Heads of Terms: A Key Step In The Negotiation Process

Heads of Terms: A Key Step In The Negotiation Process

Linkilaw Legal Documents

Whether you’ve successfully scaled your business and have buyers knocking on your door or you’re looking to acquire a business yourself, you’re likely overlooking a key step in the negotiation process: Heads of Terms. What are Heads of Terms? Also known as Letters of Intent or Memoranda of Understanding, Heads of Terms set out the main points of a deal …

key legal documents when selling a business

What Are The Key Legal Documents When Selling A Business?

Linkilaw Business Finance, Legal Documents

When selling a business, it makes sense to present your business at its best. Your contracts are extremely valuable. By planning your sales strategy and ensuring that you have key documents prepared, you will strengthen your negotiating position and be more likely to secure key commercial terms. If your key documents are not up to scratch then you risk of …