EP 24 | How to Sell Your Business: What Really Happens After the Letter of Intent (LOI)

February 11
20 mins

Episode Description

Thinking about selling your business—but unsure what actually happens after the Letter of Intent (LOI)?

In this episode of Merger She Wrote ®, host Paloma Goggins, founder of Nocturnal Legal, walks you through the entire sell-side M&A process from a seller’s perspective. This episode is especially valuable for first-time business sellers who want to avoid costly mistakes and unexpected delays.

Selling a business isn’t just about agreeing on a price. From negotiating the LOI to surviving due diligence, understanding SBA lender rules, and navigating earn-outs, the legal process can feel overwhelming if you don’t know what to expect. This episode breaks it all down.

In this video, we cover:

✔️ Why you should never skip the Letter of Intent (LOI)✔️ How earnest money deposits protect sellers✔️What documents belong in a due diligence data room✔️ How purchase agreements are negotiated✔️ The truth about earn-outs and how they delay seller payouts✔️ SBA financing rules that limit seller consulting after closing✔️ What really happens after the deal closes

Whether you’re planning to exit a startup, professional service firm, or family-owned business, this episode will help you negotiate smarter, protect your interests, and prepare for life after closing.

👇 Need legal guidance for your business sale? Visit Nocturnal Legal: https://www.nocturnallegal.com

#mergersandacquisitions #sellingabusiness #businessexit #smallbusinessowner #businesslaw #entrepreneurship #exitstrategy #nocturnallegal

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