 3rd, 2012 at 1:37 pm by mcook and is filed under Business, How To Sell a Business, Selling a Business, exit strategy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.