Send a Partnership Letter of Intent

A Partnership Letter of Intent is the Letter of Intent for a profit-share deal. You send it from the calculator's Partnership tab.

Why it matters

It puts the terms of your profit-share in writing for the seller to sign before you go further.

Steps

1. Open the calculator and expand Strategy calculator. It is collapsed until you open it.
2. Choose the tab Partnership / profit-share and fill in your numbers.
3. At the bottom, choose Send partnership LOI. The window "Send Letter of Intent — Partnership" opens. (The Send LOI button at the top is a different document.)
4. Enter the seller's name and email.
5. Read "Check the pages before you send", and check Who signs and Who gets a copy.
6. Choose Send for signature. It costs 12 credits.
7. Open Sent for signature. When it says Signed by everyone, choose Download signed.

Good to know

• The pages you check are what the signers will see.