Tired of getting your Letter of Intent (LOI) rejected—or worse, ghosted? In this episode of Napkin Numbers, Scott Lundt and Rahsaan Freeman walk through the key components of a strong Letter of Intent and what it really takes to get sellers to take you seriously. They dive into how to present your qualifications, clearly outline your process, and maintain deal momentum through thoughtful communication and structure. You’ll also hear insights on what sellers are looking for, how to build trust early, and why vague or incomplete LOIs can stall your progress. Whether you're an aspiring business buyer or advising one, this episode is packed with practical advice to help you stand out, stay engaged, and close with confidence. The business landscape is shifting rapidly, and opportunities for growth through acquisition are more abundant than ever. Freeman Lundt specializes in helping businesses navigate fluctuating valuations, leverage dropping interest rates, and capitalize on strategic acquisitions. If you’re ready to make your next big move in 2025, don’t wait—contact us today to discover how we can help you seize the moment and grow your business. Freeman Lundt is here to help you plan your business’s growth and exit from your business on your terms. The #1 question of CEOs looking to grow or sell their business is always, what is my business worth? Don’t worry, we have a free, confidential, industry-leading tool for that! Please use our complimentary business evaluation calculator to determine your business's worth.