Advice From An Experienced Oakland Business Attorney
Experienced entrepreneurs know that it can be better to purchase an established business instead of starting one from the ground up. The San Francisco Bay Area’s strong economy also makes metropolitan areas like Oakland a smart purchase location. But like any business venture, the purchasing process must undergo strategic steps so that buyers and sellers reach fair, negotiated and intended legal terms at the end of the transaction. The Letter of Intent (LOI), insignificant as it may seem, must be crafted and delivered carefully for the business agreement to continue without mishaps. When it is time to draft a LOI, consult a contracts attorney and consider the following: Continue reading →