DO’s and DON'Ts of the LOI

Gain an edge with an LOI that stands out — for the right reasons. (Handout: LOI template reflecting recent SBA changes.)
Aired
Tuesday, June 17, 2025
DO’s and DON'Ts of the LOI
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Your LOI is a key step to being taken seriously as a buyer.

Attorneys Bill Barlow and James David Williams return for an office hours to walk us through the do's & don'ts of this critical document.

James David and Bill also share their LOI template, ***UPDATED*** to reflect the recent changes made by the SBA.

Topics in the session include:

* How LOIs can stand out for good and bad reasons
* What you can do to get a competitive edge and avoid common pitfalls
* How to address working capital & inventory
* How to address non-competes & key person risk
* Stock vs. asset purchases
* Licensing for trades businesses

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