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A letter of intent (LOI) is a document declaring the preliminary commitment of one party to do business with another. The letter outlines the chief terms of a prospective deal.
Write the introduction. Describe the transaction and timeframes. List contingencies. Go through due diligence. Include covenants and other binding agreements. State that the agreement is nonbinding. Include a closing date.
Dear Recipient Name, My name is John Smith and I am contacting you on behalf of your company name for the purpose of obtaining a franchise for your products and services in the some location. We are a local well-reputed provider of some service with 10+ years of expertise in the some domain industry.
Salutation. Begin with a professional salutation. Body Paragraph 1: Introduction. Body Paragraph 2: Highlight Relevant Skills. Body Paragraph 3: Call to Action. Closing. Use the appropriate format. When sending an email, include a clear subject line. Research the company.