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Notes from the marketplace.

Buying or selling a Canadian small business is rarely linear. These pieces are written for owners thinking about an exit, first-time acquirers, lenders, and the lawyers and brokers in their corner.

Buyer and seller reviewing a letter of intent
FeaturedBuying a BusinessAug 5, 2026· 2 min read

What Is a Letter of Intent (LOI) When Buying a Business?

A letter of intent sets out the price, structure and timeline of a business purchase before the lawyers draft the final agreement. Here is what it covers.