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[Music] thank you welcome to the second video in our series on selling your business Im Lindsay Ryan marketing director here at PDT solicitors and with me today I have nobody who is the head of our corporate team and corporate team here at PDT is well known as one of the leading experts in corporate transactions in the Southeast and they have lots of experience helping firms to buy and sell their businesses working on mergers and Acquisitions corporate restructuring Corporate Finance strategic advisory work and other corporates and Commercial transactional matters so Noel is here with us today to talk to us about heads of agreement right so heads of agreements uh why do you need them and what are they well firstly good morning good morning a heads of agreement or a letter of intent are not always but let me put this into some context if you go into a shop and ask to buy a box of pencils then you dont expect to be presented with a pre-contract set of terms detailing the terms of purch
