A beautifully drafted set of seller promises is worth very little if the cap is too low to recover under or the basket is structured so you can never reach it. This article explains how caps and baskets control post-closing liability in a business sale, and how buyers and sellers negotiate each one.

Many business buyers assume a Letter of Intent is just a non-binding handshake on the purchase price. However, failing to lock in specific legal protections—or blindly agreeing to standard broker terms for earnest money deposits—can expose you to immense financial risk. This article breaks down exactly which LOI provisions must be legally binding and how to safely structure your deposit to protect your leverage and capital during due diligence.

When you buy a business, you must also secure its operating capital. This article explains how to set a Net Working Capital Target to avoid overpaying or suffering a post-closing cash crisis.

Most business buyers see seller financing simply as a way to bridge a capital gap. But its most powerful function is strategic: a seller note ensures the seller has "skin in the game" after closing, turning them into a partner invested in your success. Learn how this alignment can lead to a smoother transition and set you up for long-term growth.