What Happens After I Sign a Letter of Intent (LOI)? Signing a Letter of Intent (LOI) is a major milestone in the process of selling your business. It signals that you and the buyer have agreed on key terms — such as price, structure, and timing — and are ready to move...

1. Acknowledge the Situation Early Transparent Communication: Announce the sale as soon as legally permissible to avoid rumors. Silence fuels fear. Leadership Presence: Hold all-hands or small team sessions with leaders to answer questions. Narrative Framing: Position...