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Basics Of Letters Of Intent
Get a better handle on these common documents
Letters Of Intent (often referred to as LOIs) are common in business deals.
They can be important documents and can, when done right, save time and money.
I jump into the basics of LOIs in this video.
Jump in with your comments (no confidential information, please) and let me know what topics you would like in future videos.
Video Contents:
0:00 - Introduction
1:44 - Disclaimer
1:55 - Usually Not Binding
4:05 - Sets Framework
5:08 - Coca-Cola Agreement
9:28 - Framework Continued
9:48 - Pathway to Agreement
10:40 - Save Time And Fees
11:56 - Agreement Funnel
12:16 - Conclusions
Shawn
www.rsmlawpllc.com
NOTE: While legal issues are discussed this is education and is not legal advice. It is not a substitute for the advice of an attorney. Please consult your own attorney on your situation and get legal advice about your circumstances. Courts are unpredictable may disagree with the author’s opinions.
This is not financial or investment advice.
P.S. You may get new updates on business issues by following on substack: https://rsmlaw.substack.com/
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#letterofintent #contracts #businessdocuments
Video Concepts:
Basics of Letters Of Intent, contracts, legal documents, business law, business issues, doing business deals, what is a letter of intent, letter of intent, how to set-up a letter of intent, what does a letter of intent do, drafting a letter of intent, contents of a letter of intent, binding letter of intent, non-binding letter of intent, r shawn mcbride, law firm
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