Legal Hub

Discover how to launch your own business in the UK with our comprehensive step-by-step guide. From planning and registration to necessary legal documents, we cover everything you need to turn your business idea into reality.

Have you ever started contract negotiations, only to find that what you thought were agreed-upon deal terms were completely misinterpreted by the other side? In the absence of a letter of intent (LOI) template, this is the risk of diving into formal contract drafting without agreeing upon the key terms first. Read this checklist to create your own comprehensive LOI template.

Streamlining the contract process can be a game-changer in business. This guide explains how an effective letter of intent can establish a clear framework for agreeing to the key terms of a potential transaction, project or joint venture before finalising the contract. With this simple letter, parties can align expectations early and minimise the risk of disputes down the line.