If you are buying a business, due diligence is your opportunity to look under the hood before you commit. If you are selling, it is the buyer’s opportunity to do exactly that, which means you should ideally have looked under the hood yourself first. Due diligence can seem overwhelming, particularly when the first request for […]
Archive | Letter of intent
Cash-Free / Debt-Free Explained: What Quebec Business Owners Need to Know Before Selling
buying business Letter of intent sale of business
If you’re an entrepreneur thinking about selling your business in Quebec, you’ll almost certainly hear the phrase “cash-free / debt-free” at some point in the deal process. It sounds technical, but the idea is actually straightforward once you break it down. Understanding it early can help you avoid surprises on price and protect the value […]
Buying a Business: What Is the Purpose of a Letter of Intent?
buying business Letter of intent sale of business
The letter of intent is a highly useful tool for structuring a transaction from the outset. It shows the buyer’s seriousness, brings clarity to the negotiation process, and protects the interests of both parties