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okay so on this video were going to cover asset Acquisitions the term sheet or letter of intent so essentially in any ma deal or buying and selling a business essentially if youre doing it as an asset purchase versus buying the entire company like an LLC or a corporation where you take it over youre just buying the assets of the company and putting them into your own LLC or however you structure it so usually you start the process with a turn sheet or a letter of intent in Loi so Im going to show you what a sample just basic template looks like and some of the things that you can look for in uh that transaction so let me share my screen and I will show you just a blank template okay okay so this is a letter of intent for an asset acquisition template uh this is based on a letter of intent versus a term sheet they basically mean the same thing its outlining the material terms of of of an agreement to buy a business sell a business one is more of a letter format the other is a kind
