Author: Endlex

As part of our series of articles on letters of intent (hereinafter referred to as the “Letter” or “Letters”) in commercial transactions for the sale of shares (https://endlex.ca/letter-of-intent-definition-and-purpose/), we’re going to take a closer look at negotiating the balance of the sale price at the Letter stage. This article is the first of several to […]

As part of our series of articles on letters of intent (hereinafter referred to as the “Letter” or “Letters“) in commercial transactions involving the sale of shares (https://endlex.ca/letter-of-intent-definition-and-purpose/), we will take a closer look at the down payment on the purchase price that may be made by the buyer to the seller at the Letter […]

As part of our discussion on letters of intent (hereinafter referred to as the “Letter” or “Letters“) in commercial transactions involving the sale of shares (see – https://endlex.ca/letter-of-intent-definition-and-purpose/ ), we will be taking a closer look at buyer financing conditions at the Letter stage.   Buyer financing will be discussed in depth in a series of […]

As part of our discussion of letters of intent (hereinafter referred to as the “Letter” or “Letters“) in commercial transactions involving the sale of shares (https://endlex.ca/letter-of-intent-definition-and-purpose/), we take a closer look at the exclusivity clause and its purpose. 1.Definition The exclusivity clause in a Letter states that the buyer benefits from exclusive negotiations with the […]

To expand on our last article on letters of intent (hereinafter referred to as the “Letter” or “Letters“) in the context of commercial transactions involving the sale of shares (https://endlex.ca/letter-of-intent-definition-and-purpose/ ), we will take a closer look at the binding nature of such Letters.   As mentioned in our previous article, the parties may indicate in […]

In a business transaction, the letter of intent, also known as the offer to purchase or promise to purchase (and for the purposes of this article, the “Letter“), is a legal document used by the parties to a business transaction to endorse the main terms of the forthcoming transaction. As you may guess from its […]

You may be thinking of buying or selling a business and you are hesitating between a sale of shares and a sale of assets? Here are 3 elements to consider before making your choice:   1.Capital Gains Exemption  The sale of shares usually triggers capital gains for the seller, and half of such capital gains is […]

“What is as minute book?” We get this question a lot. Many entrepreneurs incorporate and operate their business without having a clue as to what a minute book is. It is quite common for businesses to operate for years without the need to create a minute book. However, in this article, we will explain in […]

A startup’s success is closely tied to its founders’ contribution, especially at early stage, and such contribution will have a significant impact on the valuation of the company. Consequently, it is essential for the growth and the success of the company that its founders remain involved in the company for a certain period of time. […]

Now more than ever, digital marketing has become a very important tool for any business. A strong online presence can help your business generate a lot of revenue while strengthening your brand. Digital marketing usually involves constant interaction with actual or prospective clients, whether through content posting or other relevant means. Many businesses send automatic […]