When you decide to purchase a business, a crucial step is drafting a compelling letter of intent (LOI). This document outlines the terms and conditions of the proposed transaction, serving as a roadmap for further negotiations. A well-structured LOI can set the stage for a successful acquisition. Read on for the key elements that should…
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If you’re beginning to think about selling a business, you need to ensure that you have a sound exit strategy in place. Why? Because comprehensive exit planning will aid in assuring a smooth and lucrative transfer of ownership of your business. Here are some of the many benefits that business owners will realize from proper…
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Have you spent years dreaming of owning your own restaurant? If so, you are in luck, as market reports indicate that there are projected to be more restaurants for sale in 2022-2023 than in recent memory. Let’s break down what we may see in the coming 18 months. Restaurant Sales Growth 2021 vs. 2022 There’s…
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