LOI Masterclass and Checklist

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April 03, 2024

by an admin from Stanford University - Graduate School of Business in Honolulu, HI, USA

Join our LOI Masterclass and Checklist session, led by esteemed entrepreneur and attorney ^redacted‌, for an enlightening journey through the intricacies of drafting a Letter of Intent (LOI).

Learn the critical components of an LOI, understand common pitfalls, and how to avoid them, ensuring your financial interests are safeguarded.

With Laura's insights and the comprehensive checklist provided, you'll be equipped to avoid costly mistakes that could save you thousands of dollars in the long run.


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Reply by a lender
in United States
I'm grateful that a credible, experienced business attorney such as ^redacted‌ is offering this educational class on LOIs. Buyers must make intelligent choices about legal documents to protect their interests when buying a business. Buyers should be cautious of online influencers who sell costly online courses/memberships on how to buy a business, including do-it-yourself legal templates.

Also, buyers should be wary of business brokers who suggest using their in-house brokerage firm attorney—who also represents the seller—or the brokers' recommended SBA lenders. These brokers receive extra monetary incentives for these referrals, and these recommendations may not always be in the buyer's best interest.

Remember, the advice that pays others monetary incentives might dearly cost you as the business buyer in the long run.
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Reply by a searcher
from Southern Methodist University in Dallas, TX, USA
Enjoyed this chat! Groundwork is super important. Well done ^redacted‌ and ^redacted
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