Top 5 Reasons Why You Should Have a Letter of Intent for Your Next Commercial Real Estate Deal
October 18, 2023
1. Demonstrates Commitment. While the majority are non-binding, the parties’ willingness to negotiate and execute a letter of intent demonstrates a preliminary commitment to the deal. 2. Confirms Material Terms. Reaching an agreement on material deal terms usually gives the parties’ confidence to continue to negotiate in good faith. 3. Removes Ambiguity / Identifies Dealbreakers. […]
Associate Buy-Ins: Selling Your Veterinary Practice to an Associate
September 26, 2023
Selling your veterinary practice can be financially, legally, and emotionally complicated. And, while selling to an associate certainly has its benefits, there are still plenty of complications you need to be prepared for. Before you sell your practice to an employee, take the following steps to ensure a smooth transition for everyone involved. 1: Assemble […]