There is often a fair amount of ambiguity in regard to non-binding vs. binding offers (and which you need to use as a potential buyer)...
Steps to Sell a Business
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[ez-toc] Your first offer for a company serves as a starting point for future negotiations. It is important to make a strategic first offer so..
A letter of intent, also called an LOI, is an essential component of the business buying process. For buyers, an LOI provides them with the..